Wintrust Mortgage

www.wintrustmortgage.com
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Wintrust Mortgage Reviews

Updated February 18, 2015
Updated February 18, 2015
17 Reviews
2.9
17 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
J David Hrobon
7 Ratings

Employee Reviews

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  1.  

    Pretty good

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wintrust Mortgage

    Pros

    Flexible hours, nice and comfortable work atmosphere

    Cons

    Very difficult to make a lot of money

  2.  

    review

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

    I have been working at Wintrust Mortgage

    Pros

    Knowledgeable staff - internal underwriting and processing.

    Cons

    Charged a considerable amount for all services that are needed to function for the job. Internet issues consistently with the systems. Pricing not competitive for the market place

  3.  

    lackluster

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

    I have been working at Wintrust Mortgage full-time (more than 10 years)

    Pros

    excellent closing and condo departments

    Cons

    poor management up and down the chain. most processors are inefficient. too many overlays. early default and early pay off commission pull-backs. company is designed for top producers. too much growth in too short of time. all marketing burden is placed on the loan officer.

    Advice to ManagementAdvice

    get down in the trenches with your front line sales force to really understand what goes on on a daily basis. vast need for better communications.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Great company but my Supervisor showed impartiality when it comes to advancement and promotion.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Support Staff in Rosemont, IL
    Former Employee - Support Staff in Rosemont, IL

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

    Pros

    There is a balance between work and personal life, great benefits, and offer work schedule flexibility.

    Cons

    They don't promote equal pay for equal work. I know one who receives a big salary doing clerical work with a designation of AVP, just to justify the high salary, not to mention also the regular bonuses she receives. Whereas, some people there like me, who do also clerical job but requires more technical know-how and analysis receives way below of what she receives and no bonuses. Instead of rewarding you because of your hard work and dedication, you'r the first one to be laid off without any warning, and after you ironed out tasks messed up by your co-employees. They try to get more from you without any good thing in return. You try to do the thing you think is right and the best but still they don't appreciate what you've done.

    Advice to ManagementAdvice

    Be mindful of the welfare and concerns of your employees especially those who give their best with all honesty, integrity and dedication. Your employees who are deserving recognition and respect are your biggest asset in the Company.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    I have been working at Wintrust Mortgage

    Pros

    I have nothing good to say as of now...

    Cons

    I was placed on the back burner for two months, I was promised every day CTC answers for 3 weeks and never received, my stress level was recorded and BP was high throughout with Wintrust, staff cared nothing for my entire process

    Advice to ManagementAdvice

    Management should really look into hiring staff that are there for buyers first, and to waste time, and energy last. I received minimal feedback/responses from them and it sadden me to of been treated this way.

    Doesn't Recommend
  7.  

    GREAT

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

    I worked at Wintrust Mortgage full-time (more than a year)

    Pros

    great people to work with

    Cons

    management always passing the work off so they want have to deal with the issues. no one really addresses issues

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Wintrust is a great company to work for

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

    I worked at Wintrust Mortgage

    Pros

    great company to work for

    Cons

    need to lower their credit scores and have more programs

    Recommends
    Approves of CEO
  9.  

    Has some room to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant
    Former Employee - Administrative Assistant

    I worked at Wintrust Mortgage full-time (more than a year)

    Pros

    It seemed like the company was willing to listen to the employees and consider their ideas and opinions on how to better the company as a whole. The benefits aren't that bad and the compensation was above average.

    Cons

    Their network and system software needs a major upgrade. Constantly lagging and crashing. They should provide better training for all employees.

    Advice to ManagementAdvice

    You really shouldn't be getting rid of your best employees.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Overall good company to work for

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

    I have been working at Wintrust Mortgage full-time (less than a year)

    Pros

    Close culture with people knowing each other as it is small. People try to do their best. Good health benefits.

    Cons

    Limited time off. Some managers don't treat employees well at all.

    Advice to ManagementAdvice

    Take a look at your middle management

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Good teamwork in a stressful, fluid industry

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

    I have been working at Wintrust Mortgage full-time (more than a year)

    Pros

    We kept our team together after prior employer left mortgage business and we came over to Wintrust as a group. Great to have local processing and underwriting, staff all cares, competitive rates and programs.

    Cons

    Like most lenders, we cut staff when volume slows, which can lead to processing delays. Wish we had a bit more patience when it comes to reducing staff hours.

    Advice to ManagementAdvice

    IT and marketing "tickets" are usually a black hole. Getting simple things accomplished through either department requires excessive effort. Wish our comp levels would increase slightly as overall loan volume drops.

    Recommends
    Neutral Outlook
    Approves of CEO

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