There are newer employer reviews for Bank of America

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 (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
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  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 (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 (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
There are newer employer reviews for Bank of America

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