Bay Equity Reviews | Glassdoor

Bay Equity Reviews

Updated October 6, 2017
14 reviews

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3.8
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Brett McGovern
9 Ratings

14 Employee Reviews

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  1. "Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Processor
    Current Employee - Loan Processor
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bay Equity full-time (Less than a year)

    Pros

    Great company takes care of employees

    Cons

    Can't work from home


  2. "Funder"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bay Equity full-time

    Pros

    -people were generally good overall

    Cons

    -some incompetent middle managers
    -lack of prof dev. / growth

  3. "Sr MLO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Recommends
    Approves of CEO

    I have been working at Bay Equity full-time

    Pros

    love this company and management team

    Cons

    no comments to document here


  4. Helpful (1)

    "They are the best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - AREA SALES MANAGER in Sedona, AZ
    Current Employee - AREA SALES MANAGER in Sedona, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bay Equity (More than 5 years)

    Pros

    They believe in teamwork and supporting their employees. These are the finest people I have ever worked for. I can't imagine being in the mortgage business with anybody else.

    Cons

    You might find slightly better pricing elsewhere at the cost of customer service and hostile underwriting.

    Advice to Management

    Keep up the good work!


  5. Helpful (3)

    "Loan Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bay Equity full-time

    Pros

    Friendly team oriented work environment. Very competitive with other mortgage lenders and is focused on customer service.

    Cons

    Loan officers roles are unmanaged and leads to an environment where other positions are managed not just by management, but by all officers. Elitist attitude towards other positions.


  6. "Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations in Remote, OR
    Current Employee - Operations in Remote, OR
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bay Equity full-time (More than 3 years)

    Pros

    Great family atmosphere and solid values/vision. The talk is walked daily. Senior management always works hard to be fair and equitable - there is clear communication about expectations and significant positive reinforcement. This is a challenging business - what a pleasure it is to work with competitive team members - who have your back first - and focus on delivering the best possible results each day. Solid positive leadership. Those who look for solutions instead of pointing fingers are found at Bay. Best company I have worked for in 39 year career.

    Cons

    None at this time - thank you.

    Advice to Management

    Keep on communicating and providing career training/opportunities for your team members. Keep celebrating our successes and focusing on the positive.


  7. Helpful (2)

    "Wholesale retail processor"

    StarStarStarStarStar
    Former Employee - Wholesale/Retail Senior Processor/Junior Underwriter in San Francisco, CA
    Former Employee - Wholesale/Retail Senior Processor/Junior Underwriter in San Francisco, CA

    I worked at Bay Equity (Less than a year)

    Pros

    Processed all wholesale and retail
    Loans

    Cons

    Lack of communication with team. Elementary games within team!

  8. "Good Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in San Diego, CA
    Former Employee - Administrative Assistant in San Diego, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bay Equity full-time (Less than a year)

    Pros

    Hands on training with attention to detail or specific needs. Privately owned

    Cons

    They will monitor your every action via their computers so if you feel like surfing the web this is probably not the job to do it with.


  9. Helpful (1)

    "MLO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Costa Mesa, CA
    Former Employee - Loan Officer in Costa Mesa, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bay Equity full-time (More than a year)

    Pros

    Family oriented atmosphere, always helpful and constant training.

    Cons

    Rates are not competitive compared to other lenders.

    Advice to Management

    none


  10. Helpful (6)

    "Run!! SR UW let go for no reason--"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Mortgage Underwriter in Remote, OR
    Former Employee - Senior Mortgage Underwriter in Remote, OR
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bay Equity full-time (Less than a year)

    Pros

    Nothing they are deceptive-- They will promise you the world and I can't think of 1 promise they delivered. It's a negative place and very shady- don't waste your time.

    Cons

    I watched 3 people including myself get let go after being told they were doing great in training! No warning nothing-- shady company-- Mgmt is awful and there is a reason they pay underwriters well-- they can't keep them! If you won't sell your soul your out!

    Advice to Management

    It's a small industry-- doing people dirty will bite you-- I received calls from 2 people this week-- you really did them wrong shame on you.


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