Provident Funding

  www.providentfunding.com
  www.providentfunding.com
There are newer employer reviews for Provident Funding

1 person found this helpful  

Great Start, don't stick around

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Mortgage Servicing Representative in Los Angeles, CA
Former Employee - Mortgage Servicing Representative in Los Angeles, CA

I worked at Provident Funding full-time (less than an year)

Pros

they hire a LOT of recent grads- cool people and decent salary for what you do

Cons

you will repeat yourself all day long answering 90+ phone calls a day, everyday

Advice to ManagementAdvice

more pay and clear promotion tracks would decrease turnover

Doesn't Recommend
Positive Outlook

84 Other Employee Reviews for Provident Funding (View Most Recent)

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  1.  

    Only Work at Corporate!

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

    I worked at Provident Funding

    Pros

    I started as a college grad like people in all the reviews, but I was luck to work in corporate instead of being in a branch or servicing department. Pros about the company is don't need to worry about company going down. I was paid very well (average 20% paid raise every year.) Don't need to work a lot of OT, don't need to travel. You will move up fast if you have a special analytical skill or know when to say what.

    Cons

    Normal channel will not get people to move up the corporate ladder. Only 3% of the emplooyee working in a branch or servicing department get promoted. Need to ask for annual review else no pay raise. Bad employee benefits.

    Advice to ManagementAdvice

    Some special bonus or benefits to employees would retain more people in this refi boom.

  2.  

    Just not an enjoyable place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Mortgage Underwriter in Nashville, TN
    Current Employee - Mortgage Underwriter in Nashville, TN

    I have been working at Provident Funding

    Pros

    -Friendly co-workers
    -Paid Training
    -Ability to leave work at work and not have to think about the work all day everyday.

    Cons

    -Work makes you feel like a mouse on a wheel. Working hard but going nowhere.
    -Upper Management uses fear tactics to get results. It is always do this or you could get fired.
    -Nothing but staring at a computer for 8+ hours a day with little or no talking in the office.
    -Management shows absolutely no trust in employees.
    -Work feels like a Mortgage sweat shop.
    -Turnover rate is incredibly high. People take it because it looks good on paper but within a few months realize that it was a terrible mistake.

    Advice to ManagementAdvice

    Trust your employees. A little freedom and flexibility is not a bad thing. If you treat employees well to start off with you wont have to always threaten them to get what you want and the retention and employee attitudes will improve drastically.

    Doesn't Recommend
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