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      PrimeLending

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      PrimeLending Reviews

      4.0

      81% would recommend to a friend

      (292 total reviews)

      Todd Salmans

      87% approve of CEO

      58% positive business outlook

      Ratings by category

      4.3

      Culture and values

      4.3

      Diversity and inclusion

      4.2

      Work/Life balance

      4.0

      Senior management

      3.8

      Compensation and benefits

      3.8

      Career opportunities

      PrimeLending has an employee rating of 4.0 out of 5 stars, based on 292 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PrimeLending employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

      Reviews by job title

      292 reviews
      2.0
      20 Oct 2017

      Management is the Issue

      Assistant vice president
      Recommend
      CEO approval
      Business outlook

      Pros

      I worked in the corporate office for about a year and reported directly to a SVP. The individual contributors at Prime are really the heart of the company.

      Cons

      Middle management lacks proper mortgage experience and leans on micro-management as a result. Their pay is towards the bottom of a bell curve when you take the current market conditions into account. Management are slaves to the 9-5 mentality and view flexible working conditions as a plague.

      1.0
      23 Mar 2015

      Loan Officer

      Loan officer
      Recommend
      CEO approval
      Business outlook

      Pros

      Nice offices? Could lend in other states, which would have been nice, but it was difficult closing loans within the state, so the thought of closing out of the state was not practical. Signing bonus. The float down was a great feature.

      Cons

      NO support for LO, processing was slow and careless, loan conditions were long with tons of bank overlays and purchases were approved the DAY of closing (if at all), figures would arrive after the scheduled closing time and closings would take hours--sometimes days. I heard the dreaded comment, "you're a good LO, but I just can't risk using you now that you are at Prime." Wow. Painful They are a bank, which means they own the database, not you. They solicit your database.

      1.0
      4 Sept 2014

      management is horrible

      Origination
      Recommend
      CEO approval
      Business outlook

      Pros

      ...there is nothing positive to say about Prime

      Cons

      ...everything! from origination software to origination process... processing is terrible, management thinks way too highly of themselves, and the requirement to deploy unethical practices which teeter legality

      Viewing 1 - 3 of 292 Reviews
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      ReviewsPrimeLending reviews

      Glassdoor has 300 PrimeLending reviews submitted anonymously by PrimeLending employees. Read employee reviews and ratings on Glassdoor to decide if PrimeLending is right for you.