You'll regret working here. - Senior Loan Processor CMG Financial Employee Review

1.0
Oct 5, 2022
Recommend
CEO approval
Business Outlook

Pros

There are no pros anymore. The only was that I could work from home, but that's gone now.

Cons

You're verbally abused by loan officers, managers, people in other departments. You're used as the scapegoat for people who don't do their jobs. Managers don't know how to manage and aren't supportive. They only give raises to upper management. They're forcing people back into the office and refused any quality of life raises. They lay off workers who are STILL NEEDED and then offset their work onto remaining employees, but don't allow overtime. I am absolutely certain a loan officer I worked with committed fraud at least once and attempted to commit fraud a second time. I went directly to my manager about it and she ended up brushing it under the rug. This company will do anything to coddle their loan officers. I worked my way up from a "lower" position and the manager in that position is useless. He can never be reached when help is needed from his department, so you have to go above his head to get any results. Everybody at this company is a child, spouse, or relative of an executive (or sleeping with the right people). The nepotism and corruption is unreal, but it will NEVER be addressed because they protect each other. I have been in the mortgage industry for a very long time and I have never been so disgusted by a company and the way they practice. My mental health has deteriorated since working here. I put my heart and soul into my work, so to constantly be degraded, picked apart, judged and dismissed is beyond heart-breaking.

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CMG Financial Response
3y
Thank you for taking the time to share your feedback. It is of the utmost importance to CMG’s leadership that we work to identify solutions to challenges brought forth. The experience you describe with CMG does not align with our core principles and is one that we would appreciate the opportunity to address directly. Please reach out to Melissa Harbourne, Chief HR Officer, at mharbourne@cmgfi.com, if you would like to discuss. Thank you.

Explore other reviews about CMG Financial

5.0
Jul 9, 2026
Recommend
CEO approval
Business Outlook

Pros

I have spent more than 3 decades in the mortgage industry, CMG is definitely in the top 3 mortgage companies I've worked for. Ops is lightning quick, compensation is solid, the product variety is the best I've seen including amazing proprietary programs, benefits are reasonable, there really isn't anything more I could ask for. Every aspect is at least good, if not world class!

Cons

None I can think of

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

There are a ton of opportunities to innovate and build industry-changing technologies. We have a great product team and a great engineering team, so the possibilities for my team and me are endless. We're also serious about using AI across product management, BSA work, QA, and engineering. It's part of our culture, and the transformation is being led directly by our technology leaders, which shows they're hands-on and lead by example. You won't find many places where a top leader is this invested in transformation and in the details, and that's both encouraging and energizing for our team. On the business side, there's a lot of flexibility and support for our sales and fulfillment team members. Ideas are heard and implemented no matter who they come from. Our leadership team is humble, and they genuinely care about and understand their business. They've been very welcoming and have taken the time to help me understand their business needs so I can deliver the right solutions. CMG believes in top-notch customer service and in offering a comprehensive suite of products that most other companies don't have. The culture here is great and genuine, and I'm very glad I made the choice to join CMG.

Cons

Opportunity to standardize process and create an enterprise fulfillment strategy, currently in the works and planned for the immediate future.

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