employer cover photo
employer logo
employer logo

Homeside Financial

Part of Lower

Engaged Employer

Loan Officer - Senior Loan Officer Homeside Financial Employee Review

1.0
Feb 19, 2016
Recommend
CEO approval
Business Outlook

Pros

Upbeat atmosphere with modern surroundings and pleasant, soothing colors. Wants to be known as the "Modern Lender." Very little underwriting review and loans are always approved in about a half hour. Like the subprime market.

Cons

TERRIBLE benefits, very low 401k match (a fraction). Health insurance is very high. Only 2 weeks vacation if you're fortunate enough to get any time off. Management creates too much of a competitive environment for constant sales. The atmosphere creates hostility among coworkers and increases the probability of high risk loans due to mgmt's constant demand for sales or the threat of termination. It's really a 24/7 sweatshop. I was swayed into this place with false claims of it being "A Best Place to Work." This is the result of Mgmt and a false claim.

avatar
Homeside Financial Response
10y
As always, I thank you for the feedback. While it is disappointing to see negative comments from a current employee, I do thank you for taking the time to share your personal feelings. I did want to take the time to respond to a few points you made: With regards to benefits, we just made the switch to a new insurance provider that will enhance the medical coverage in many ways, while reducing the cost for most team members by 25-50%. Secondly. while all employees start with 2 weeks vacation during one's first year, employees do earn extra vacation time the longer their tenure with Homeside. With respect to your feelings, your comments on our culture and sales environment sadden me. I think most employees would disagree with your feelings, as evidenced by over 100 positive reviews listed below. That said your feelings need to be addressed in a positive manner so that we may change the way you experience Homeside. Please know that we have an open door policy for our executive leadership team. All team members are welcome to discuss specific instances where culture could be improved confidentially. Finally, with regards to false claims of being "a top place to work", Homeside has won "a best place to work" award in 2 markets (Columbus, OH & Washington, D.C.) thanks to feedback and independent surveys from our employees. Again, thank you for your comments. We will use them to continue to enhance our corporate culture and employee offerings. I assure you that your success and the success of your teammates is most important to our leadership.

Explore other reviews about Homeside Financial

5.0
Sep 30, 2024
Recommend
CEO approval
Business Outlook

Pros

yes Its very good company

Cons

work pressure is little high

3.0
Jan 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Cool I guess but really boring

Cons

Not enough time off to watch my kids

See reviews by: Helpful|Rating|Date|All