Pros
-Work environment is friendly -guarantees you will make 40k minimum -My supervisor is fantastic to work with- possibly the best boss I have ever had -We get maternity leave of 8 weeks at 60% pay
Cons
-High stress, high anxiety, I have gone home sobbing on more than one occasion -Our branch is selling products I do not believe fully in, I'd like to be more morally aligned with the products I sell -You have to work HARD for this money- and it is NOT good pay. About 50 bps per loan. Most all other popular lenders make well above this. -40k is not enough to live off of, I struggle to pay my bills more often than not, and the anxiety I face daily is almost not worth the quarterly commission -There is very little transparency here, communication on product terms and within sales and ops is horrendous. If your processor doesn't like working with you, that loan will probably not close. -401k match ONLY APPLIES if you have been here for over 5 years, otherwise you lose this. It is also incredibly minimal, .25% of the first 3%. -You will close maybe 1/4 of the loans you actually sell, and you have to maintain contact with the consumer throughout the process- it is essentially on you to hold their hands throughout the entire venture (ie in sales, you will be doing a majority of back end work on top of your normal duties, isn't that fun?) -all of our in-office sales incentives are completely gendered. We have had running quarterly contests to win MENS WATCHES and GOLF OUTINGS. Get out of here. -Mandatory 1 hour lunch. I hate this. I'd rather work through and go home earlier.
