Cardinal Financial Company Employee Reviews about "loan"

Pros

It's been a great company for me and my lifestyle. I came from a very large lender that was very demanding and had a terrible comp plan. I have a young son and wife and this schedule works for me and my family. The comp plan is very fair and I have an opportunity for bonuses on a monthly basis and extra funds for loans I get on my own. Great people. Great atmosphere.

Cons

Location is the only con for me. I live on the west side of town so its a little more of a drive than I would prefer.

Pros

1) Compensation plan is outstanding. If you are a decent salesman/saleswoman, you WILL get paid handsomely. 2) Contrary to a negative review I read from 5 weeks ago, the technology is bar none. Cardinal is the sole proprietor/creator of a loan processing software system that is the definition of cutting edge. 3) The work ethic and caliber of fellow Loan Officers positively promotes solid friendships as well as a contagious competition - that ultimately bolsters everyone's bottom line. 4) Probably should be at the top of the list, but the flexibility you're afforded is excellent. I go to the gym for ~1 hour 3-4 days a week in the middle of the work day - no questions asked. 5) Of the four employees I've recruited here over the past 2 years, all of them are still gainfully employed. I guess the "Pro" is that you can infer that the reason they're still gainfully employed is because they are thriving financially and generally HAPPY - which is perhaps the most important aspect of a job.

Cons

1) For those familiar with the mortgage industry - specifically a loan officer - there is always the dilemma of processing turn around times. As a loan officer, it ALWAYS seems "the loan should close more quickly", or "could be more efficient". But the question is relative in nature: compared to what? I think you'd be hard-pressed to find a company that routinely closes a refinance in less than 4 weeks.

Pros

After several years of working for the sweat shop type lender, a buddy of mine told me about CF. I was hesitant at first but I saw how my friend was living his life to the fullest. Naturally I gave it a chance. The Pros: Everyone in the company is there to help and to work side by side to make money. The best senior management I have been ever been around. Every leader in Scottsdale AZ is some of the most impressive and professional group of people i have ever worked for. Flexible work schedule The easiest Software Platform I have ever seen. Most companies has to use more than one system to originate a loan and effectively get pricing. Very fun, adult like culture.

Cons

There is not anything. I am blessed for this opportunity.

Pros

40 hour work week, Monday through Friday. Great benefits and vacations. Proprietary software for CRM and processing and underwriting. The ability to manually underwrite loans. True ability to customize loan terms with tons of loan programs and specific terms like 17 or 23 year loans and etc. Down payment assistance available in some states. Self Gen Referral loans receive a bonus. Tons of marketing support, business cards, fliers, swag, realtor material, social media info and etc.

Cons

No company is perfect but I honestly can not think of any cons. We ran out of paper plates in the break-room for about a day last week. I think that is it :).

Pros

Cardinal Financial Consumer Direct has implemented a playbook which helps salespeople from any industry become great Loan Officers. Our technology is stare of the art, management is rowing in the same direction, and we have a real TEAM environment.

Cons

Sales can be stressful but VERY rewarding at the same time.

Pros

1. good work-life balance. 2. Sr Bps pay is always a nice little kicker should keep it going instead of stopping 3. The Loan origination system is innovative.

Cons

1. It's a sales job so end of the month is always stressful. 2. There can be a disconnect from sales/ and processing ( not everyone is on the same page)

Pros

Ultimately a great company. With any company, there are going to be things you don't like. But Cardinal is the best job I've ever had. It's an excellent company to get your foot in the door with as they have a Junior Loan Originator program, in which they train you and pay for all of your licensing. Free lunch/brunch everyday. Great parking. Most of management is extremely approachable and is willing to help. This is a job where you definitely need to know your stuff, but as long as you do your job, there is no micro managing. They provide you non stop leads. Every lead is what you make of it. If you're willing to do the work, even if you don't want to, you will succeed here.

Cons

The training in the JLO department is absolutely excellent. Once you get out of the program, however, the training seems to be somewhat disorganized. You will have a lot of questions. The good news is that management is almost always accessible and willing to help.