Residential Finance

  www.residentialfinance.com
  www.residentialfinance.com
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Residential Finance Reviews in Columbus, OH

Updated August 6, 2014
Updated August 6, 2014
81 Reviews
2.8
81 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Residential Finance CEO Michael Isaacs
Michael Isaacs
60 Ratings

Review Highlights

Pros
  • I like coming to work every day (in 6 reviews)

  • For the first time in my life I actually enjoy coming to work because I help people, I make good money, and I am treated well by everyone I work with (in 3 reviews)


Cons
  • There are not enough processors for the amount of loan officers that are employed and producing (in 8 reviews)

  • Communication between departments could be better to achieve higher goals (in 4 reviews)

More Highlights

33 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Disappointing Layoff

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

    I worked at Residential Finance full-time for more than a year

    Pros

    Great company to work for until the mortgage industry took a huge hit. Lay offs became a weekly thing. Finally hit me two weeks before Christmas, and found out via coworker 6 weeks later they dissolved my position so there was no chance of getting called back to work though I was told the chances were great once business picked back up.

    Cons

    No severance pay and took 8 weeks to get unemployment due to name change not being handled correctly.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Terrible Co.

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

    I worked at Residential Finance full-time for more than a year

    Pros

    My co-workers were the only pros.

    Cons

    My supervisor was a tyrant, verbally abusive, threatening and just a terrible supervisor. Management ignored the complaints. Terrible company!

    Advice to ManagementAdvice

    Treat your processors with respect, quit making unrealistic goals so you don't have to pay commission checks. And stop the harassment and verbal abuse from management and supervisors!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    RFC is a good place to work, just be ready to put in the work!

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

    I worked at Residential Finance full-time for less than a year

    Pros

    Good work environment, great training program and instructor. Loved working in a team environment .

    Cons

    Lack of communication, with lower level employees.

    Advice to ManagementAdvice

    Keep an open policy between all employees. I had a great work experience, but was never really told about my performance until a certain manager had a problem with me. If i knew this, I would of made a better effort to improve my performance.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Run over here! Now over there!

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

    I worked at Residential Finance full-time for more than a year

    Pros

    Many nice people, working hard. Was always interesting! Some managers were really sharp.

    Cons

    Management goes from one idea to the next with little care for seeing what sticks. Many employees are pay quite poorly. Benefits are expensive and not very good. Sick time was lacking. Sales seems like a boiler room.

    Advice to ManagementAdvice

    Stick to things, don't brag about sales team adventures to low paid over worked others.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Move on...

    • 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 for more than a year

    Pros

    The office furniture is nice

    Cons

    1/2 of all the executives left. Rumors abound that the company is being acquired. This is not a place to grow.

    Advice to ManagementAdvice

    Let the guys in CA run it

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Time well spent working on dynamic projects with creative people.

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

    I worked at Residential Finance full-time for more than 3 years

    Pros

    Flexible hours, creative work space, good team environment.

    Cons

    The mortgage industry as a whole is always undergoing changes.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Surprised it is still in business

    • 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 for more than a year

    Pros

    I was able to grow professionally as a developer while working there which made it very easy to find my next job. I had a great manager who did not micromanage and encouraged personal growth. I met some cool people and very capable developers.

    Cons

    Upper management (CEO level) is not capable of thinking ahead. When business was good they spent money on cruises and expensive furniture instead of investing in the future. Once the rates started going up, they canceled 401K contributions, cut salaries, and laid off half of the company including the whole development team with a one hour notice. I am surprised the company is still in business.

    Advice to ManagementAdvice

    Run before the company goes bankrupt.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 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
  10. 4 people found this helpful  

    Collapsing

    • 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

    It was a decent work environment while it lasted. Marketing department is obviously effective.

    Cons

    Company is struggling to stay in business. There have been mass layoffs and bounced payroll checks. The payroll issues were blamed on fraud at first. Then they cut benefits and pay. Then they laid off my whole department. I don't know if I'm going to get paid for my last few weeks or not.

    Advice to ManagementAdvice

    Resign

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    If you are willing to work hard, you can have a great career at Residential Finance

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

    I have been working at Residential Finance full-time for less than a year

    Pros

    Great Bosses, Great Salary Potential, Great Company

    Cons

    Extensive Training means it takes awhile to make real money

    Advice to ManagementAdvice

    Keep the path, great things ahead

    Recommends
    Positive Outlook
    Approves of CEO

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