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Veterans United Home Loans

Engaged Employer

Veterans United Home Loans reviews

4.3

83% would recommend to a friend

(1,037 total reviews)
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Nate Long

89% approve of CEO

75% positive business outlook

Veterans United Home Loans has an employee rating of 4.3 out of 5 stars, based on 1,037 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Veterans United Home Loans employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

1K reviews
1.0
Jun 25, 2019
Recommend
CEO approval
Business Outlook

Pros

Pay. Casual dress. Free soda machine.

Cons

They are no different than anywhere else except the work is much more stressful and it follows you home. Managers promote friends and don't tell the higher ups what is really going on. So the higher ups think everything is good while the workers LITERALLY cry at their desks. This is not an isolated occurrence. LOTS of people openly cry at their desks from stress. Very inconsistent rules on how to do your job. One day you could do X and be fine. The next day you do X and somebody different says thats totally wrong and won't accept it. They constantly state they aren't concerned about growth, but they are constantly hiring more Loan Officers, but not support staff to go with it. There is no room to grow. They want entry level jobs to be careers so you will do the same thing for 20 years and never get promoted. They SCREAM work/life balance is important, and then give you 60 hours of work and innocently wonder why it isn't done in 40. I literally had to negotiate with my manager about hours of overtime needed when the higher ups DIDN'T CARE. But guess what he got bonused on? That's right, in order to get a bigger bonus, my manager would not let me do my full job which just leads to more stress because then I get in trouble with other people who were counting on me to do my job. Their values/mission statement sound great, they just don't actually mean anything. They pay great because they HAVE to. Save yourself the mental anguish. The managers are inexperienced and do not have the guts or knowledge to resolve conflicts. Bandaids for bullet holes. Just look at their social media. Their charitable foundation does do good things. But if you look, they do not do anything without it also being a photo op. If you think, like everyone else, that "I can handle a bad job if the pay is good enough." just don't. The only reason turnover isn't higher than it already is, is because people feel trapped. Do not trap yourself with Veterans United Home Loans. Oh, also while employed I used them to purchase and later refinance my own home. They took so long doing it and messed it up so much, they had to give me like $600 in credit to stay in compliance. And on the purchase, the manager that worked on it had my cash to close estimate wrong by around $3,000. Yep, managers do not know the jobs they manage.

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Veterans United Home Loans Response
7y
You have brought up a number of issues that are very concerning, but do not align with the 95% of our employees who have said Veterans United is a great place to work. Our intention is to explore the experiences you have shared with us, as we are always wanting to ensure that we support our employees and the culture of our company, but we regret that you seem to have experienced what most don’t. As you mentioned, we do have a strict set of values on which we base our mission. We are proud of how our employees live out our values each day, even if you personally didn’t experience it fully. We agree with you that our Foundation does good things, and we are also glad that you have seen some of the stories we have shared to highlight this impact we have on so many communities. While almost all of the partnerships, individuals and organizations we support are not mentioned visibly, the ones that are help to keep our employees engaged in the mission of THEIR Foundation and proud of the lives they help to enhance. We will take your advice to management seriously and check in with individual contributors, knowing we are in the height of our busy season and stress is at its peak of the year. With stress comes emotions, and with emotions comes the support we hope to give our employees who give so much to put Veterans into homes. Thank you for helping us make sure they get the support they need while they do the jobs they love. We wish you the best in your future career aspirations and hope you can find a better fit for your personal values and needs.
1.0
Sep 1, 2015
Recommend
CEO approval
Business Outlook

Pros

Free vending machines and a fresh fruit, a Christmas party that is insane, Field Day, VU foundation and the stories that are produced

Cons

Raises are on average 1.5%, thick middle management layer with slim to no experience, expensive health benefits, promotions seem to be based on how and who you spend your free time with instead of the value you deliver for the business.

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Veterans United Home Loans Response
10y
Thank you so much for your feedback. We are grateful you took the time to discuss what you loved and what you may not have enjoyed as much while working at Veterans United. As you stated in your Pros, we are very passionate about having a unique and fun culture. We do also love to give back to the community through the Veterans United Foundation. Both are important cornerstones in our company. We’re sorry to hear you were unhappy with certain company policies and we take each review seriously. As a company, Veterans United holds all management to the highest standards when it comes to ethics and work practices. We offer numerous training and development opportunities for all our employees in each division in order to better train them for their positions. As you mentioned we do have a strict set of values on which we base our mission. We will continue to ensure our values are taken seriously at all levels and are not just words on a piece of paper. We are proud of how our employees live out our values each day and are also motivated by the opportunities we have to do even more work on living by our own high standards. We are honestly grateful for your recommendations.
2.0
Dec 7, 2023

No longer a Great Place to Work

Recommend
CEO approval
Business Outlook

Pros

Generally flexible for time off (depends on who your manager is) Good teammates

Cons

Policies and standards are not across the board. One manager may have you clock out for volunteering and use hours from your pto but another may allow you to just stay clocked in with a note. This is just onr easy to explain example. Delegates work to departments it doesn't belong to. Call reviewing is a great example. That is not something LCs should be doing. We should be focusing on our files not doing something management, human resources, or the experience team should be doing. Especially if they want to utilize it for discipline or feedback for other workers. It's wrong and poorly managed delegation of work. LCs didn't take positions to listen to calls and review them. Loans while may be down, credit scores we accept have lowered, other delays in 3rd party orders needed to close loans are not able to be order for money Saving purposes and to keep borrowers with us. Making lcs have more and more to follow up on. Loans are harder to close. Need more documentation. Processes are delaying our ability to obtained. Yet we are heavily scrutinised and our metrics haven't changed. You added a measly extra $25 per loan closed. You haven't increased our pay for cost of living inflation and its definitely inflated. No 401k drops. No bonuses.

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Veterans United Home Loans Response
2y
We’re sorry to hear you’ve grown unhappy with programs and initiatives that have been brought to your department this year, and we take your feedback seriously. As a company, Veterans United holds all management to the highest standards when it comes to work practices and sometimes, that looks different from team to team. We empower our leaders to make decisions that feel right for their team. While change is common at VU, we are always reevaluating our processes to make sure we can provide the best possible experience to our Veterans. Our strategy is our culture and the people are what make our culture so great. We strongly encourage you to reach out to your leader, a member of the culture team or your HR business partner to talk through your cons and advice to management. We want to work together to make your time at VU a better one. Thanks for sharing your feedback!
Viewing 7 - 9 of 1,037 Reviews

Glassdoor has 1,181 Veterans United Home Loans reviews submitted anonymously by Veterans United Home Loans employees. Read employee reviews and ratings on Glassdoor to decide if Veterans United Home Loans is right for you.