Falsely Represented volume - Loan Processor Quontic Bank Employee Review

1.0
13 Oct 2022
Recommend
CEO approval
Business outlook

Pros

Contribute towards ins coverage for employee only

Cons

This company recruited me from another company where I was a top earner. They falsely stated the volume I would get and/or have the potential to close and bonus potential. They only assigned like 2-3 files a month to me when they promised I could close 20-30 files a month. It was a farce. They assigned files to people based on their ethnicity stating that people in New York that are Greek, or Asian, East Asian or Hispanic prefer to work with processors of the same ethnicity. This was a very discriminatory practice. When loan officers would request me as a processor (giving me an opportunity to work more files it was refused. I have worked with all types of customers in all back grounds and no issues. It was a very closed minded and bigoted approach.

Explore other reviews about Quontic Bank

5.0
16 Sept 2025
Recommend
CEO approval
Business outlook

Pros

When Great pay, work-home balance .Steve Schnall was an excellent leader

Cons

Some individuals on the management team, showed favoritism.

5.0
13 Sept 2025
Recommend
CEO approval
Business outlook

Pros

Good rates and good pay. Lots of different programs and they do in house DSCR ZZB BF

Cons

None really that I can think of

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