The North Korea of mortgage. - Mortgage Specialist Guaranteed Rate Employee Review

1.0
Jun 25, 2016
Recommend
CEO approval
Business Outlook

Pros

The North Korea of Mortgage

Cons

Bad leads-aged lending tree crap and worthless digital mortgage leads. High rates-pricing .25pt higher than your competition. Lot's of office politics Lousy benefits-Medical 401k Vacation all below average High turnover Low compensation Charge backs - that show up on your paycheck out of nowhere Endless favoritism Endless promises Antiquated technology Pending law suits Leaking talent like a sieve as good employees leave everyday and are replaced with inferior talent: Scrubs that look in need of a bath or shower being hired everyday at GR.

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5.0
Jul 17, 2026
Recommend
CEO approval
Business Outlook

Pros

Fantastic technology, common sense underwriting and great operations team

Cons

Honestly none I can think of

1.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Work from home. Good hands-on experience for someone with little to no administrative or mortgage industry experience.

Cons

Training and communication on my team was confusing and sub-par. Layoffs are frequent and without warning.

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Guaranteed Rate Response
2w
Thank you for your honest review. We strive to create a great workplace but recognize there are areas where we can do better. Your insights are important to us, and we’d like to learn more about your experience. Please feel free to reach out to our Human Resources Department.
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