People over profit - Loan Processor Open Mortgage Employee Review

1.0
3 Aug 2022
Recommend
CEO approval
Business outlook

Pros

Leaders are the reason to stay

Cons

Owners don’t walk the talk

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Open Mortgage Response
3y
Thank you for your feedback. People over profit means that Open doesn't put profit above all else. People over profit does not mean that the company must operate at no profit; the company has an obligation to customers, business partners, and employees to make difficult decisions to ensure the ongoing success of the business. Unfortunately, rising interest rates and a slowing housing market have resulted in staff reductions at nearly all mortgage companies nationwide. We have not been immune to those challenges. If you would like to provide additional information on what you feel is not positive about Open Mortgage, we encourage you to contact HR to discuss your feedback anytime. We wish you the best and appreciate all you did as part of the Open Mortgage team.

Explore other reviews about Open Mortgage

5.0
5 Jul 2023
Recommend
CEO approval
Business outlook

Pros

Awesome work environment, and great teamwork

Cons

Nothing, this job is the best

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Open Mortgage Response
2y
Well, what can we say? We are loving you back! Thank you for taking the time to share the love on our work environment and teamwork!
3.0
5 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Inter-departmental Communication Product innovation Positive Guidelines updates

Cons

Underwriting disconnects with guides Scenario Desk misquotes Constant need for manual work-arounds due to tech glitches. Highly inconsistent pricing.

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