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One Reverse Mortgage

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Mortgage Banking Sweatshop - Mortgage Banker One Reverse Mortgage Employee Review

1.0
Apr 29, 2015
Recommend
CEO approval
Business outlook

Pros

I made some friendly connections with my "team" or class of mortgage bankers.... Fast forward to today many of them have left before and after I have and felt the same way. Was educated in mortgage banking, received 11 state licenses!

Cons

Pressured to produce. Call cannon - start pretty much as a call center for a mortgage product. Leads really were not coming to you, most of them was through marketing like a "birthday card" sent out for wherever they found lists of people turning 62... time for a Reverse Mortgage, right? Working in downtown Detroit. Having to move to a new building each month because OMG they're growing! Didn't feed into their "isms" yes... they had isms! I wanted to visit my spouse while he was away for AIT in the US military for one weekend after him being away from home for over 6 months. Was told I could not go since I'm not producing to their liking! Took me into the ORM boss' office with my director and had a "friendly interrogation." Left the next day. I didn't want mortgage banking in the first place, thought that would be natural for me since I am a sales-driven individual. Found out the hard way and now I am turned off to their company. I'm not the only one, I feel like many are apprehensive to speak up.

Explore other reviews about One Reverse Mortgage

5.0
Mar 9, 2023
Recommend
CEO approval
Business outlook

Pros

Paid well for my role

Cons

Work from home wasnt an option

5.0
Apr 4, 2018
Recommend
CEO approval
Business outlook

Pros

I started working as a Mortgage Banker at One Reverse San Diego in 2017. The first thing I noticed was the support for the employees. I was told that the company treats their staff and work environment like the “Google of Mortgage Companies” and after my first couple of months I realized that this was indeed accurate. In addition to the litany of in office perks, One Reverse Mortgage sponsored and paid for all of my licenses and provided me additional licensing that I would have not had otherwise. In turn this has provided me a ton of opportunities. To be honest I am even busier than what I was expecting coming in. I am inundated on a daily basis with more leads/business than I have ever had and this has expedited success for me as a Mortgage Banker. This is a very good thing. Plus management is really supportive in developing your skills to succeed. I am certain that with the tools, training, and resources available anyone fortunate enough to get hired on at the ORM San Diego office will succeed. One last thing is that I have never felt like coming to work is a chore as the company is really generous with everything including PTO and the work/life balance. I know that I have the flexibility to take time off as needed. In fact, it is actually encouraged. To me that says it all. I would definitely recommend working as a Mortgage Banker at ORM if you want to jumpstart a long and successful banking career.

Cons

No real "cons" come to mind

1
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