Is Lower a good company to work for?

Lower has an overall rating of 3.6 out of 5, based on over 719 reviews left anonymously by employees. This rating has increased by 9% over the last 12 months. 58% of employees would recommend working at Lower to a friend and 60% have a positive outlook for the business. The best reviews about Lower have been left by employees working as Loan Concierge , Account Manager and Lending Coordinator .

Does Lower pay their employees well?

According to anonymously submitted Glassdoor reviews, Lower employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at Lower. This rating has improved by 5% over the last 12 months.

How satisfied are employees working at Lower?

58% of Lower employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lower 3.7 out of 5 for work life balance, 3.7 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Lower?

Loan Advisor (146) , Loan Officer (43) , Account Manager (40) , Mortgage Loan Officer (32) , Loan Processor (25) , Lending Coordinator (23) , Senior Loan Officer (22) , Sales Development Representative (SDR) (18) , Senior Loan Advisor (17) , Loan Concierge (14) , Operations (14) , Operations Analyst (12) , Assistant Vice President (8) , Mortgage Loan Processor (8) , Intern (6)

What are the pros of working at Lower according to real employee reviews?

"Great people that work there and during the “all time low rates” the company really was the place to be of course." ((in 77 reviews)); "The pay was decent." ((in 25 reviews)); "fun work environment for employees" ((in 23 reviews)); "Met great coworkers and memories" ((in 21 reviews)); "Good training" ((in 19 reviews))

What are the cons of working at Lower according to real employee reviews?

"The 401k match isn't good" ((in 40 reviews)); "401K benefits could be better" ((in 35 reviews)); "and other lenders that had MASSIVE layoffs." ((in 28 reviews)); "6. Upper management gives you what you deserve as soon as you resign." ((in 26 reviews)); "Work/life balance is absolute 0." ((in 23 reviews))

What are employees saying about Lower layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Lower layoffs and their outlook for job security at Lower in 2026.

What are the top reviewed Lower locations?

New Albany , Columbus , Columbia , Brick , Lincoln , Georgetown , Dallas , Houston , Edinburg , Cincinnati , Westerville , Boulder , Denver , Spokane , Baltimore , Pensacola , Sarasota , Ohio , Homeside

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Lower

Lower reviews

Outstanding job and amazing people - Loan Concierge Lower Employee Review

5.0

Jun 17, 2020

Loan concierge

Recommend

CEO approval

Business Outlook

Pros

From day one, everybody at Lower makes you feel very welcome and everybody is willing to help. The management is fun and there is more autonomy than I expected. If you're willing to put in the time and effort you can expect to learn a lot and also make a lot of money. While here, you'll learn both information about the mortgage industry, but also soft skills like fluid conversation. Which will not only help at this job, but also with the rest of your life. Lower is also growing rapidly, so there is always an opportunity to be promoted.

Cons

Starting the job can be very frustrating. You're compared to everybody else at the firm, some of which have been in the industry for years. It's pretty discouraging at first. 401k isn't great.

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5.0

Mar 20, 2026

Sr. loan officer

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

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

Mortgage loan officer

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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Outstanding job and amazing people - Loan Concierge Lower Employee Review

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