Caliber Home Loans Reviews | Glassdoor

Caliber Home Loans Reviews

Updated December 11, 2017
203 reviews

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3.1
StarStarStarStarStar
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Sanjiv Das
63 Ratings

203 Employee Reviews

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Pros
Cons
  • No work life balance, no upward mobility (in 6 reviews)

  • The typical cyclical challenges of being in the mortgage industry (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Assistant in Seattle, WA
    Current Employee - Mortgage Loan Assistant in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Mortgage lending only so you work at your own pace or that of your manager. Your pay and success is based on your production so it's easy to stay motivated. Provides all necessities to work in a stable and comfortable environment and all of the tools to originate quality loans, without the senseless corporate hassles and stresses of big banks.

    Cons

    Position mobility is fairly limited especially if you're working in production (loan officer, assistant, etc.) - put in your time and keep your numbers strong and you can move up if you want to.

    Advice to Management

    Keep it up, lots of great things happening and motivated employees. Maybe play a slightly more prominent role in branch involvement and potential career growth!


  2. "Valuation Analyst"

    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 Caliber Home Loans full-time

    Pros

    Great work / home balance

    Cons

    recent layoffs across the company

  3. "Management and HR"

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

    Pros

    The company offers competitive pay and advancement opportunities

    Cons

    The HR and Management is not very competent. They do not do their jobs according to company policies.

    Advice to Management

    Take management courses. Investigate HR and Management. The regular employees work hard but the people running things are not legit.


  4. "Former employee"

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

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

    Pros

    Upper management is transparent and encourage growth.

    Cons

    Underpaid employees even though it is brought up in every townhall wages still are low

    Advice to Management

    Increase employee wages. Maybe then the valuable educated employees will not leave for a higher paying job


  5. "Great place with great peopl"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Asset Manager and Repair Specialist in Irving, TX
    Former Employee - Asset Manager and Repair Specialist in Irving, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Caliber Home Loans (Less than a year)

    Pros

    Leadership, the people that not only become team mates but also friends

    Cons

    Culture, I felt there really was no specific culture to the company

    Advice to Management

    The company was going through a lot of change and managing change is difficult. I feel the SVP (of CRES) was able to not only keep the mission moving forward but was also able to keep the team focused...no small task and I do not think anyone could do it as well as he has. I think better communication is always a good thing.


  6. "Overall a great Mortgage company to have & to be employed by"

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

    I worked at Caliber Home Loans full-time (More than 5 years)

    Pros

    The management team is outstanding, caring, and encouraging.

    Cons

    Not everything is Transparent and not all opportunities for training & personal growth are available to all employees.

    Advice to Management

    Please don't hold back from employee growth with training opportunities


  7. Helpful (1)

    "Overworked and underpaid"

    StarStarStarStarStar
    • 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 Home Loans full-time (More than 8 years)

    Pros

    Great people, location, and opportunity for growth

    Cons

    once you develop to higher management work non-stop for little pay. Bonus is not guaranteed and you will always need to wonder if your getting laid off because they did not hit budget

    Advice to Management

    stop over hiring people so you don't have to do massive layoffs also follow through with true one on one monthly reviews and better pay

  8. "Funder/Doc drawer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Funder/Doc Drawer in Lake Elsinore, CA
    Former Employee - Funder/Doc Drawer in Lake Elsinore, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Caliber Home Loans full-time (More than 10 years)

    Pros

    Good training program. Fair pay scale

    Cons

    I was a Banc employee that was acquired by Caliber. Banc employees were laid off


  9. "Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Processor
    Former Employee - Loan Processor
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Caliber Home Loans full-time (More than a year)

    Pros

    They want to close loans

    Cons

    Management is the same as it is at any other mortgage company


  10. "fun to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Relationship Manager in Fairfax, VA
    Former Employee - Client Relationship Manager in Fairfax, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Caliber Home Loans full-time

    Pros

    fun to work for, no micromanaging, friendly working environment

    Cons

    constant policy changes on correspondent loans


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