Lower standards lower.com - Loan Processor Lower Employee Review

Although i was likely under qualified for a regular mortgage job, that was not the case here— no one at this company is qualified to do what they are doing. Management has no idea how to execute daily tasks and it’s a fend for yourself environment that has been created as a result. There’s no need to tell you in this review about how bad the company is, because the previous 50 already nail that (gonna do it anyways). The sales pay structure is a mess, I’ve watched it drive out plenty of driven salespeople as it prevents any real money from being made (also the amount of deals that actually close are minuscule to the amount of applications taken daily). The company has no respect for its operations department. The culture here is sell the loan and have some keyboard warrior take care of it (minimal sales help on the backend when they are the person building the relationship/SELLING THE LOAN). Keep in mind everyone dealing with the backend is extremely under educated and it only creates further issues as the loans are already a basket case themselves. As every review shows, this a company LOVES a mass layoff. The original plan was for the CEO “to make as much money as possible” achieved through massive upscaling at the beginning of Covid to massive layoffs (entire departments at a time, up to 100+ people in one day) by the end of it. They received 100m in funding just to put their name on a MLS stadium and give no money to the workers that were already underpaid and overworked. The upper management here is selfish and does not truly care about the employees, just how fat their commission check is on the loans you sell. Always so funny to me how lower bashed better.com when they had mass layoffs just for them to do it in a not much better fashion. S/O the RVP for pulling an entire floor together to tell them they are safe and the people fired (over 40) deserved it. Really good messages being sent to the employee here.