Residential Finance

  www.residentialfinance.com
  www.residentialfinance.com
There are newer employer reviews for Residential Finance

4 people found this helpful  

Dishonest practices and this is a SINKING SHIP

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Senior Loan Officer in Tampa, FL
Current Employee - Senior Loan Officer in Tampa, FL

I have been working at Residential Finance full-time (more than an year)

Pros

-Direct mail leads are better here than most competitors.
-Most people quit or get fired quickly so you get free loans from their pipeline if you are friends with your branch manager

Cons

-Bounced payroll checks
-Payroll arrives late most of the time
-Recruiting will tell you what you want to hear to get you to start, mostly lies
-Roughly 4 months before you see a dime in commission, got paid more as a CSR
-Marketing CLEARLY breaks every rule possible (appears to be a letter from the government, advertises an APR that is comical compared to what I can actually offer)
-Highest rates/fees I have ever seen
-Tampa office is highly unprofessional, grown men acting like children
-Comp plan is significantly lower than when I was hired, now it is not that competitive (my first year made good money, next year if I don't find a better job will prob make $50k)

Advice to ManagementAdvice

Quit as soon as you can, the Tampa call center is probably going to get shut down sooner or later.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

83 Other Employee Reviews for Residential Finance (View Most Recent)

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  1. 4 people found this helpful  

    Great opportunity for paid training / licenses paid.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Officer in Sharonville, OH
    Current Employee - Loan Officer in Sharonville, OH

    I have been working at Residential Finance full-time (less than an year)

    Pros

    Relaxed atmosphere and paid training.

    Cons

    Mismanaged, terrible loan close times. My paycheck was wrong more times than it was correct.

    Advice to ManagementAdvice

    Stop wasting money training people who have no shot at passing the tests / making it in this business, more strict interview process needed. GET YOUR FINANCES RIGHT!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    From Family Values to just valuing the dollar.

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

    I worked at Residential Finance full-time

    Pros

    Use to be a company that cared for it's employees and the job. Upper management just cares about upper management. Very deceptive in their motives and actions.

    Cons

    Poor decisions and overspending has jeopardized this company and it's direction.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Residential Finance

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