Fairway Independent Mortgage Loan Processor Reviews | Glassdoor

Fairway Independent Mortgage Loan Processor Reviews

Updated Sep 28, 2018

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Found 6 reviews

2.1
StarStarStarStarStar
Rating TrendsRating Trends
0%
Recommend to a Friend
0%
Approve of CEO
Steve Jacobson
3 Ratings
  1. Helpful (1)

    "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Junior Loan Processor in Harlingen, TX
    Recommends
    No opinion of CEO

    I worked at Fairway Independent Mortgage full-time for more than a year

    Pros

    Lots of support from corporate. Most competent and friendly co-workers I've ever had.

    Cons

    High stress industry some don't handle it as well as others

    Fairway Independent Mortgage2013-11-12
  2. "Great support for mortgage lenders."

    StarStarStarStarStar
      Former Employee - Mortgage Loan Processor 
      Doesn't Recommend
      Neutral Outlook
      Disapproves of CEO

      I worked at Fairway Independent Mortgage full-time for more than a year

      Pros

      On the cutting edge of mortgage lending They support veterans with a non-profit

      Cons

      Management can be very impulsive in decision making. Main form of communication is email, it can be overwhelming.

      Fairway Independent Mortgage2018-08-30

      Fairway Independent Mortgage Response

      September 21, 2018National Recruiting Manager

      Thank you for your valued feedback. We understand it is crucial for management to not only strive for speed to respond, but to take the time to make strategic decisions with awareness of such decision’s impact. Your feedback will be shared with our training team for manager coaching. ...

      Show More
    • Helpful (1)

      "loan processor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Loan Processor 
      Doesn't Recommend
      Disapproves of CEO

      I have been working at Fairway Independent Mortgage part-time for more than 3 years

      Pros

      Great underwriting and support from IT

      Cons

      Need to control your branch managers All they care about is their salary. Will cut your hours so no benefits and expect you to still work full time while collecting partial unemployment which is against the law No sense in filing complaint in HR because nothing will happen. Suggest you go directly to the state labor dept

      Advice to Management

      Be a REAL mortgage company and take away the power you give to branch managers and take over payroll so you are paid the hours you work

      Fairway Independent Mortgage2018-09-28
    • Helpful (2)

      "Be Wary"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Loan Processor in Irvine, CA
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I worked at Fairway Independent Mortgage full-time for less than a year

      Pros

      decent corporate IT and training support

      Cons

      branch offices have too much flexibility. everyone in the office that I worked was working overtime hours and were not allowed to claim those hours on their timesheet. was not paid-out on final commissions. Was forced to report their branch office to the Labor Standards Enforcement for unpaid overtime and commissions, retaliation, and more.

      Advice to Management

      corporate office seems to have an understanding of how the company should run, but there's a lapse in accountability for branch locations. the corporate office seems to reap the benefits of plausible deniability when the branch offices are cutting corners.

      Fairway Independent Mortgage2018-09-26
    • "Fast underwriting turn-times"

      StarStarStarStarStar
        Current Employee - Loan Processor in Plano, TX

        I have been working at Fairway Independent Mortgage full-time for more than a year

        Pros

        Can get loans closed in 12-21 days

        Cons

        Expensive Health Insurance - Don’t like the new training website as much as the old one.

        Fairway Independent Mortgage2018-07-20

        Fairway Independent Mortgage Response

        August 2, 2018Recruitment Sourcing Specialist

        Thank you for the feedback! Our Benefits department has been made aware of this for process improvement.

      • Helpful (3)

        "A Company That Allows You to Grow"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Mortgage Loan Processor in Walnut Creek, CA
        Doesn't Recommend
        Positive Outlook
        Disapproves of CEO

        I have been working at Fairway Independent Mortgage full-time for more than a year

        Pros

        Large corporate support staff and advanced technological platforms.

        Cons

        Disconnect between corporate and branches that led resentments.

        Advice to Management

        Listen to the employees in the field and listen to their suggestions to increase efficiency and overall moral.

        Fairway Independent Mortgage2017-09-28
      Found 6 reviews