3.0
Dec 27, 2016
Current employee, more than 3 years
Oakland, CA
Recommend
CEO approval
Business Outlook
Pros
1. Base salary can be as much as $5,000 monthly non recoverable. 2. 75 bips top tier commission payout 3. 10 bips quarterly bonus 3. Good marketing budget 4. decent construction Program
Cons
1. No jumbo products 2. Pass the buck management 3. long (super-long) turn times on ""ALL"" mortgage products 4. Consumer (Business) products are way below industry average 5. Rates are much higher than any-any-any competitor 6. No 30-45 Day Close options 7. Loan changes way to many hands before it is ready to fund and in most cases can take upto 60 days to close on a purchase loan.