Overhyped, high stress, terrible place to work - Senior Loan Coordinator UMortgage Employee Review

1.0
2 Aug 2024
Recommend
CEO approval
Business outlook

Pros

Overtime is always a must

Cons

Doesnt matter what you do, you will always be in the wrong. The threat of being fired is common language to management. Quite litterally happens in every team meeting. Will literally go weeks without speaking to management, then wake up to a email with a giant list of everything you have done wrong in the past month plus. Management doesnt take well to their own critisism even though they asked for it. Will most likely get you written up. Overtime is expected and if you try and get out of it you are guilt tripped into doing it anyways. Weekend work is required but you are only allowed to be clocked in while working on a file. Even though you are expected to respond to emails within 30 mins over the weekend. So instead of 2 whole days of overtime you are given 3-4 hours total as they dont feel working in your email and responding is considered work time on the weekend. Processors have 40-50 files plus and are drowning at all times in work. Notice that there have been a mass exodus of Both Loan officers and operational employees alike. This job will affect your mental health and home life as you wont have one. Umortgage has a high turnover rate with operational employees for a reason. ETC........... In conclusion. Dont work here,

Explore other reviews about UMortgage

5.0
31 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Being surrounded by great Loan Officers really helps you grow. There is always something to learn and operations/loan officers are always willing to help.

Cons

Slightly unstructured but thats expected with a fast growing company

1
1.0
11 Jun 2026
Recommend
CEO approval
Business outlook

Pros

zero pros. be thankful you do not work there. all the negative reviews on the company are true!!! RUN!!

Cons

everything you read on reddit is true about the company and the CEO. the CEO and senior management use the "sink or swim" mentality because they themselves don't know to properly manage people. there is also zero HR and the only time HR seems to exist is when they want to fire someone for no reason because they'd rather have high turnover than attempt to run like a true business. the CEO also uses their brother to do all their dirty work. avoid that man like the plague because he will pretend to be nice to you then have you fired in a blink of an eye. this company also uses your salary against you. they expect you to work outside of normal working hours and if you try to have a life outside of work, they remind you that you're paid X amount so they're allowed to treat you however they want. UMortgage is the definition of a toxic work environment.

See reviews by: Helpful|Rating|Date|All