Pros
Great company brand and company benefits. PNC promotes the PNC brand constantly. They roll over on any conflict. The main focus is customer happiness. They are a big ship, and they refuse to update systems and processes quickly. This cost to profits/shareholders is HUGE. They are WAY behind other companies that adapt to the marketplace more quickly in the mortgage industry. NO Electronic documents :( !!! CEO motto: make the customer Happy at all costs. If you make a 100 million we will take it. Who cares that you could of made 250 million. The customer/brand is ALWAYS right.
Cons
Ability to do business and close mortgage loans. Pay-They say you are getting a salary, it is a draw. Basis points for loan production are low. I SAID LOWWWW. 40 bps against a 2k draw. You need 500k each month to bust your draw!!! They will always give a client .50bps to get a deal, but they will NOT give that same .50bps to the loan officers. If they paid salary plus good basis points Pay would be good and loan officers would be happy. They need to focus on having loan officers just selling loans, WAY too much admin. work for a good salesperson.