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      Lower

      Engaged Employer

      Lower reviews

      3.6

      58% would recommend to a friend

      (684 total reviews)
      avatar

      Dan Snyder

      73% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      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
      Jan 7, 2024

      Run

      Loan originator intern
      Recommend
      CEO approval
      Business Outlook

      Pros

      There really is not many

      Cons

      It was truly a waste of my time

      avatar
      Lower Response
      2y
      We strive to provide a meaningful and enriching internship experience for all our interns, and it is disheartening to learn that we fell short in your case. Internships are a great way to get into a field or role and find out what you like and dislike. We start our interns in the same role that all unlicensed sales employees start in to develop the necessary skills that will be needed when one goes into sales. We hope that one day you find something that you had learned at Lower useful. We wish you much success in your future endeavor.
      2.0
      Jan 1, 2024

      Review

      Mortgage processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good people. Smaller company feel.

      Cons

      Systems cumbersome. Underwriting over conditions files. Very conservative underwriting on income and too many redundant and "feel good" conditions. Can't get any help outside of 9-5 from departments. Most other places I have worked things can get done after regular business hours.

      avatar
      Lower Response
      2y
      Thank you for taking the time to leave a review. We are happy to hear you enjoy the people you work with as Lower takes a lot of pride in our staff and company culture! We understand that there can be frustrations when a file has conditions that you may not agree with, but our underwriting team does an extensive job so that there are less likely issues to occur before closing and ensure that the loan is attainable and in the best interest for the borrower. There are also many cases where we have staff rushing closings to help a borrower at 6, 7, or even 8p at night. However, we do also want our employees to have a work/life balance and we cannot have that if the expectation was that employees needed to be reachable at all hours of the day. If you have other suggestions, we encourage you to reach out to our HR team.
      2.0
      Dec 13, 2023

      Tough Commission

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Culture, atmosphere, leadership, fun, flexible

      Cons

      low pay, a lot of layoffs, too much fun not enough working

      avatar
      Lower Response
      2y
      Thank you for taking the time to leave a review. We pride ourselves on being a place where our employees enjoy coming to work because they love the people they work with! 2023 was a tough year for many companies and Lower is grateful that we did not do a lot of layoffs like you mentioned. In fact, we are continuing to watch our company grow as we just went through an acquisition of Thrive Mortgage.
      Viewing 76 - 78 of 684 Reviews
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      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.