Loan Officer - Loan Officer PrimeLending Employee Review

1.0
Mar 23, 2015
Recommend
CEO approval
Business outlook

Pros

Nice offices? Could lend in other states, which would have been nice, but it was difficult closing loans within the state, so the thought of closing out of the state was not practical. Signing bonus. The float down was a great feature.

Cons

NO support for LO, processing was slow and careless, loan conditions were long with tons of bank overlays and purchases were approved the DAY of closing (if at all), figures would arrive after the scheduled closing time and closings would take hours--sometimes days. I heard the dreaded comment, "you're a good LO, but I just can't risk using you now that you are at Prime." Wow. Painful They are a bank, which means they own the database, not you. They solicit your database.

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5.0
Jun 4, 2026
Recommend
CEO approval
Business outlook

Pros

Always improving processes to make things easier, Provides all the tools and resources needed to make our jobs easier.

Cons

Salary is 100 % commission

5.0
Oct 3, 2025
Recommend
CEO approval
Business outlook

Pros

everyone was super nice and friendly, and got along

Cons

driving to work in traffic sucks

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