Fairway Independent Mortgage Reviews | Glassdoor

Fairway Independent Mortgage Reviews

Updated August 19, 2017
81 reviews

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3.7
StarStarStarStarStar
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Recommend to a friend
Approve of CEO
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Paul Walnick
53 Ratings

81 Employee Reviews

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Pros
Cons
  • I have no cons for this company (in 3 reviews)

  • To many to list but if you join this company NEVER cross or question ANY of the good old boy's (in 2 reviews)

More Pros and Cons

  1. "Loan Officer Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer Assistant
    Current Employee - Loan Officer Assistant
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    •My branch/team feels like family.
    •Our successes are celebrated with an emphasis on the principal that every team member contributes to the success of all.
    •The company culture is focused on positivity, growth and encouragement.
    •Fairway has many benefits (outside of the normal health benefits) related to helping their employees continue to enhance their work/life balance.
    •It was made clear to me from the beginning that I will have the opportunity to grow within the company and have seen others within the branch do so.
    •My team is continually striving to make the mortgage process better for all parties involved; no input or suggestion is discounted.

    Cons

    •Healthcare here can be expensive, but with large companies which need to take all of their employees with different needs and families into account, the "best option for the most people" idea is implemented. Also, benefits are not "all or nothing", so you can tailor your enrollment to your needs as much as possible.
    •There are so many online training videos that initially it can be hard to get through them all. However, this is also a PRO because they have enormous online resources for about every topic you can imagine that you can take courses on if you need or want to know more about other roles or procedures at Fairway, as well as things like the MS Office Suite, etc.


  2. "Loan Officer"

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

    I have been working at Fairway Independent Mortgage full-time

    Pros

    Great support, lots of tools to take your business to the next level, a company that truly cares about it's customers and employees.

    Cons

    This is the best mortgage company I have worked for.

  3. "Eh, it's alright"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fairway Independent Mortgage full-time

    Pros

    Overall very friendly culture and helpful people.

    Cons

    Not a lot of PTO given out and few holidays


  4. "Product Training Team Lead"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Training Team Lead in Plano, TX
    Current Employee - Product Training Team Lead in Plano, TX
    Approves of CEO

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

    Pros

    Love my manager and the team relationship.

    Cons

    Health Insurance Cost is high.


  5. "Sold a bag of goods"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Loan Officer
    Former Employee - Senior Loan Officer
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Fairway Independent Mortgage full-time (Less than a year)

    Pros

    Company closes loans almost like the underwriters never even look at conditions which was nice.

    Cons

    If you ever have a conflict with a supervisor or Area Manager don't bother going to HR or senior management it will get you nowhere but out the door. Company views things one sided. Company is so focused on becoming #1 they dont seem to care who they hire anymore.

    Advice to Management

    Get more involved and actually make an attempt to help employees out when in need. Get back to caring about who is reresenting your company.


  6. "marketing"

    StarStarStarStarStar
    Current Employee - Marketing
    Current Employee - Marketing

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

    Pros

    Flexibility, book of the month, employee events

    Cons

    Limited growth and career potential


  7. Helpful (4)

    "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology Analyst in Carrollton, TX
    Former Employee - Technology Analyst in Carrollton, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Fairway Independent Mortgage full-time (More than a year)

    Pros

    Nice building, Some nice people, Learning experience for awhile

    Cons

    Male-dominated (good ole boy system), promises made at hire (work from home) taken away, hire based on who you know & not what you know, sickening use of "humble" when mgt is far from it, promotions from outside regardless of dues paid, cheesy motivational talks & books shoved down your throat, personality testing

    Advice to Management

    Have some ethics, promote from within, treat women fairly, keep promises used to get people on-boarded

  8. "Sales Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Fairway Independent Mortgage full-time

    Pros

    Outstanding corporate culture, starting with the CEO and through the entire company.

    Cons

    Encompass Origination Software lacks user ease, takes some time to get familiar with.


  9. "post closing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Escrow Holdback Specialist in Madison, WI
    Former Employee - Escrow Holdback Specialist in Madison, WI
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Fairway Independent Mortgage (Less than a year)

    Pros

    Good people a nice company

    Cons

    Don't give you a chance to move up

    Advice to Management

    should promote within more.


  10. Helpful (2)

    "The Sky is The Limit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Loan Officer in Boston, MA
    Current Employee - Senior Loan Officer in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fairway Mortgage is a team environment where it’s easy to scale your business.
     In 2013 my production was 14 million, 2014 19 million, 2015 40 million, 2016 63 million and in 2017 on pace for 85 million 92% purchase. Fairway Mortgage invests in people and has a great training and coaching program.

    I am opening a branch on Newbury Street in Boston July 2017. Most companies would never let a loan officer get promoted because the departure would hurt the current branch manager. I know realize with Fairway the sky is the limit.

    Fairway is an employee owned company so people everyone has tremendous respect for each other. Being an employee owned company Fairway can never be acquired so you dont have to stress about the future. There is no greed at the top so the generosity trickles all the way down.

    Cons

    My business has really scaled so sometimes I get stressed . Its not Fairway fault, its just called my business is growing. Fairway is always there to help me.

    Advice to Management

    Keep up the great work


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