Caliber Funding

  www.caliberfunding.com
  www.caliberfunding.com
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Caliber Funding Reviews

Updated July 18, 2014
Updated July 18, 2014
34 Reviews
3.2
34 Reviews
Rating Trends

Recommend to a friend
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Jim Ferriter
11 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    STAY AWAY FROM THIS COMPANY!!!!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Irving, TX
    Current Employee - Anonymous Employee in Irving, TX

    I have been working at Caliber Funding full-time for more than a year

    Pros

    Nothing positive - stay away from this company by all means!!!

    Cons

    Bad management thus high turnover rate. Also, unethical management who lie, mislead, and mistreat workers verbally. Investigation should be led by outside agency to uncover the filth and unscrupulous, and illegal acts management is a part of scheming up. Minorities are marginalized and paid less than white co-workers for the same work. Not a great place to work at all.

    Advice to ManagementAdvice

    Fire current management and hire smart, proven, successful, visionary leaders of all races and experiences.

    Doesn't Recommend
    Negative Outlook
  2. 3 people found this helpful  

    Lack of culture and leadership

    • Career Opportunities
    Former Employee - Technical Support  in  Tucson, AZ
    Former Employee - Technical Support in Tucson, AZ

    I worked at Caliber Funding full-time for more than 3 years

    Pros

    Good benefits for a mortgage bank

    Cons

    Leadership constantly being replaced, lack of strategic direction, not profitable to date, mercernarial inl hiring and firing employees no sense of loyalty weak brand.

    Advice to ManagementAdvice

    Need to establish a winning culture that is results oriented. Need to allow time for changes to develop and not make knee jerk decisions.

  3. 4 people found this helpful  

    Horrible place to work!! Need to get out ASAP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Irving, TX
    Current Employee - Anonymous Employee in Irving, TX

    I have been working at Caliber Funding

    Pros

    Benefits are pretty good compare to others

    Cons

    Work hours are crazy, 55 - 60 hours week, they expect people to have no life. Managers are in it for themselves you are just a stepping stool, if you want a career, this is not the place! Horrible!

    Doesn't Recommend
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  5. 3 people found this helpful  

    Lost, no purpose and no direction - lots of high dollar execs though

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX

    I worked at Caliber Funding

    Pros

    Good HR and Benefits. Great to have a rich parent company.

    Cons

    No leadership and direction. Hedge fund company casulty ... Horrible culture and poor product and comp plan options. If your here, then your lost and you don't know your way to a better option.

    Advice to ManagementAdvice

    Sit down and find out what you want to be and then invite people to trust their careers with you. Just simple curteousy. And, it means your now a mature adult when you do things like that.

    Doesn't Recommend
  6. 4 people found this helpful  

    Very frustrating experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Tucson, AZ
    Current Employee - Anonymous Employee in Tucson, AZ

    I have been working at Caliber Funding

    Pros

    With so many dead and struggling mortgage companies, someone is bound to fill the gap. With the money behind this company, they have as good a chance as anyone.

    Cons

    Seem to be stuck in old modes of doing business and won't listen to suggestions about how the market has changed from a consumer's perspective. Everything is run from an internal, metrics driven, non-personalized position. It makes sense from where the accountants sit, sure. But in the end, you are dealing with a sales force that has to convince wary consumers that this new, unknown company has something special and different to offer... and that seems to be lost on management because dealing with the realities of real people instead of just numbers on a spread sheet is not as 'efficient' as possible.

    Advice to ManagementAdvice

    Listen to the people who have experience in the field, and try applying something besides 'black belt metrics' to the equation of how to make things successful.

    Doesn't Recommend
  7.  

    Very informitive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Broker Relations Specialist  in  Tucson, AZ
    Former Employee - Broker Relations Specialist in Tucson, AZ

    I worked at Caliber Funding

    Pros

    Open communication with upper management. no ivory towers

    Cons

    One of many struggling companies in mortgage industry

    Advice to ManagementAdvice

    Get better products

    Recommends
  8. 1 person found this helpful  

    A Good Place To Work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Caliber Funding as a contractor for less than a year

    Pros

    I work with an awesome team! Good sense of camaraderie, challenging, and a fast growing company. The recruiting team that assisted me with the interview process and the onboarding were awesome!

    Cons

    Experiencing some growing pains due to growth.

  9. 1 person found this helpful  

    Phenomenal place to work! After 20 years working for a top lender, what a breath of fresh air!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Consultant
    Current Employee - Loan Consultant

    I have been working at Caliber Funding full-time for more than a year

    Pros

    Superior cutting edge technology, allows local decision making, competitive pricing, "if we don't have it, we'll get it" mentality, extremely efficient processing, strong financial backing, and above all - positive upbeat attitudes!

    Cons

    Lessor known brand... for now! Would be nice to have the word "mortgage" in the name.

    Advice to ManagementAdvice

    Keep up the great support that you have been providing.

    Recommends
    Positive Outlook
  10. 1 person found this helpful  

    Best Career Move!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Caliber Funding full-time for less than a year

    Pros

    This is by far the absolutel BEST mortgage company I have worked for in the 15+ years I have been in the business. The technology is hands down the best in the industry. As far as the support from upper management, there is nothing but support! If I call or email I have a response within minutes. I have never experiences this before. All I can say is.... This is an absolutely wonderful place to work!

    Cons

    The only cons are the normal mortgage company changes you would experience anywhere.

    Recommends
    Positive Outlook
  11. 1 person found this helpful  

    I am a very satisfied employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Branch Manager and Loan Officer
    Current Employee - Branch Manager and Loan Officer

    I have been working at Caliber Funding full-time for less than a year

    Pros

    As a loan officer, Caliber has delivered on all of its promises to me. The have provided me with the products to close over 140 loans in just over six months. The technology platform is amazing, as is the compensation plan. I would also say that management has been very pro growth and pro sales. Everyone works hard, especially management. Not sure how hard work is a bad thing unless your just looking to collect a check!!!

    Cons

    I really have no complaints. So, if I had to have one, I would want better coffee!! Based on the pay, I can buy it myself.

    Advice to ManagementAdvice

    Keep growing the company with strong people. Don't fill seats for the sake of filling seats. This is why good people will want to work at Caliber!!!

    Recommends
    Positive Outlook

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