Home Loan Investment Bank
2.8 of 5 4 reviews
www.homeloanbank.com Warwick, RI 50 to 149 Employees

Home Loan Investment Bank Reviews

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Brian J. Murphy


4 Employee Reviews
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    • Work/Life Balance
           
    • Senior Management
           
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    Good Company

    Anonymous Employee (Current Employee)
    Warwick, RI

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

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

    Advice to Senior ManagementRetain more younger employees, you will need them when older employees retire.

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    • Work/Life Balance
           
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    good learning experience, but would not recommend

    Loan Officer (Former Employee)
    Warwick, RI

    Prosvery good compensation if you are good at your job

    Consit is an extremely cut throat environment.

    No, I would not recommend this company to a friend

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    • Work/Life Balance
           
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    The money is decent but

    Loan Officer (Current Employee)
    Warwick, RI

    ProsIt 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.

    ConsThe 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 Senior ManagementBe more respectful to employees and make them feel appreciated.

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

     

    Good part time position, but that's about it

    Loan Representative (Former Employee)

    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 Senior Management- 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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