Cobalt Mortgage
3.9 of 5 14 reviews
www.cobaltmortgage.com Kirkland, WA 150 to 499 Employees

14 Employee Reviews (View Most Recent)

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Local company with big growing pains

Anonymous Employee (Current Employee)

ProsLocal company. Lots of loan programs and focus on customer service. Good company if you are a sales person.

ConsUnsatisfactory working conditions with culture of skipping lunch and breaks to fit in and appear dedicated. People are overworked, but overtime is not approved and frowned on if submitted. Mediocre benefits, culture of anything goes for sales and everyone else gets much less in salary, conditions and recognition. Too much favoritism. Many people hired are relatives of managers or other employees and that creates a big increase in usual workplace politics.

Advice to Senior ManagementDo the right thing for all of your workers, not just the sales people. . A lot of dissatisfaction among other workers. Pay attention to more than looking good from the outside. The culture and values the company promotes to the public are not followed for employees and more will leave as the job market improves.

No, I would not recommend this company to a friend

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    Rapid growth in 2010, nepotism rampant, shaky management.

    Underwriter (Current Employee)

    I have been working at Cobalt Mortgage


    Pros: Many good people work there. Cons: Poor management, nepotism rampant, no annual reviews. Advice to Senior Management: Replace Operations Manager and reduce the amount of nepotism. No, I would not recommend this company to a friend More
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    Money Hungry

    MLOA (Former Employee)
    Seattle, WA

    I worked at Cobalt Mortgage full-time for more than a year


    Pros: Money Little supervision Holiday pay HSA contributions 401k Cons: Loan officers bonus my entire yearly salary in one quarter… Advice to Senior Management: Make things more consistent - what happens in Kirkland should… Yes, I would recommend this company to a friend More
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