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Mortgage Loan Officer job with Bank of America

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Mortgage Loan Officer  in  Plano, TX
Current Employee - Mortgage Loan Officer in Plano, TX

I have been working at Bank of America full-time for more than 5 years

Pros

I get a continuous source of customers calling in to do their mortgage loan. The payout per loan is more than fair.

Cons

Customer service/fulfillment, the loan processing and underwriting, is understaffed. Processing quality and turn times are a problem

Advice to ManagementAdvice

Continue with intensive training for the loan processors and consider giving them an incentive to complete their work on a timely and quality basis.

Recommends
Negative Outlook
Approves of CEO

Other Reviews for Bank of America

  1.  

    Good Employer with great benefits

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

    I have been working at Bank of America full-time for more than 8 years

    Pros

    Information sharing is extensive
    Great corporate culture

    Cons

    Pay gaps, career pathing could be better

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Good pay and job security

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President  in  Charlotte, NC
    Current Employee - Senior Vice President in Charlotte, NC

    I have been working at Bank of America full-time for more than 10 years

    Pros

    Bank Of America pay a good base salary, and has some great perks and bonuses along th way.

    Cons

    Takes a long time to get a promotion. Must be with bofa for a long time to get a good base salary.

    Recommends
    Neutral Outlook
    No opinion of CEO
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