Lower reviews

3.6

58% would recommend to a friend

(684 total reviews)
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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
2.0
May 5, 2022
Recommend
CEO approval
Business Outlook

Pros

-Meet great people -Good training and great job to get a foot in the door -cool office (if you get lucky) and nice barber shop / food hall

Cons

-Upper management seems out of touch with reality -Job security is non-existent -Constant pressure from management to meet often unrealistic quotas make one mistake and you will be in fear for your job because of the constant mass firings -Work-life balance is poor and bonuses are constantly changing, often very difficult to meet draw as an LO -SDRs are pushed to transfer clients at any cost to buff their numbers, this then results in LOs wasting time with unqualified clients or people who don't even want to speak to us -Terrible Benefits -Essentially a glorified call center

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Lower Response
3y
We appreciate your feedback. Our training team is exceptional! Whether it’s new college grads with no mortgage experience or seasoned mortgage professionals, our team provides all of the training necessary for our teams to succeed. The industry has had it’s challenges this year and our teams are working hard to ensure that we are updating processes and procedures to adapt. We wish you the best!
2.0
Feb 16, 2022
Recommend
CEO approval
Business Outlook

Pros

Fun building! The building is awesome and the food and the people are great! I made good friends and enjoyed my time away from the desk. I actually enjoyed the work, too! The unbearable competition for work that isn’t even quantifiable was ridiculous, though.

Cons

The management is very, very bad. They all come across as your homie at first but if you aren’t pumping out top 3 numbers then you’re crapped on consistently. They honestly completely lied in the interview about it not being a competitive job. It’s literally all about numbers and if you don’t hit the mark they want… you are basically out of the clique, which makes it an extremely volatile workplace with severe partiality toward employees. The management absolutely does not care about you if you are not a top 3 performer and they treat you as such…. The turnaround is also wild. While I was there, they hired a dozen people every month—so yeah that looks great for a growing company—but then they would turn around and fire 4-5 people out of the blue with no warning. It didn’t get any better after I left. I have good relationships with many people who still work there and they agree it’s a terrible work environment but they suck it up because they do pay well. I’ll end here—the environment is bad mostly because of the management. It’s extremely poor. The favoritism and promoting “friends” is completely unethical, too. They also force overtime work, occasionally.

1.0
Jan 24, 2022

Experience

Recommend
CEO approval
Business Outlook

Pros

Quickly growing, fast paced, ambitious

Cons

Lack of experienced leaders and management, lacks stability, misleading/lack transparency

Viewing 85 - 87 of 684 Reviews

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