Sinking Ship - Loan Processor Low VA Rates Employee Review

1.0
Apr 3, 2017
Recommend
CEO approval
Business outlook

Pros

This was a good job to get some background mortgage knowledge and my foot in the door. Co-workers were great as well.

Cons

Management is a mess. So far in 2017 there have been at least 60 people laid off. Employees are quitting left and right. Drastic pay cuts have taken place. Low morale all around. I've never seen so many employees quit in a 60 day period. They also bribe employees with "swag" for good Glassdoor reviews. Something to keep in mind as you read all the "great" reviews and are considering employement here.

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Low VA Rates Response
9y
I appreciate the review and suggestions on your way out. Things are a bit rough here currently but we will survive the slowdown and current numbers show a good increase is already on the way. I wish we could have done a better job in your eyes at navigating these necessary changes. I will go on the record and for sure tell anyone reading that we have never bribed or given swag for a "great" review on glassdoor. We have told employees if they do review us we will give them swag. We always want honest reviews like this one.

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

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3.0
Jul 29, 2025
Recommend
CEO approval
Business outlook

Pros

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Cons

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