Home Loan Investment Bank

  www.homeloanbank.com
  www.homeloanbank.com
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Home Loan Investment Bank Reviews

4 Reviews
2.8
4 Reviews

Recommend to a friend
Approve of CEO
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Brian J. Murphy
0 Ratings

Employee Reviews

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  1.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Warwick, RI
    Current Employee - Anonymous Employee in Warwick, RI

    I have been working at Home Loan Investment Bank

    Pros

    Good management, flexible, good projects, management is easy to talk to, great benefits, great 401k

    Cons

    Usually most of the employers were older and have been there for years which makes it difficult for younger talent to move up

    Advice to ManagementAdvice

    Retain more younger employees, you will need them when older employees retire.

  2.  

    good learning experience, but would not recommend

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Loan Officer  in  Warwick, RI
    Former Employee - Loan Officer in Warwick, RI

    I worked at Home Loan Investment Bank

    Pros

    very good compensation if you are good at your job

    Cons

    it is an extremely cut throat environment.

    Doesn't Recommend
  3.  

    The money is decent but

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

    I have been working at Home Loan Investment Bank

    Pros

    It can be a challenging but rewarding place to work. You could make a lot of money if you worked hard and kept at the phones. No cold calling, all leads are warm.

    Cons

    The hours are long. The management is uptight --- you can't even have a drink at your desk besides water. The atmosphere is generally gloomy, although that has more to do with the state of our economy in general. Not sure about loyalty from upper management either. I feel like they put too much blame for the lack of loans being put out on the loan officers' shoulders, when it was really because of the housing market implosion.

    Advice to ManagementAdvice

    Be more respectful to employees and make them feel appreciated.

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  5.  

    Good part time position, but that's about it

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

    I worked at Home Loan Investment Bank

    Pros

    - Builds communication skills
    - Helps understand the mortgage industry
    - Creates a well rounded employee, as you interact with customers from various backgrounds

    Cons

    - College hires are usually overqualified
    - Work can often be boring
    - You have little faith in the company when you realize the type of lending they practice
    - Management lied to department about future layoffs

    Advice to ManagementAdvice

    - You need to be honest and upfront about your policies and practices
    - You should also consider giving some employees more responsibility

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