3.0
22 Jan 2011
Anonymous employee
Former employee
Vancouver, WA
Recommend
CEO approval
Business outlook
Pros
There is considerable freedom available in terms of when and where you perform your work. The company, at certain levels, is trying to stay on top of - if not actually ahead of - a wide variety of changes underway in the industry. There is a surprising amount of transparency in how the company is hedging its rate-locks and how that works for/against certain common practices by loan originators.
Cons
Many jobs are heavily, if not entirely, commission based. This can be very rough especially right now in this industry. Even as a full-time, W2 employee there are very limited (and expensive) benefits available to employees. An inordinate amount of overhead costs is borne by individual employees if they are working on a commission basis.