Impac Mortgage - Beware! | Glassdoor
There are newer employer reviews for Impac Mortgage
There are newer employer reviews for Impac Mortgage

See Most Recent

Helpful (1)

"Beware!"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Loan Officer in South Gate, CA
Current Employee - Loan Officer in South Gate, CA
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at Impac Mortgage full-time (More than a year)

Pros

Great health insurance, great marketing department

Cons

The rates are way out of the market, the overlays kill deals. There are lots of politics going on in upper management.

Advice to Management

You have built a great company and your product is too hard to sell. I recommend that you back off on buying more Bugatti's (hint: the most expensive car in the world) and stop being so greedy with your own paychecks, and make your rates competitive and your product worth sticking around for... have heard you have a hard time keeping good talent.

Other Employee Reviews for Impac Mortgage

  1. Helpful (1)

    "Running without a clue!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Portfolio Manager in Irvine, CA
    Former Employee - Portfolio Manager in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Impac Mortgage full-time (More than 3 years)

    Pros

    Health benefits and location are ideal.

    Cons

    Everything and especially the management. Lack of experience and maturity. Management by fear. The AVP of Portfolio Management is probably the worst person I have ever worked with. Lots of lying and threats.

    Advice to Management

    Hire someone that actually knows how to manage people. The AVP in Portfolio Management is a walking HR violation. Requiring OT but not allowing you to clock it. Constantly threatening your job.


  2. "Regional manager"

    Star Star Star Star Star
    • Comp & Benefits
    Current Employee - Regional Manager in Irvine, CA
    Current Employee - Regional Manager in Irvine, CA

    I have been working at Impac Mortgage full-time (Less than a year)

    Pros

    Good people, diversifying, strong corporate culture, good benefits

    Cons

    Some politics in certain departments

    Advice to Management

    Keep communication open, exercise transparency and be proactive

There are newer employer reviews for Impac Mortgage
There are newer employer reviews for Impac Mortgage

See Most Recent

Work at Impac Mortgage? Share Your Experiences

Impac Mortgage
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or