There are newer employer reviews for Flagstar Bancorp

 

Poor Compensation Plan

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Loan Officer
Former Employee - Senior Loan Officer

I worked at Flagstar Bancorp

Pros

Make your own hours (sort of)
Great benefits

Cons

Poor compensation plan
Inept management and the company is overwrought with cronyism
Publicly traded company that is essentially worthless

Advice to ManagementAdvice

Raise the comp plan for retail LO's or more and more will be leaving and heading to local mortgage banks (not FDIC banks).

Doesn't Recommend
Disapproves of CEO

135 Other Employee Reviews for Flagstar Bancorp (View Most Recent)

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  1.  

    Great company with lots of training available.

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

    I have been working at Flagstar Bancorp

    Pros

    Very high tech and cutting edge.

    Cons

    Sometimes a little too much technology.

    Recommends
    Approves of CEO
  2.  

    I liked it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Collector
    Current Employee - Collector

    I have been working at Flagstar Bancorp

    Pros

    Good work environment and nice co-workers.

    Cons

    Pay is way too low.

    Advice to ManagementAdvice

    Promote wisely.

    Recommends
    Approves of CEO
There are newer employer reviews for Flagstar Bancorp

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