Pros
Good starting pay for new employees. Very aggressive commission structure with a potential to make a lot of money . Work hard play hard atmosphere. They like to party. No micro managing and you can set your own schedule. Provide leads. Great benefits. Have a very knowledgeable veteran staff. Quick turn time on loans. This is a great place to make money if you already know the mortgage industry.
Cons
The training is a joke. High employee turnover rate. The provided "warm leads" are not the best quality. Most of the leads won't answer and have already been called many times by other lenders. Many of the leads who answer are not open to discussion or do not qualify. Learning resources are scarce. The overall culture towards training is negative and many people are annoyed when others ask questions. The compensation recieved for a team leader's personal success highly surmounts the compensation received for the success of the team that he or she is responsible for. They don't really care if you succeed. The cultural importance of providing good and fair products for customers varies greatly depending on the loan officer. The work to life balance is terrible. They expect you to work a lot and those who are successful work around 55-60 hrs a week.
