Prospect Mortgage

www.myprospectmortgage.com
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Helpful (2)

Great place to grow your already established business as an LO, not a good place to if you're new to the industry.

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

I have been working at Prospect Mortgage

Recommends
Recommends

Pros

Great technology available to market yourself as an LO and retrain. Good amount of transparency between upper management and "regular" staff employees. Great foundation for people who believe in a good family life leads to success in business.

Cons

Still working out some of the kinks in system operations. Benefits are not that good for a company of similar size and similar number of employees.

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  1. Helpful (2)

    Not always a good prospect

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

    I worked at Prospect Mortgage

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good connections with REO market, its strength. Delivery of loan production and process was equal to bank performance, but below mortgage banker standards.

    Cons

    A lot of turmoil, spotty communication, high employee turnover. Management personel changes were often, and support from upper management was lacking.

    Advice to Management

    No doubt the industry is going through tough times, but better communication of the company's position and goals helps the employees work towards the same results that the company wants.


  2. Loan Conversion Partner II

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

    I worked at Prospect Mortgage full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly people, and management staff. Easy workload and flexible hours. Nice environment to work in if you prefer a relaxed call center type of environment.

    Cons

    Like with many call center environments and work functions, the job can be repetitive and can get boring. This is the nature of this business. Management can be more transparent


There are newer employer reviews for Prospect Mortgage
There are newer employer reviews for Prospect Mortgage

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