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Academy Mortgage

Acquired by Guild Mortgage

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You'll get laid off - Anonymous employee Academy Mortgage Employee Review

2.0
Jun 11, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice big office with a kitchen on every floor, free soda, a gym for employees. Decent pay

Cons

Be careful taking a job with Academy. They like to hire, hire, hire when it gets busy. And then they do big layoffs VERY regularly. At some point, you will more than likely get laid off. Even if you've worked there for over a decade. They will lay you off. And while all this is happening, the executive team remians the same. And they will spend literally a million dollars to take their top producers on exotic trips around the world, and spend tons of money on humanitarian trips and donations to struggling countries. And while these donations and humanatarian trips seem nice, they are not taking care of employees who have been loyal.

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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