Most Stressful Job I've Ever Had - Operations Lower Employee Review

2.0
Dec 1, 2021
Recommend
CEO approval
Business Outlook

Pros

The merch is comfortable My colleagues are tremendous people

Cons

-Constant sales babying. Pushing off their job onto other departments because "they keep messing it up". <- actual quote from a sales leader when trying to push yet another thing on to operations. -Pay disparity is all sorts of crazy. Operations(processing in particular) are responsible for ~90% of the work on each file that closes, yet they're bonus structure amounts to around 5-10% of what sales makes per file. Sales is paid so much more and at this point their only significant job duty is "having the tough conversations" which they put off until it becomes an issue on almost every file. -Constant moving of goalposts. I've never seen a company be more stat oriented. Surely we can do more work on each file and close more loans, with less support(after the mass layoffs due to over-hiring), right? WRONG! -Frat culture is not something to be proud of. -REALLY COOL NEW BUILDING. Where there is a cafe with 50% off some stuff and free haircuts and a nice pond. And then they kicked everyone except sales over to the boring old office that you of course don't see on the shiny social media posts. Don't advertise those as reasons to come work for lower if only half of the team is able to take advantage of them.

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Lower Response
4y
Thanks for taking the time to leave a review. We would love for everyone to be at one office, but available space has limited this. With that said, we would love to help make your experience better at your current office. Please reach out to us about this and your other concerns so we can help address - HR@lower.com.

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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