Caliber Funding Reviews | Glassdoor

Caliber Funding Reviews

36 reviews

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3.2
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Jim Ferriter
12 Ratings

36 Employee Reviews

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  1. Helpful (4)

    "Very frustrating experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tucson, AZ
    Current Employee - Anonymous Employee in Tucson, AZ
    Doesn't Recommend

    Pros

    With so many dead and struggling mortgage companies, someone is bound to fill the gap. With the money behind this company, they have as good a chance as anyone.

    Cons

    Seem to be stuck in old modes of doing business and won't listen to suggestions about how the market has changed from a consumer's perspective. Everything is run from an internal, metrics driven, non-personalized position. It makes sense from where the accountants sit, sure. But in the end, you are dealing with a sales force that has to convince wary consumers that this new, unknown company has something special and different to offer... and that seems to be lost on management because dealing with the realities of real people instead of just numbers on a spread sheet is not as 'efficient' as possible.

    Advice to Management

    Listen to the people who have experience in the field, and try applying something besides 'black belt metrics' to the equation of how to make things successful.


  2. Helpful (3)

    "Lost, no purpose and no direction - lots of high dollar execs though"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend

    Pros

    Good HR and Benefits. Great to have a rich parent company.

    Cons

    No leadership and direction. Hedge fund company casulty ... Horrible culture and poor product and comp plan options. If your here, then your lost and you don't know your way to a better option.

    Advice to Management

    Sit down and find out what you want to be and then invite people to trust their careers with you. Just simple curteousy. And, it means your now a mature adult when you do things like that.


  3. Helpful (4)

    "Horrible place to work!! Need to get out ASAP"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irving, TX
    Current Employee - Anonymous Employee in Irving, TX
    Doesn't Recommend

    Pros

    Benefits are pretty good compare to others

    Cons

    Work hours are crazy, 55 - 60 hours week, they expect people to have no life. Managers are in it for themselves you are just a stepping stool, if you want a career, this is not the place! Horrible!


  4. Helpful (3)

    "Lack of culture and leadership"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Technical Support in Tucson, AZ
    Former Employee - Technical Support in Tucson, AZ

    I worked at Caliber Funding full-time (More than 3 years)

    Pros

    Good benefits for a mortgage bank

    Cons

    Leadership constantly being replaced, lack of strategic direction, not profitable to date, mercernarial inl hiring and firing employees no sense of loyalty weak brand.

    Advice to Management

    Need to establish a winning culture that is results oriented. Need to allow time for changes to develop and not make knee jerk decisions.


  5. Helpful (3)

    "STAY AWAY FROM THIS COMPANY!!!!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irving, TX
    Current Employee - Anonymous Employee in Irving, TX
    Doesn't Recommend
    Negative Outlook

    I have been working at Caliber Funding full-time (More than a year)

    Pros

    Nothing positive - stay away from this company by all means!!!

    Cons

    Bad management thus high turnover rate. Also, unethical management who lie, mislead, and mistreat workers verbally. Investigation should be led by outside agency to uncover the filth and unscrupulous, and illegal acts management is a part of scheming up. Minorities are marginalized and paid less than white co-workers for the same work. Not a great place to work at all.

    Advice to Management

    Fire current management and hire smart, proven, successful, visionary leaders of all races and experiences.


  6. Helpful (1)

    "Do Not Waste Your Career At Caliber Funding"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Irving, TX in Irving, TX
    Current Employee - Irving, TX in Irving, TX
    Doesn't Recommend
    Negative Outlook

    I have been working at Caliber Funding full-time (Less than a year)

    Pros

    none at from what we see.

    Cons

    The company is bad on so many levels. Leadership can not be trusted at this place. Most everyone I speak with daily agrees that they will say anything to get what they want.

    The company is not fun. The down economy is the only reason I am still here.

    Leadership will lie to your face and talk about you behind your back quickly and expect you to trust them the next time around. If I only had finished my schooling or my degree and had any other options I would not work for Caliber Funding.

    Do not work for aliber Funding please it is an awful experience and waste of my career move and would be a waste of your career too. Caliber Funding is not a place a successful person or any person with good sense in the industry to work.

    Advice to Management

    None


  7. "Join if you are badly in need of job and no one is hiring you"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at Caliber Funding full-time (More than a year)

    Pros

    May be some cool people. don't really have good experiences to share

    Cons

    - Very bad senior and mid level management.
    - Most of the managers and above are joke on the title and don't know anything about the management
    - very small company with bad and a lot of politics
    - company has no culture even companies with bad cultures have some culture
    - its a fund from loan star who buys trouble companies and sell them after making them profitable.
    - check how many CEOs have the company changed in last 4 years and you would understand the picture
    - you would hear few names very often and most of them can't even get job anywhere else

    Advice to Management

    First and foremost, get some education, then learn to manage and understand the realities that most of the people work for you only because they need a job


  8. "Disappointing experience overall, happy to have left"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    Pros

    Good Benefits, some good people

    Cons

    Lack of commitment from Operations, high rates


  9. Helpful (1)

    "Horrible Company EVER"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Caliber Funding (More than a year)

    Pros

    Great pay but not worth the stress

    Cons

    Hostile environment, awful management, no culture

    Advice to Management

    Hire experienced leadership rather than "good'o boys club"


  10. "Company not honest with its employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Post- Closing Analyst in Irving, TX
    Former Employee - Post- Closing Analyst in Irving, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Caliber Funding full-time (Less than a year)

    Pros

    Good healthcare benefits.
    Was able to work on a schedule that suited me

    Cons

    Management reluctant to promote from within.
    You can have a degree and work below your experience level
    Company was bought out, but management was not honest about organizational changes

    Advice to Management

    Be more honest about what job really entails and be open to promote from within especially for people whose skills sets have outgrown the job function.


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