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Academy Mortgage

Acquired by Guild Mortgage

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Poor Management, Sneaky & Deceptive Practices, knowingly Commits Fraud - Branch Manager/Mortgage Banker Academy Mortgage Employee Review

1.0
Jan 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Nothing besides great vacation for Top Producers, but then fire them for no reason.

Cons

They will wine & dine you to start new branch, thinking you will profit. Deceptive in all areas, They fire Top Producers stating it's "with cause" so they don't have to pay you.

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Academy Mortgage Response
11y
Academy Mortgage does not comment on former employee complaints. Academy’s 1700 current employees find Academy Mortgage to be a great place to work and be successful.

Explore other reviews about Academy Mortgage

5.0
Mar 23, 2024
Recommend
CEO approval
Business Outlook

Pros

I loved the culture at Academy. The people were great,

Cons

There were no cons to working there

4.0
Feb 1, 2024
Recommend
CEO approval
Business Outlook

Pros

It's a good company overall, Great support systems for LO's like IT/Business support. CRM, Mobile app, Lead system. Very well organized and executed on the Corporate level. Good product offerings for in house and loans, lot of Jumbo loan correspondent options, and decent broker channels for non QM. Very solid in house support on processing, underwriting pricing flexibility. I think for more seasoned established LO's this can be a very great option of a company to work for. You can have all the freedom and autonomy in your day to day here you want. On the flipside you're never going to get any help sourcing/brining in business. So if you are a very capable self gen LO it can be great. If you're not, and just getting started in the business may be a slow go for you.

Cons

Your experience will vary by branch on culture fit, training and support. Starting as a new LO I do not feel I got the best training and guidance on how to properly establish and run your LO business. From others I have spoken to that have started out elsewhere they had much more training, development and support in the beginning. I think this does vary widely by branch, but from a corporate level I do not feel you get the same training other companies can offer. I think the corporate structure/ management levels are too overlayered. This does take effect on your pricing, and although decent, your never gonna be not worried when someone is shopping you.

4
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