Terrible Work Environment - Loan Processor UMortgage Employee Review

1.0
17 Mar 2025
Recommend
CEO approval
Business outlook

Pros

Decent salary compared to a few other companies offering a loan processor position.

Cons

You live in fear of being fired everyday. They make that pretty clear. And there are certain higher ups that you're made to be scared of. They want people who will do as they say without ever standing up for themselves. They will throw a tantrum or try to get you fired if you do something they don't like, even if that thing is just you doing your job. The work environment is terrible, you're expected to work 9-10ish hours a day. Taking a full lunch break is not an option. You're encouraged to go along with mortgage fraud (especially if you work with UMortgage Springfield, which I believe is called UMortgage Local now). Lastly, they're all fake, they try to create a family environment but family doesn't fire you and when you ask why, tell you they'd discuss it with you over email, just to be completely ghosted AND refused payment for money earned from closing loans.

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
31 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

None that I can think of.

Cons

I don't know where to begin. Senior management is a disaster. The only qualification required to become a VP here is being related to or friends with the CEO. Actual industry experience and competence are completely disregarded. Fear tactics, humiliation, and bullying are the preferred methods of leadership — and they are tolerated because the people doing it cannot be fired. Work-life balance does not exist here. You will be expected to stay late and work outside your hours without question, and operations staff are expected to drop everything at a moment's notice without so much as a thank you. The favoritism is a glaring, systemic problem. Employees who cost the company significant amounts of money were promoted. Meanwhile, countless others were fired or "laid off" without warning and without a real reason. Their entire operations staff is a revolving door — the turnover rate alone should tell you everything. Operations staff are thrown into the deep end with virtually no training and then blamed when things go wrong, while leadership's actual failures go completely unexamined. Unless, of course, you're one of the favorites. Then the rules simply do not apply to you. Please thoroughly research the professional and personal backgrounds of anyone you would be reporting to here, including the CEO and his relatives. Public records are free. Use them.

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