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Mortgage Processing Group

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Chaotic work environment - Loan Processor Mortgage Processing Group Employee Review

3.0
Jul 13, 2022
Recommend
CEO approval
Business Outlook

Pros

Really friendly and playful management. Great co workers

Cons

Disorganized, not fully transparent during hiring about income expectations. I went three months without making any money at the beginning.

Explore other reviews about Mortgage Processing Group

3.0
May 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Built great relationships with loan originators and brokers

Cons

Below average split for compensation

1.0
May 13, 2025
Recommend
CEO approval
Business Outlook

Pros

- Supportive Management But that’s about it.

Cons

- there is no procedure in place when a check is not received in time after closing..check not received, you don’t get paid - 40/60 split is not enough. You will need to work your behind off to make a living - high turnover; it’s half good and half bad, when someone leaves, you have access to more accounts which means more files if you have the bandwidth but then that also means that now you have to work twice as hard to make sure that you keep that account happy because more than likely that account has already been switched around 2 or more times. - no work life balance / literally working all hours of the night to HOPEFULLY close and HOPEFULLY get paid. - don’t get paid on files worked. There is a set fee that gets paid for low producers with high cancellation/denial ratios but it takes one quarter to make that determination so you’re basically working for free for those accounts

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