Low Life at Lower - Loan Advisor Lower Employee Review

Honestly I just think the president and CEO knew the industry well enough to be successful, but just aren’t truly capable of making smart business decisions. The only prudent decision they made was the mass layoff to avoid completely going under, which I had to believe was forced on them (they did make sure to make it seem like it was termination based on performance, but hard to believe >75% of your workforce, some of which may have just gotten performance-based awards, are truly terrible employees). There’s definitely a lot of sunk costs they are dealing with (stadium, salary of on-site barber, lease for a lavish building that they have almost nobody in) that I can’t see them really having the ability to rebound from anytime soon. You never see or hear a single advertisement as outside of the likely very expensive stadium naming rights the only real marketing they do is pushing employees to reach out to friends and family/social media (the ole pyramid scheme method). It always had a feel of a company that was trying to be bigger then it was and the shortcomings were always pushed on the lower level employees. (Blaming employees for the fact that 1 in every 25 leads that they push you to take might be semi-qualified to purchase a home). Really the only survivors were the ones who were established in the industry and have since moved on/are in the process of moving on or the people who were willing to work in a very grey area (there are plenty of advisors that will pre-approve people they have no business pre-approving, which results in a lot of stress for all parties involved when a week before closing you’re short 10k+ on funds and other similar issues). I was relieved when I finally got let go and would advise anyone considering this company to reconsider. There are some five star reviews, but from working there I know just how many of this company’s 5-star customer reviews aren’t actually from customers at all.