Loan Officer applicants have rated the interview process at Lower with 2 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 33% positive. To compare, the company-average is 79.4% positive. This is according to Glassdoor user ratings.
Candidates applying for Loan Officer roles take an average of 9 days to get hired, when considering 6 user submitted interviews for this role. To compare, the hiring process at Lower overall takes an average of 13 days.
Common stages of the interview process at Lower as a Loan Officer according to 6 Glassdoor interviews include:
Phone interview: 27%
One on one interview: 20%
Group panel interview: 13%
Background check: 13%
Drug test: 13%
IQ intelligence test: 7%
Personality test: 7%
Here are the most commonly searched roles for interview reports -
I applied online. The process took 1 week. I interviewed at Lower
Interview
There are 3 interviews usually and they go smoothly is. There aren’t many requirements to join the company. The reason they have so many Glassdoor reviews is because after the job is accepted they stare at you posting your review.
Interview questions [1]
Question 1
Basic interview questions like what are your goals.
2 step interview process. Phone screen followed by panel interview. This changed rapidly as the market adjusted. They typically asked questions directed towards loan experience, looking for experience and ability to sell
Interview questions [1]
Question 1
How many loans do you sell in a month and by what source do you obtain them.
I applied through an employee referral. The process took 1 week. I interviewed at Lower in Feb 2021
Interview
Easy interview. Laid back questioning. Having experiences in sales/marketing/management will help with most questions. Experience in mortgages and banking make your career in the field much easier to transfer into