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
1.0
Jul 6, 2022
Recommend
CEO approval
Business Outlook

Pros

Everyone's mentioned it--the people you work with day-to-day are incredible. You'll make friends easily and many of them outlast your brief career at Lower. Often times, some become your coworkers in a new career and instead of constantly commiserating about "Life @ Lower," you will establish a positive, supportive network together.

Cons

Most reviewers have written extensively on the topic, so just scroll through reviews dating back at least a year--I don't feel the need to add much. My advice is, particularly if you're new to the industry and are willing to ignore red flags, try to survive 6-12 months to gain some experience, then move on to better things. It's not a matter of interest rate hikes--it's a matter of longevity that this company simply cannot offer.

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Lower Response
3y
Thank you for feedback. We are sorry to hear that your experiences while at Lower did not match our goal of being a best place to work. With regards to offering longevity for our employees, many of team members have been with Lower.com since the brand launched in 2018. We strive to offer all of our employees the opportunity and tools they need for growth and stability. We wish you the best in your career!
1.0
Apr 13, 2022

Needs Improvement...

Recommend
CEO approval
Business Outlook

Pros

Mismanaged direction for growth here...

Cons

mismanagement of direction for growth. managers are placed in high level positions & clearly shouldn't be in those positions. the managers say one thing & go behind your back in the next moment. micro management is unbelievable!!! they don't trust that the employees are all adults & can work independently. managers say they assist you, but they don't have the answers. you suggest something & they take your idea & run with it. they don't give props to the person who suggested it. they say they want employee input, yet they don't do anything to help the situation. they don't live by their core values. i know we're in an at-will state, but c'mon, give us some warning before you fire us.

1.0
Apr 11, 2022
Recommend
CEO approval
Business Outlook

Pros

Only the people that you meet that you work with day in and day out

Cons

Partners/owners in the company have zero clue of what is actually going on in the company. Mass layoffs over and over in the operations departments. We were all hired with this promise you will be in the LC position, trained in that position very short time and move up to processor with a nice fat raise in a very short time! In a years time there have been 5 mass layoffs with no rhyme or reason. The "party" celebration award ceremony Dan Snyder stated Lower was hiring 1800 new employees this next year and 3000 in the next years. Where are these people? You cannot run a mortgage company on just sales and IT people. Who will do the processing of these loans and processing and underwriting. laying off the LC, LP, UW, DD and closers? Be aware consumers your private information is now going overseas. Lower.com is outsourcing your private information to overseas companies without you knowing it. All the things out there about Lower being great! They are all forced upon the employees to complete. Employees are "encouraged" to complete glassdoor reviews, when other reviews they are encouraging us to complete them to those of us they are "randomly" sent to our work emails of those of us that are chosen. Those people that are in power HR, VP's and such the "untouchables" are all friends and buddies at Lower and will never be laid off or in fear for their jobs. They have gotten to follow Dan from place to place.

Viewing 10 - 12 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.