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      Flagstar Bank

      Is this your company?

      Flagstar Bank reviews

      2.8

      29% would recommend to a friend

      (974 total reviews)
      avatar

      Alessandro P. DiNello

      36% approve of CEO

      21% positive business outlook

      Ratings by demographic groups

      Flagstar Bank has an employee rating of 2.8 out of 5 stars, based on 974 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Flagstar Bank employee rating is 25% below average for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      974 reviews
      3.0
      Sep 29, 2014

      I learned the difference between wholesale mortgage banking and retail mortgage banking

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      i was exposed to a lot of avenues to originate loans with real estate agents and I learned a lot of ways to originate loans from cold calls.

      Cons

      I was told when I was hired that Flagstar sent loans to other banks for service if they didn't have a program available for a customer but found out this was untrue...also at the time of my employment processing was very slow...may have improved by now...

      3.0
      Sep 23, 2014

      Things are improving

      Business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Senior level management is trying to make improvements. Things have been quite unstable for last several years, but it feels like things are looking up.

      Cons

      Mid level management has been around too long. No matter how much senior management tries to make improvements, mid level managers are stubborn and unwilling to change. Most managers at that level are only in their position because of seniority. They lack the skills needed to mentor their employees. We basically just do what we are told, so there is really no opportunity to shine and that is sad as there are a lot of brilliant minds at Flagstar. If only their voices were being heard.

      2.0
      Sep 20, 2014

      A company with out a clue on what it wants to do.

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Centrally located and a great place if you want to just show up and don't care about a career

      Cons

      It is pretty much still trying to find a way to diversify away from being a mortgage company but is about 8-10 years too late.

      Viewing 850 - 852 of 974 Reviews
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      ReviewsFlagstar Bank reviews

      Glassdoor has 1,069 Flagstar Bank reviews submitted anonymously by Flagstar Bank employees. Read employee reviews and ratings on Glassdoor to decide if Flagstar Bank is right for you.