Stearns Lending Reviews

Updated August 26, 2014
Updated August 26, 2014
14 Reviews

3.2
14 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Brian S. Hale
5 Ratings

Employee Reviews

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  1.  

    At last - a place where creative talent is respected

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Stearns Lending as a contractor for more than a year

    Pros

    Creative feedback is high quality. Briefing process is fast and accurate. Payment is fast, too.

    Cons

    Sometimes creative approvals bog down at high levels.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Senior closer. First three years AWESOME. After that, new management destroyed a good thing!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Closer  in  Oak Brook, IL
    Former Employee - Senior Closer in Oak Brook, IL

    I worked at Stearns Lending full-time for more than 3 years

    Pros

    As stated , great company to work for. Corporate staff the best! Branch management, questionable! Enjoyed my time there, if only they would have questioned why so many employees from the original team did a mass exit?!

    Cons

    NEPOTISM! Hire people who are past co-workers and not really concerned about their qualifications.
    Came to Stearns in 2009. In that time it was a great company to work for. 2012 brought new management, forced the originals out and they tried to fix something that was not broke. Hired all their friends and made the original group of branch 49 feel like outsiders and this was the group of dedicated workers that put Stearns Lending on the map for the Midwest market.

    Advice to ManagementAdvice

    Sorry, can't turn back the hands if time!lost a lot of knowledgable, awesome dedicated employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Worst place I ever worked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Stearns Lending full-time

    Pros

    Pay, vacation.... Thats all I can think off at the moment

    Cons

    Benefits, Gossip, Leadership. Friends hire friends.

    Advice to ManagementAdvice

    Hire experience people!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Easy Going, laid back Company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Underwriter  in  Tampa, FL
    Current Employee - Senior Underwriter in Tampa, FL

    I have been working at Stearns Lending full-time for more than a year

    Pros

    Pay was awesome, Hours, casual dress, PTO, Remote Work Available

    Cons

    When Pipeline gets low, lay offs happen, and they start with the highest paid underwriters!

    Advice to ManagementAdvice

    Instead of laying off Hard workers, give them somethimg else to do with in the company until the pipeline replenishes.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Overall decent company

    Former Employee - Branch Manager  in  Pittsburgh, PA
    Former Employee - Branch Manager in Pittsburgh, PA

    I worked at Stearns Lending full-time for more than 3 years

    Pros

    Management was good but in transition when I left.

    Cons

    very conservative with marketing for individual branches

    Advice to ManagementAdvice

    stay compliant with marketing but let the branches use services that work in today's market

  7.  

    It's a mortgage company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Santa Ana, CA
    Current Employee - Anonymous Employee in Santa Ana, CA

    I have been working at Stearns Lending full-time for less than a year

    Pros

    Management is competent and involved. Training is extremely helpful and useful.

    Cons

    Not a Veteran friendly environment

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Large company run like a small company

    Former Employee - Junior Underwriter  in  Lewisville, TX
    Former Employee - Junior Underwriter in Lewisville, TX

    I worked at Stearns Lending full-time for less than a year

    Pros

    Answers were easily obtained.

    Cons

    The systems are really outdated.

  9.  

    review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Loan Processor
    Current Employee - Senior Loan Processor

    I have been working at Stearns Lending full-time for more than 3 years

    Pros

    working with nice people under poor management

    Cons

    poor customer service in most areas

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Even though the company was expanding, there was good training and management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Underwriter  in  Pittsburgh, PA
    Current Employee - Junior Underwriter in Pittsburgh, PA

    I have been working at Stearns Lending full-time for less than a year

    Pros

    Technology, support, and consideration of employees.

    Cons

    The Health Insurance was terrible.

    Advice to ManagementAdvice

    Get more local access to health insurance for employees not living in high inflation/ high income areas of the country to make it affordable

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Not sure where they are headed....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Loan Processor  in  Costa Mesa, CA
    Current Employee - Senior Loan Processor in Costa Mesa, CA

    I have been working at Stearns Lending full-time for less than a year

    Pros

    I like that this is a family-oriented company that provides flexible work hours. This company has a good training program for newly-hired underwriters or current employees moving into an underwriting position.

    Cons

    Although this company is family-oriented, nepotism is indeed prevalent. This is good if the family member is a good and valuable worker; otherwise, it gives that individual an unfair advantage. When it comes to mortgage interest rates, they are not competitive since they are generally .5% - .625% higher than the competition.

    Recommends
    Negative Outlook
    Disapproves of CEO

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