Lower comes across as fun and laidback, but it’s poor management and severe partiality is disgusting - Anonymous employee Lower Employee Review

2.0
Feb 16, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fun building! The building is awesome and the food and the people are great! I made good friends and enjoyed my time away from the desk. I actually enjoyed the work, too! The unbearable competition for work that isn’t even quantifiable was ridiculous, though.

Cons

The management is very, very bad. They all come across as your homie at first but if you aren’t pumping out top 3 numbers then you’re crapped on consistently. They honestly completely lied in the interview about it not being a competitive job. It’s literally all about numbers and if you don’t hit the mark they want… you are basically out of the clique, which makes it an extremely volatile workplace with severe partiality toward employees. The management absolutely does not care about you if you are not a top 3 performer and they treat you as such…. The turnaround is also wild. While I was there, they hired a dozen people every month—so yeah that looks great for a growing company—but then they would turn around and fire 4-5 people out of the blue with no warning. It didn’t get any better after I left. I have good relationships with many people who still work there and they agree it’s a terrible work environment but they suck it up because they do pay well. I’ll end here—the environment is bad mostly because of the management. It’s extremely poor. The favoritism and promoting “friends” is completely unethical, too. They also force overtime work, occasionally.

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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