Primary Residential Mortgage

  www.primaryresidentialmortgage.com
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Primary Residential Mortgage Reviews

Updated May 7, 2014
All Employees Current Employees Only

3.7 24 reviews

88% Approve of the CEO

Primary Residential Mortgage President & CEO Dave Zitting

Dave Zitting

(16 ratings)

68% of employees recommend this company to a friend
24 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great small office feel with big company support

    MOrtgage Loan Originator (Current Employee) Seattle, WA

    ProsBig company that is on top of compliance, which is huge deal in the mortgage industry. Efficient systems to manage pipelines

    ConsFor such a big company, they lack in marketing and brand awareness. Relatively unknown in mortgage industry for the amount of production.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Solid

    Loan Officer (Current Employee) Towson, MD

    ProsLarge national company with local roots.

    ConsInterest rates tend to be an 1/8+ higher than the competition

    Advice to Senior ManagementWe should have better rates now that we are servicing a majority of our loans. Focus on giving the customer better rates which will allow for more business for the LO and happier clients.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    PRMI is a great company. Success comes from having a team of like hearted and like minded people.

    Loan Officer (Former Employee) Celebration, FL

    ProsGreat Teamwork and Operations. Communication and training is excellent. PRMI as a whole keeps all of us protected by being on top of all the changes in the industry and ensures we all keep our standards above the rest. PRMI raises the Bar! Definitely a plus to be part of the Dionne Group in CT who give us LO's all the support we need to be successful.

    ConsNeed to obtain a Foreign National Product

    Advice to Senior ManagementForeign National Product.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Most Toxic Work Environment I Have Seen

    Corporate Office Employee (Former Employee) Salt Lake City, UT

    ProsWork with some nice people
    Opportunity to gain experience

    ConsNepotism -- hiring unqualified family and friends into positions of power
    Harassment -- sexual and personal harassment; daily bullying is a problem
    Poor wages -- severely underpaid and under-appreciated with minimal raises
    Poor job security -- track record of several layoffs, feared for my job
    Non-transparent environment -- not transparent with employees and Branch partners
    HR does not act fully on complaints -- slap on the wrists or just watching problems happen
    Unprofessional/toxic working environment -- hostile and vulgar work environment

    Advice to Senior ManagementAddress bullying, nepotism, and transparency issues

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    If you enjoy working for idiot & narcissist, PRMI is perfect for you.

    Management (Former Employee) Salt Lake City, UT

    ProsThe other employees share your pain & a bond is created that gets you through the day

    ConsProfessionals punching a time clock? Come on!!! Being the Director of a department and being told "not to think" by the owner. Unbelievable! The worst employment decision of my life!

    No, I would not recommend this company to a friend

    • Culture & Values
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    • No Opinion of CEO

     

    great training ground, good first job

    Analyst (Former Employee) Salt Lake City, UT

    Prosjob security. if show up you basically have a job for as long as you want

    Consnepotism, frequent and long work hours. badly structured bonus system

    Advice to Senior Managementreward those who work hard.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • No Opinion of CEO

     

    My experience with the company was one of frustration.

    Underwriter (Former Employee) Atlanta, GA

    ProsMoney-remote-ot when allowed-friendly-work with branches

    ConsRespa and Compliance should not have been made the underwriters responsibility. This should have been completed by a separate department. The challanges of the outdated system and Compliance underwrite made it nearly impossible to meet the daily quota.

    Advice to Senior ManagementThe system must be updated to today's needs and compliance should be completely seperate from the underwriters.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Current Employee-Very Satisfied With Direction Of Company

    Loan Officer (Current Employee) Manchester, CT

    ProsGreat business model to succeed in with management that recognize and appreciate that those out in the field are responsible for a huge part of the company's success. Corporate allows the people in the field to do what they do best-originate and close loans. Human Resources, Investor Relations, and Compliance all are handled by corporate which is huge in the present day environment.

    ConsPricing can be slow to correct when there is a large market change. Most competitor's rates come back to normal faster than ours do.

    Advice to Senior ManagementKeep doing what you are doing (going to DC). Providing feedback to HUD about our industry is necessary and so important. Relaying what is coming down the pike and taking the necessary steps to make the best of what uninformed bureaucrats are dictating to us is vitally important to our success.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • No Opinion of CEO

     

    Primary Residential Mortgage

    Anonymous Employee (Former Employee)

    ProsI can appreciate how the company was started and I was given an opportunity in Raleigh NC to work with the company. My experience was great and the owner then was concerned about people.

    ConsTime it takes to complete a mtg. One may have credit problem that they could have help but wouldn't take the time to serve them.

    Advice to Senior ManagementIt may not be that the client's credit may not be the best but to at least attempt to assist will aid them in getting more customers in the future.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    It was very good

    Vice President Business Development (Former Employee) Delray Beach, FL

    Prosgreat on line processing systems

    Consneed more management employee contact

    Advice to Senior Managementnone

    Yes, I would recommend this company to a friend

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