Best Job Ever - Senior Loan Advisor Lower Employee Review

5.0
Mar 20, 2026
Recommend
CEO approval
Business outlook

Pros

Working at Lower has truly been an incredible experience, not just for our clients, but for me personally as a Senior Loan Advisor. From day one, I’ve been supported, challenged, and given the tools to grow in ways I didn’t expect. I personally thank my managers for mentoring me nonstop and driving my success to a level I didn’t expect. I’ve been able to make more than I ever could’ve hoped going into this role, and along the way, I’ve built close, fun, and proactive relationships unlike anything I’ve experienced in previous jobs. It’s not just about the work, it’s about the people and the culture that makes you want to keep getting better every day. This role has given me a level of financial security and the ability to create meaningful life experiences that I didn’t have before, and for that, I’m incredibly grateful. I’ve also been fortunate to develop to the level I’m at now, even earning a promotion, with hopefully more to come!! On top of that, we consistently deliver for our clients, from helping them save money, purchasing their first home, to building generational wealth. Communication is strong, the team is reliable, and the impact we make is real. I couldn’t be more thankful to be part of Lower and excited for what’s ahead. ⭐⭐⭐⭐⭐

Cons

I wouldn't change a single thing about my experience here, I'm exactly where I want to be

Explore other reviews about Lower

5.0
Mar 20, 2026
Recommend
CEO approval
Business outlook

Pros

-incredible earning potential -supportive management that cares about the LO's -All the tools supplied to succeed -Great work culture, lots of fun events -Communication between team members

Cons

- sometimes files take longer than expected to close - unexpected variables in the loan process

1.0
Apr 6, 2026
Recommend
CEO approval
Business outlook

Pros

There are limited pros working at Lower. Based on my experience, I would only recommend working here if you're new to the industry. Get licensed, learn the basics, and leave after a year.

Cons

If you have been in the industry for more than a year, you know products, you know guidelines, you know how to sell. That said, find a company with a comp plan that makes sense with a rate sheet that actually benefits the consumer. Ironically, rates at Lower at the Highest in the industry. You'll be asking borrowers to take on a 30-year-fixed -rate mortgage that's 50bps (or more) higher than the industry. On top of the higher pricing, you get paid a fraction of what other loan officers make. Instead of $20K/mo commissions, you'll be making $3K at best. The hourly rate is a recoverable draw so you're making $60K while other loan officers are making $200K+ per year. If that wasn't enough, your loans will sit in process FOREVER. No one knows what's going on. From VP to processor, there is zero communication. Loans will fallout left and right.

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