Equity Prime Mortgage Reviews | Glassdoor

Equity Prime Mortgage Reviews

Updated November 15, 2017
12 reviews

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2.8
StarStarStarStarStar
Rating TrendsRating Trends
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Approve of CEO
Equity Prime Mortgage CEO KP Patel
KP Patel
7 Ratings

12 Employee Reviews

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  1. "Equity is a great place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Postclosing Manager in Atlanta, GA
    Former Employee - Postclosing Manager in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Equity Prime Mortgage full-time (More than a year)

    Pros

    Management listens to suggestions and genuinely seems to care about employees and their concerns.

    Cons

    Since they have grown so quickly they are still developing procedures to make the flow better. But they do acknowledge that they need to improve so that is good.


  2. "Bad company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Processor in Orlando, FL
    Current Employee - Mortgage Loan Processor in Orlando, FL
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Equity Prime Mortgage full-time

    Pros

    No pros... total disappointment

    Cons

    This company has no loyalty with his employees, every employee is a slave and can easy be replace. I will not recommend this company.
    The manager said one thing and do other.

  3. "Run!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Grunt
    Former Employee - Grunt
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Equity Prime Mortgage full-time (More than a year)

    Pros

    some good people work there. Unfortunately they are not appreciated.

    Cons

    I have never been bait switched as bad as this company. Owners are extremely financially irresponsible at the cost of hundreds of laid off employees over the past 2 years. It is pretty clear to everyone that the 2 owners are in a power struggle with each other. At any other reputable company both of these gentlemen would be low level management at best. The underwriting department is a total train wreck. Onbording experience was a running joke within the company. Onboarding team is totally inexperienced in their field. Company definitely has a negative name on the market. Run!

    Advice to Management

    Grow up and hire responsible senior management. Get rid of the politics and totally rebuild the onboarding team.


  4. "Working at EPM is very rewarding"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Equity Prime Mortgage (Less than a year)

    Pros

    Wonderful company -management cares about the employees. The company overall dynamic can be described as not only fun and hardworking but also very diverse and culturally aware.

    Cons

    Enjoy my job and working here, so not much to say...

    Advice to Management

    Thanks for the breakfasts on Fridays and company outings - shows you care!


  5. "Processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Prcosseor in Orlando, FL
    Current Employee - Prcosseor in Orlando, FL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Equity Prime Mortgage part-time (More than 5 years)

    Pros

    Free lunch only at the end of the month they want to produce results

    Cons

    They are very do not consider hard working employees . Apparently we are all the Replaceable no loyalty whatsoever

    Advice to Management

    How about stop giving away money for free and instead try to run a profiable office where we all are re ward including the people that really make the money. Promise loyalty and not give it is a super con


  6. "Untrustworthy and Unethical"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Loan in Virginia Beach, VA
    Former Employee - Mortgage Loan in Virginia Beach, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Equity Prime Mortgage full-time (Less than a year)

    Pros

    None that i can think of

    Cons

    They'll steal your money if you're a loan officer.

    Advice to Management

    How do you sleep at night?


  7. "Wholesale Account Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    It was a nice company to work for

    Cons

    Getting laid off from the job

  8. "Client Relations Specialist"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    I worked at Equity Prime Mortgage full-time

    Pros

    excellent company to work with

    Cons

    I have nothing bad to say


  9. "MLO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Georgia in Atlanta, GA
    Former Employee - Georgia in Atlanta, GA
    Doesn't Recommend
    Negative Outlook

    I worked at Equity Prime Mortgage full-time

    Pros

    free lunch sometimes on friday. Underwriters were cool. The office had a gym and cafe.There were some great meetings and xmas parties

    Cons

    CEO was a awful. President was cool. benefits were high and unreasonable, The best thing to do is find a more stable mortgage banker

    Advice to Management

    Focus more on the employee retention and operations. Focusing to much on opening branches and other sites


  10. "No Clue What They Are Doing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Cleveland, OH
    Former Employee - Loan Officer in Cleveland, OH
    Doesn't Recommend
    Negative Outlook

    I worked at Equity Prime Mortgage full-time (Less than a year)

    Pros

    There are no Pros I could give this company, They are so bad they have changed their name from Equity Loans to Equity Prime.

    Cons

    No structure for branches, processing was clueless and uneducated. Leadership was non existent.
    Highest turnover of any mortgage company I have ever seen during my 20+ years in the industry.
    UW changes on every file. no consistency, says they UW to AUS findings but not sure they know how to read to do such.
    Within the first month we knew we made a mistake as a branch joining this company. We were told lie after lie to join.

    Advice to Management

    Get out of the business, or at least just be your own little branch. you have no idea how to run a Nationwide branch operation.


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