Loan Officer - Mortgage Loan Officer CashCall Employee Review

2.0
1 May 2017
Recommend
CEO approval
Business outlook

Pros

They pay for your licensing if you don't already have one and offer full Training in classroom like conditions which is awesome. A Big Fat Carrot is hung in front of everyone and in reality, you can make the money for real but..... (see cons)

Cons

like everyone else here says and is so very true, they hire in mass (I came in with 130 new agents at the same time) but 2 months later I was layed off with over 400 employees which included not only everyone that had under 6 months on the job but many many were long lived agents which blows my mind because "They Produced"!!!!! I was closing 8 loans a week myself but some of these others were doing far more than that. In terms of mortgage lending, you get paid pennies ($250-$400 per loan) however, that's made up because they advertise and feed you these many of which are prequalified daily so no door to door grind. I also worked 70+ hours a week and the company allows you a max of 50 hours total which simply means, you clock out after 10 hours max each day and don't report any over time hours that you must do in order to make high sales. I personally had no problem with this because I was in it for closing deals and not an hourly paycheck but never the less, even closing as many deals as I did I was still let go like everyone else.

Explore other reviews about CashCall

5.0
5 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Sky’s the limit most of the time

Cons

Long hours and weekends to succeed

1.0
20 Nov 2025
Recommend
CEO approval
Business outlook

Pros

the company was corrupt and just didn't care about their employees. It was unfortunate.

Cons

everything was absolutely terrible, it just was.

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