Lower reviews

3.6

58% would recommend to a friend

(684 total reviews)
avatar

Dan Snyder

73% approve of CEO

60% positive business outlook

Lower has an employee rating of 3.6 out of 5 stars, based on 684 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lower employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

684 reviews
1.0
Oct 4, 2022

Dumpster Fire

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None to speak of these days. All the “pros” of the company have been fired or driven out. Oh wait there’s a barber shop! So if you’re shipping out tomorrow you’re in the right place.

Cons

Just read the reviews. Not a lie has been told. With the exception of the contrived responses from HR. I think one of the HR reps tasked with responding has since been fired (LOL) Favoritism to an extreme here - you might notice some very fishy trends. Last thing worth mentioning that hasn’t already been said. This company is probably never going public but they want you to believe it just long enough that the two talking heads (you know) can make their fat paycheck when they make their exit. It was never about the people/optimizing home ownership. It was always about pumping it up for a rug pull on the people whose backs it was built off of. They’re not even clever enough to hide it, if you just listen to what they have said you’ll hear exactly what’s happening.

1.0
Oct 2, 2022
Recommend
CEO approval
Business Outlook

Pros

None. Typically would say co-workers but 90% of the company has been laid off so no longer applicable.

Cons

I am one of the lucky ones that was able to keep my job but still felt compelled to write this based on how poorly this company is ran. - Let's start at the top of the company because that is where culture is made. The CEO and President of the company are great examples of terrible leaders. They were so excited to jump on Friday morning meetings during the refi boom to announce we were breaking records (it was the refi boom...every mortgage company was) but as soon as times got tough they both went M.I.A. Instead of being transparent about the market and soon to come layoffs they put I.T. on the meetings to ramble about nothing. - They lack the ability to see further than 1 month ahead. They made huge business decisions based on the refi boom such as over hiring and spending a lot of money on a stadium name that the majority of Ohio does not care about. For someone that has been in the business since 2008 you would think they could see a bit further into market cycles. - A lot of the employee's are new to the mortgage industry which led to a lot of miscommunication between sales and ops. Both sales and ops were extremely hard working, smart groups but due to lack of training, resources, and experience we'd often blame the other party which was counterproductive. - Before all manager's were cut down a position they were not good manager's to begin with. Most if not all were put there due to their sales performance or how long they've been there, not management skills. - Frat culture with an HR team that ignores very serious allegations and actions by direct manager's. - CEO openly mocked other mortgage companies making layoffs while doing them on the side and claiming we were growing. Business is business but people respect transparency, don't try to hide the facts behind free food, alcohol, and company events. - Cares more about how they look online than how people feel inside the building. If you're ever considering working here please turn around and find somewhere that will value your talent and work!

1.0
Sep 8, 2022

Go work somewhere else

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-I met cool friends, but I suppose you can do that anywhere? -They will give you random alcohol when you’re miserable

Cons

Feels like there is no organization or structure to management. They don’t listen to you and if you address real problems you’re being negative and then get picked for a random layoff every 2-4 weeks even when the person sitting next to you has zero experience. Being told you’re “safe” during each layoff. Being told that any other big bank is a better place to work at as motivation to stay? That was weird…. Being told to keep working loans that are impossible or seemingly …. Um… from people that are not “entirely truthful “? (How do I say this nicely…) Weird Friday zoom meetings about parties and sales, wasting your time and telling you how great things are when they are clearly not. If you’re a “growing company” then why keep laying people off and making awkward excuses? See other comments about the CEO sending out another survey because the first one was too negative AKA honest No plan for employees taking PTO Too much Kool Aid- take me to Jonestown instead!

Viewing 31 - 33 of 684 Reviews

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