Caliber Home Loans

www.caliberhomeloans.com
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There are newer employer reviews for Caliber Home Loans

1 person found this helpful  

Has potential, but not there yet.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Account Executive in Ontario, CA
Former Employee - Account Executive in Ontario, CA

I worked at Caliber Home Loans full-time (more than a year)

Pros

Great at funding, the funding process is the best here, quick, easy, no pop up conditions, almost like table funding, they will fund on emailed docs,

Cons

It's the rest of the process that takes the time, over conditions, high rates, vague guidelines. They advertise great programs but when asked on guidelines for the program your told "well, we don't really do that, or, we've never done that so dont sell it"??? no one really gives you an answer. If your in sales your on your own! appraisal's are impossible to deal with, 3 out of 5 get cut significantly and I've never had one overturned.
Very frustrating.
they hire like crazy and lay off just as fast, when I started they had 30 inside staff, when I left they has 10.

Advice to ManagementAdvice

hard to say since most of the upper management in the west has already quit!

Doesn't Recommend
Negative Outlook
No opinion of CEO

22 Other Employee Reviews for Caliber Home Loans (View Most Recent)

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  1. 3 people found this helpful  

    A complete mess

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

    I have been working at Caliber Home Loans full-time (less than a year)

    Pros

    Pay is ok and bonus is good when you get it. Bonus structure changes constantly and most people dont make bonus

    Cons

    disorganized, no structure, the job is stressful. The company makes too many mistakes that affect borrowers and nothing is done to fix the problems.

    Advice to ManagementAdvice

    Need to go back to the drawing board cause the current structure isnt working. Get a good structure going as a company, the departments dont like to work together, everything gets thrown at the SPOC department.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Countrywide Home Loans - Caliber Home Loans

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

    I worked at Caliber Home Loans full-time

    Pros

    excellent pay, decent benefits, good co-workers.

    Cons

    Came on the seen fast and furious, work slowed down - everybody is getting laid off. I truly feel they are structuring this company like Countrywide......and well we all know what happened there.

    Advice to ManagementAdvice

    work on quality and not quantity for the long haul

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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