Mortgage Banker - Mortgage Banker BMO US Employee Review

1.0
Jun 29, 2017
Recommend
CEO approval
Business Outlook

Pros

They'll hire basically anyone that doesn't write their resume in crayon. Also a con...

Cons

Poor training, almost no support, slow inept processors, underwriters almost ALWAYS miss conditions that only seem to randomly pop up 3 days prior to closing, can't call underwriters, poor market reputation due to poor processing, excessive overlays, incapable of making closing dates, worst commission structure in the industry that I've seen, micromanagement, etc... The list goes on.

Explore other reviews about BMO US

5.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team, growth, good bonus

Cons

Lean team, nights / weekend deployments

3.0
Jul 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote and Hybrid work available

Cons

Some managers seem disinterested, Others are on you about stuff, and then there are the ones who say things that make you feel like you're stupid even when you know the question has a sound basis.

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