People here care about each other and our customers - Sales Manager Lower Employee Review

5.0
Apr 17, 2020
Recommend
CEO approval
Business Outlook

Pros

Ton of pros here. The managers here care deeply about the development of employees, professionally and personally. The SVP is currently running a leadership series for newer managers centered around making us better for our teams as we grow. The CEO mentors 3-4 sales people each quarter personally with weekly 1 on 1's. Our VP's are constantly training the teams and showing them how to achieve better outcomes for customers and each other. The training staff is fantastic on keeping us up to speed on what's happening in the industry. Our CARE department shares ALL customer complaints with managers WEEKLY. That's right - every week each VP is required to review all customer issues for their team and work hard to resolve them, and to train any employee who needs it on any issue that we could have helped control up front. The people leading this company care a lot about how the customer is treated and the outcome of their loan, along with how people are developed from within.

Cons

It's a heavily regulated industry we're in, so there are changes that sometimes are annoying to deal with. Nothing you can do about that, just have to be on your toes and ready to adapt when new changes are required based on what's happening outside the company walls.

Explore other reviews about Lower

5.0
Mar 20, 2026
Recommend
CEO approval
Business Outlook

Pros

-incredible earning potential -supportive management that cares about the LO's -All the tools supplied to succeed -Great work culture, lots of fun events -Communication between team members

Cons

- sometimes files take longer than expected to close - unexpected variables in the loan process

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Lower Response
1mo
Thank you for taking the time to share your feedback! I'm glad you value the great work culture and supportive management. We understand some files take longer than expected to close. Lower is continously working to streamline and approve our processes to help our borrowers.
1.0
Apr 6, 2026
Recommend
CEO approval
Business Outlook

Pros

There are limited pros working at Lower. Based on my experience, I would only recommend working here if you're new to the industry. Get licensed, learn the basics, and leave after a year.

Cons

If you have been in the industry for more than a year, you know products, you know guidelines, you know how to sell. That said, find a company with a comp plan that makes sense with a rate sheet that actually benefits the consumer. Ironically, rates at Lower at the Highest in the industry. You'll be asking borrowers to take on a 30-year-fixed -rate mortgage that's 50bps (or more) higher than the industry. On top of the higher pricing, you get paid a fraction of what other loan officers make. Instead of $20K/mo commissions, you'll be making $3K at best. The hourly rate is a recoverable draw so you're making $60K while other loan officers are making $200K+ per year. If that wasn't enough, your loans will sit in process FOREVER. No one knows what's going on. From VP to processor, there is zero communication. Loans will fallout left and right.

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