Prospect Mortgage

  www.myprospectmortgage.com
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27 Employee Reviews (View Most Recent)

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  • Work/Life Balance
  • Senior Management
  • Comp & Benefits
  • Career Opportunities

1 person found this helpful  

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

Senior Loan Officer (Current Employee)

ProsGreat 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.

ConsStill 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.

Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Not always a good prospect

    Anonymous Employee (Former Employee)

    I worked at Prospect Mortgage


    Pros: Good connections with REO market, its strength. Delivery of loan production… Cons: A lot of turmoil, spotty communication, high employee turnover. Management… Advice to Senior Management: No doubt the industry is going through tough times, but better communication of the company's… No, I would not recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Innovative and Conducive to Loan Officer Development

    Senior Loan Officer (Former Employee) Sherman Oaks, CA

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


    Pros: Great company that caters to the success and growth of their loan officers. Innovative and continuous training.… Cons: Compensation for loan originators is based on 100% commission. Advice to Senior Management: Consider compensating loan originators with a base salary along with… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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