Option One Mortgage

  www.oomc.com
  www.oomc.com

Option One Mortgage Reviews

Updated July 16, 2014
Updated July 16, 2014
13 Reviews
4.0
13 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Bob Dubrish
6 Ratings

Employee Reviews

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  1.  

    Business Analyst

    Former Employee - Senior Business Analyst in Irvine, CA
    Former Employee - Senior Business Analyst in Irvine, CA

    I worked at Option One Mortgage full-time (more than 5 years)

    Pros

    Was a great company with amazing people

    Cons

    Nothing - except should have kept it going

    Advice to ManagementAdvice

    Should have kept it going

  2.  

    foreclosure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Foreclosure Specialist in Irvine, CA
    Former Employee - Foreclosure Specialist in Irvine, CA

    I worked at Option One Mortgage full-time (more than 3 years)

    Pros

    OOMC serviced loans throughout the United States. There was plenty of work and OOMC really wanted to keep homeowners in their property rather than taking it from them.

    Cons

    Working in foreclosure is stressful and takes a mental toll on a person. When you reach your customer that is in foreclosure they are already upset and not willing to discuss their options because they do not feel they have any.

    Advice to ManagementAdvice

    Be more creative and proactive in providing solutions for clients to stay in their home.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    National Sales Manager

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Option One Mortgage

    Pros

    Great company with great people

    Cons

    No longer in business now.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    This company actually went bankrupt

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager in Irvine, CA
    Former Employee - Project Manager in Irvine, CA

    I worked at Option One Mortgage

    Pros

    it was good while it lasted, but with the mortgage crisis, it went down under.

    Cons

    well, it doesn't exist anymore, so that can't be a good thing.

    Advice to ManagementAdvice

    better luck next time!

  6.  

    Under and Done

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

    I have been working at Option One Mortgage

    Pros

    Non management was great to work with very friendly group of people. Lots of comradery

    Cons

    Reacted to a declining market way too late

    Advice to ManagementAdvice

    Strung a lot of good people along for way too long

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Positive Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Executive Liaison in Jacksonville, FL
    Former Employee - Executive Liaison in Jacksonville, FL

    I worked at Option One Mortgage

    Pros

    Good opportunity for advacement overall

    Cons

    If you are not out going and socialable you will not get ahead. It is about who you know

    Advice to ManagementAdvice

    Listen to the feedback from the reps .

    No opinion of CEO
  8.  

    A place to go if you want the path of least ressistance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Business Analyst in Irvine, CA
    Former Employee - Senior Business Analyst in Irvine, CA

    I worked at Option One Mortgage

    Pros

    Hours are short. Most people leave the office by 5pm, regardless of the group you work in. People are friendly (for the most part) and they try to have fun. Personal life is respected very much. You get a lot of vacation time and even health benefits for your pet!

    Cons

    People do not communicate. Many employees are incompetent and work just enough to not get fired. Pay is low and they are not willing to spendmoney to get good talent. They normally have to outsource difficult projects because they dont trust the full timers to do the job right. Lotd of outsourced Indians roaming around.

    Advice to ManagementAdvice

    Good luck!

    Doesn't Recommend
    Disapproves of CEO
  9.  

    Great place to work!

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

    I worked at Option One Mortgage

    Pros

    Work life balanced associated with quality compensation. Great overall team/family enviorment. I looked forward to coming to work everyday being able to provide immediate impact to the bottom line finanicials of the organization. Everyone had a voice from the Admin professionals to Sr. Leaders, a good idea was always reconized as a good idea.

    Cons

    Lack of formalized process and policies in place. In addition the need to manage by concensous. Management staff as a whole is exceptional however there are some leaders in place that are either underqualified or lack knowledge to complete the job effectivley. Coupled with difficult opportunities to advance within in specific departments.

    Advice to ManagementAdvice

    Continue doing what you are doing

    Recommends
    Approves of CEO
  10.  

    Be smarter with your money.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Systems Analyst in Irvine, CA
    Former Employee - Business Systems Analyst in Irvine, CA

    I worked at Option One Mortgage

    Pros

    Work Life balance and team comradiery.

    Cons

    Low pay, they started to outsource a lot of IT jobs.

    Advice to ManagementAdvice

    Thing more about the long term picture.

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Great sales support, good admin support

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Option One Mortgage

    Pros

    Good salaries and good underwriting teams

    Cons

    Bad vision, poor metrics and management of the same

    Advice to ManagementAdvice

    Keep an eye on competitors a bit more

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