Working at Impac Mortgage | Glassdoor

Impac Mortgage Overview

Irvine, CA
501 to 1000 employees
1995
Company - Public (IMH)
Finance
$500 million to $1 billion (USD) per year
Rancon, GMAC Mortgage, Aurora Loan Services
Licensed in over 40 states, Impac Mortgage Corp. Wholesale is subsidiary of Impac Mortgage Holding, Inc. (NYSE: IMH). We are a national leader in B2B lending with a long heritage of building successful relationships. Established in 1995, Impac Mortgage Holding, Inc. is a ... Read more

Impac Mortgage Reviews

2.7
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Impac Mortgage Chairman and CEO, Impac Mortgage Holdings, Impac Funding, and Impac Warehouse Lending Group Joseph R. Tomkinson
Joseph R. Tomkinson
21 Ratings
  • "Job satisfaction declining rapidly over past year"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Multiple Positions in Irvine, CA
    Current Employee - Multiple Positions in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Impac Mortgage full-time (More than 5 years)

    Pros

    Innovative spirit, approachable senior and executive management, fun events, great co-workers, on-site cafe

    Cons

    High turnover, job instability, insufficient training, inconsistency and poor communication of workflows and standards, lack of resources for workload or initiatives, replacement of critical subject matter experts with cheaper, less qualified resources, sending everything Offshore, loss of the "Impac Family" vibe

    Advice to Management

    When taking risks or switching gears, more time and analysis is needed prior to jumping in with both feet. Unwinding projects and losing valuable resources is more costly than taking the time up front during decision making to make sure it makes sense. Listening to the seasoned employees working on the front lines and in the trenches would serve the company well - there have been multiple scenarios where the consensus was "we knew this was going to happen".

See All 41 Reviews

Impac Mortgage Photos

Impac Mortgage photo of: Outside IMPAC Building
Impac Mortgage photo of: IMPAC Main Office Building
See All PhotosSee All

Impac Mortgage Interviews

Experience

Experience
50%
50%
0%

Getting an Interview

Getting an Interview
50%
50%

Difficulty

2.0
Average

Difficulty

Hard
Average
Easy
  1. Helpful (1)  

    Portfolio Manager Interview

    Anonymous Employee
    Accepted Offer

    Interview

    Easy to get hired. No formal training in place.

    Interview Questions

    • Are you willing to work OT without claiming it?   1 Answer

    Negotiation

    I was desperate.

See All 3 Interviews

Impac Mortgage Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add Awards

Impac Mortgage Locations

Work at Impac Mortgage? Share Your Experiences

Impac Mortgage
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or