Extremely Disappointing - Anonymous employee CMG Financial Employee Review

1.0
Nov 3, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ability to work from home. That's about it.

Cons

Aside from the CEO, the leadership at CMG is atrocious. Managers are terrible at responding to emails and employees need to fight tooth and nail for every penny, including raises and bonuses. Nepotism is rampant, and the human resources department is inept. The most employee recognition you will ever receive is a token so you can order company swag from their online store. There are little to no growth opportunities, and the compensation is extremely low compared to the competition. Many hourly employees work off the clock because their managers refuse to approve overtime, and HR turns a blind eye to it. When it comes to layoffs, the most you will get is two weeks' severance, regardless of how long you've been there (unless you're a manager). The company is extremely top-heavy and favoritism is blatant. Some loan officers get whatever they want from the executive management team while others are left struggling.

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CMG Financial Response
3y
The statements contained in this review contain many inaccuracies. Concerns brought to the attention of Human Resources are addressed as appropriate; employees may not always be aware of the resolution. We encourage employees to speak directly to HR or leadership regarding concerns. We appreciate the feedback provided and always strive to support a work environment that includes open communication.

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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