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
3.0
Apr 16, 2020
Recommend
CEO approval
Business Outlook

Pros

They do a good job teaching how to sell a beneficial loan and understand the basics of originating a mortgage. I really liked my direct manager.

Cons

Once you have a foundation of knowledge they don't have good resources to continue expanding your knowledge. Very limited on products you can sell. Not competitive on rates and fees, like at all - they are not LOWER than anyone. They change your compensation agreement constantly, which is my biggest negative. 401k and benefits are very weak. Technology is also not very good. Turn times, processing and underwriting are not the best. Usually your loans take 45 days to close.

avatar
Lower Response
6y
As mentioned we have a robust training program to teach our team members selling techniques and mortgage knowledge. For most of our new team members this is their first position in the mortgage industry and having that foundation of knowledge is our top priority. In our sales training's we focus on the entire picture, not just selling the lowest rate, but understanding a borrowers financial situation to put them in the best position possible. Once comfortable in the role the training goes from daily to once a week. The weekly training's for our Senior Loan Advisor's focuses more on sharing best practices, changes in programs and fine tuning selling techniques. In addition to our general training, we provide Leadership Training for our AVP staff and hosted a Leadership Development Speaker Series to further personal and professional growth. To stay competitive with changes in the industry we do occasionally need to adjust compensation. We make these changes in order to provide better products to our borrowers and more opportunities to our staff which results in more business for our Loan Advisor's. These changes are not taken lightly or made frequently, they are made only when we see a unique opportunity to provide more business to our team members. If you had any questions on how it benefited you, I would have encouraged you to speak with your manager about the change to clear up any misconceptions.
5.0
Mar 30, 2020

Great people/company

Recommend
CEO approval
Business Outlook

Pros

Great environment and the people are even better

Cons

not many cons to choose from

avatar
Lower Response
6y
Thanks for the feedback!
5.0
Feb 19, 2020

Changed My Life

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lower has given me the opportunity to accomplish goals I would have never thought possible. Between its professional atmosphere, to its fun-loving employees, Lower has been by far the best company I have ever had the pleasure of working for. Fair, determined & progressive would be just a few of the words I'd use to describe this company. If you are looking for a chance to learn from the best, there is no better spot than Lower!

Cons

None. I legitimately love working here.

Viewing 604 - 606 of 684 Reviews

Glassdoor has 719 Lower reviews submitted anonymously by Lower employees. Read employee reviews and ratings on Glassdoor to decide if Lower is right for you.