Lower is still a fairly new company so there is a lot of trial and error, which is understandable. I feel that a lot of the times upper management would try and reinvent the wheel, which to me is not necessary. I think Lower needs to stick to the basics, and learn how to keep their current, top producers happy. Some of the cons I experienced while working at Lower consist of:
1. Being undervalued as a top producer in the company and for the region I was under. This is due to the amount of favoritism upper management expresses toward only certain individuals.
2. The goal post is constantly moved. When you are able to hit a goal for a pay raise or promotion, the goal post moves. This happened to me more than once.
3. If you are offered any sort of “spot bonus” based on performance - there is no written documentation provided to make that “spot bonus” valid. I learned this the hard way when I had to basically beg for a bonus that I earned.
4. Upper management does not sell so they are out of touch when it comes to sales skills and what the loan officers are dealing with. There are no meaningful trainings to improve your skills and management seems to be going through the motions because they have to.
5. Very difficult to feel inspired because a lot of time is wasted on un-meaningful trainings and meetings.
6. Upper management gives you what you deserve as soon as you resign.
7. Realistically not a company you stay at long term if you want to level up in the mortgage industry. More of a starter company, good place to learn the basics of the industry.
