Stearns Lending
3.3 of 5 13 reviews
www.stearnswholesale.com Santa Ana, CA 500 to 999 Employees

Stearns Lending Reviews

Updated Jun 18, 2014

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3.3 13 reviews

                             

75% Approve of the CEO

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Brian S. Hale

(4 ratings)

55% of employees recommend this company to a friend
13 Employee Reviews
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    At last - a place where creative talent is respected

    Anonymous Employee (Current Employee)

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

    ConsSometimes creative approvals bog down at high levels.

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

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    Easy Going, laid back Company.

    Senior Underwriter (Current Employee)
    Tampa, FL

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

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

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

    Yes, I would recommend this company to a friend

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    Overall decent company

    Branch Manager (Former Employee)
    Pittsburgh, PA

    ProsManagement was good but in transition when I left.

    Consvery conservative with marketing for individual branches

    Advice to Senior Managementstay compliant with marketing but let the branches use services that work in today's market

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    It's a mortgage company

    Anonymous Employee (Current Employee)
    Santa Ana, CA

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

    ConsNot a Veteran friendly environment

    No, I would not recommend this company to a friend

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    Large company run like a small company

    Junior Underwriter (Former Employee)
    Lewisville, TX

    ProsAnswers were easily obtained.

    ConsThe systems are really outdated.

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    review

    Senior Loan Processor (Current Employee)

    Prosworking with nice people under poor management

    Conspoor customer service in most areas

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

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

    Junior Underwriter (Current Employee)
    Pittsburgh, PA

    ProsTechnology, support, and consideration of employees.

    ConsThe Health Insurance was terrible.

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

    Yes, I would recommend this company to a friend

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    Not sure where they are headed....

    Senior Loan Processor (Current Employee)
    Costa Mesa, CA

    ProsI 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.

    ConsAlthough 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.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Has growing pains, but good problems to have.

    Anonymous Employee (Current Employee)

    ProsCompany is growing quickly and in areas that signal it's here to stay. Office politics not as pervasive as with other companies.

    ConsCommunication from the top could be better about what is happening and when to expect change. 401k is subpar.

    Advice to Senior ManagementWork on integrating the different teams more.

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

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    2 people found this helpful  

    Unethical, uncomfortable, and a lack of diversity

    Mortgage Processor (Former Employee)
    Oakbrook Terrace, IL

    ProsIf you enjoy gossiping about coworkers, an autocratic style of management, and can jump right in without any formal training or orientation. Feel free to grab a desk and get to work.

    ConsThe managers are all former coworkers from other firms working together to make life better for themselves, not their employees. There is definitely an initiation process for new hires not hired by them directly. Managers browse Social Networking sites in their work time. Employees feel vulnerable as to who to talk to.

    Advice to Senior ManagementInstill the core values of Stearns to management. Develop a training program. Embrace diversity. Immigrants are not Ignorant. Work on culture and values. Maintain a functional hierarchy of management. Managers work as a unit as friends instead of managers.

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

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Glassdoor is your free inside look at Stearns Lending reviews and ratings — including employee satisfaction and approval rating for Stearns Lending CEO Brian S. Hale. All 13 reviews posted anonymously by Stearns Lending employees.