Pros
The money. For underwriting at least, they pay well however that definately comes at a price. No one would work here if they didn't pay well.
Cons
Nepitism runs absolutely rampant through the builder, contractors and of course at the Lender as well. If the loan officer and/or sale rep is a "Horton", married to one, or "involved" with one, they will pretty much get their way whether the loan truly qualifies or not. ANY guideline that is a "gray area" or at the discretion of the u/w will basically be determined in favor of approval, whether it should or not. Any risk factor that AUS cannot read is not even worth mentioning because it will be "overlooked". Companies like this will eventually lead to legislation that makes it illegal for builders to have their own lenders. When that happens, this lender will be a text book example of why. Get used to overtime and working weekends. Your personal life means absolutely nothing when turn times or number of closed loans are involved. You will be expected and frequently required to work way above and beyond the intial expectations that you are told in the hiring and training process. One Dallas area office pays their processors very little and expects way more out of them than their pay justifies. They start most of them out in the 30k range which as you can imagine, leads to absolutely horrible processing quality and multiple resubmissions to you as the underwriter. In fairness, any decent processor wouldn't even walk through the door for 30k a year so they get what they pay for. Unfortunately that burden falls onto the u/w's shoulders to pick up the slack.
