Don't Do It! - Mortgage Loan Officer 1st Source Employee Review

1.0
Dec 12, 2017
Recommend
CEO approval
Business Outlook

Pros

None that I am aware of

Cons

Company has hundreds of salaried and less that 10 on 100% commission. The Mortgage Loan Origination position is a scam. The company needs a few extra bodies each summer to filter through the files it IS NOT a sales position. The turn over is extreme, don't believe the hiring manager. This is a scam, they will take allot of your time and you WILL NOT be payed for it.

Explore other reviews about 1st Source

5.0
Feb 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Work/Life balance is good. Annual Raises and pretty consistent. Great work environment and friendly supportive teammates. They are morally and ethically grounded. Somewhat frugal, but will spend money appropriately when needed.

Cons

Health Care could be better.

3.0
Apr 27, 2026
Recommend
CEO approval
Business Outlook

Pros

work life balance is great

Cons

Pay raises are not based on performance

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