Loan Officer - Anonymous employee ZEUSLENDING.COM Employee Review

Great culture and personal enrichment.

N/A no cons that i have noticed.

You will learn different loan products geared towards investments. You will get leads. You will get salary. You will learn basic systems and disclipines.

You will work 12-16hr days but only get paid for 8hr days. Paid and treated like minimum wage W2 employee but they want you to work like a commission based contractor. They want you to be in the office everyday for work that can be done remotely. They will promise you high income if you put in the work but they will deliver low results, as something always seems to get in the way of them actually paying you. The tier structure for you to receive commission pay is a joke, its nearly impossible for you to hit enough volume every month for you to make enough money the next month. Restarts every month. Will pay different commission structures based off of how they feel about you not your experience or credentials. Servicing team is chaos, borrowers have to wait weeks if not months to receives funds for investment projects. Won't do high priced/commercial deals. Borrowers complain that they have the highest fees and interest. Hard to compete with other lenders. Quality of leads are poor, since anyone who has decent credit and common sense can get way cheaper terms practically anywhere else. No one one the sales floor has stayed passed 2 years, thats a sign of a bigger issue. Too many meetings, they want you to stop working with a warm prospect to make cold calls but yet they will fire you for performance.