Best VA Streamline shop in town. Every other loan program needs improvement - Loan Officer Low VA Rates Employee Review

3.0
Jan 23, 2017
Recommend
CEO approval
Business outlook

Pros

worked here all of 2016 and 2015. It was great. Constant leads to do the easiest loan program imaginable. The VA streamline. Flexible work schedule. Laid back work environment. Great break room and people.

Cons

After the election when rates went up, we started having the chance to do full file loans. Nobody knows how to do them. Then we were told that our BPS per loan were going down on top of the overall slow down in business. That's when I decided to move on. Lots of growing pains ahead as they try to transition out of being a streamline only mortgage company.

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Low VA Rates Response
9y
Thanks for the kind words even after leaving. I wish we knew who you were because it speaks volumes. We have had pains for sure as you state and we have heard some not so kind reviews from some who have left us. Thank you!! Best of luck and once we create more success in this new environment, please come on back!

Explore other reviews about Low VA Rates

5.0
Jun 27, 2025
Recommend
CEO approval
Business outlook

Pros

Competitive pay, good leads and management

Cons

Hard to make money when rates are high

3.0
Jul 29, 2025
Recommend
CEO approval
Business outlook

Pros

Alot of fun people work at Low VA Rates. You do get a lot of leads.

Cons

When interest rates go up it is a very tough environment. They only do VA refi.

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