Guaranteed Rate
3.4 of 5 173 reviews
www.guaranteedrate.com Chicago, IL 1000 to 5000 Employees

173 Employee Reviews (View Most Recent)

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  • Disapproves of CEO

2 people found this helpful  

Terrible company to work for

Vice President of Mortgage Lending - Direct Division (Current Employee)
Chicago, IL

ProsYou do get paid training and they also pay for your national/stae license

ConsMoney is terrible there unless you have a Realtor or referral base. They will tell you about all the money people make in the online and direct division but it's all lies. Commission structure is extremely low on the direct and online divisions. I funded 4 loans for almost 2 million and my commission check was about $1,000

No, I would not recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

    3 people found this helpful  

    Don't work here, unless you are a loan officer.

    Sales Assistant (Former Employee)
    Chicago, IL

    I worked at Guaranteed Rate full-time for less than a year


    Pros: You can move to different departments quiet easily by expressing… Cons: If your not a loan officer or in the sales department, prepare to be disrespected and belittled. Upper management makes it consistently known that you… Advice to Senior Management: Stream line the organization so that there aren't over 100 Vice Presidents (no exaggeration here). Also, create a corporate culture that… No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

    4 people found this helpful  

    poor pay, poor benefits, terrible leadership

    Anonymous Employee (Current Employee)

    I have been working at Guaranteed Rate full-time for more than 5 years


    Pros: I really can't think of any. Cons: They pay terrible unless you are a loan officer, the benefits are terrible,… Advice to Senior Management: HR & IT have incompetent leadership, Marketing & Operations are good. IT is lead by a parrot - spouts the words & ideas of… No, I would not recommend this company to a friend More
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