Impac Mortgage Reviews | Glassdoor

Impac Mortgage Reviews

Updated April 8, 2017
36 reviews

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Full-time Part-time

2.4
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Impac Mortgage Chairman and CEO, Impac Mortgage Holdings, Impac Funding, and Impac Warehouse Lending Group Joseph R. Tomkinson
Joseph R. Tomkinson
18 Ratings

36 Employee Reviews

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  1. "Executive Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Redondo Beach, CA
    Former Employee - Anonymous Employee in Redondo Beach, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Impac Mortgage (More than a year)

    Pros

    This is a great and steady company. Great work/life balance.

    Cons

    I do not have any cons for this company at all.


  2. "Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative
    Current Employee - Sales Representative
    Recommends
    Positive Outlook

    I have been working at Impac Mortgage full-time (More than 3 years)

    Pros

    Highly competitive comp plan, outstanding benefits, accessible senior management, friendly employees, career growth opportunity, excellent training and sales support

    Cons

    Upgrades in technology needed and IT tickets often take too long. CRM system needs to be changed.


  3. "Fun place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Developer in Irvine, CA
    Former Employee - Senior Software Developer in Irvine, CA
    Recommends

    Pros

    Great people and flexible work environment.

    Cons

    Downsized and reduced staff considerably as part of the Mortgage meltdown.


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  5. "Regional manager"

    Star Star Star Star Star
    • Comp & Benefits
    Current Employee - Regional Manager in Irvine, CA
    Current Employee - Regional Manager in Irvine, CA

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

    Pros

    Good people, diversifying, strong corporate culture, good benefits

    Cons

    Some politics in certain departments

    Advice to Management

    Keep communication open, exercise transparency and be proactive


  6. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer
    Current Employee - Loan Officer
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good benefits and a quality pay plan although 100% commission. Flexible schedule.

    Cons

    Corporate Management seems to have no direction and does not communicate well.

    Advice to Management

    Adapt to the changing environment.


  7. "Good team spirit"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irvine, CA
    Current Employee - Anonymous Employee in Irvine, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Good working environment allowed to work on own projects

    Cons

    some lack of direction from senior management.

    Advice to Management

    Give more guidance and be more transparent when making decisions that concern the staff.


  8. "Software Tester"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software QA Analyst in Orange, CA
    Current Employee - Software QA Analyst in Orange, CA
    Recommends
    Approves of CEO

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

    Pros

    Friendly work environtment, good manager, team support each other.

    Cons

    Nothing cons at this time yet


  9. "Good place"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good 401 k benefits and hourly

    Cons

    not enough opportunity to move up


  10. Helpful (1)

    "The staff at Impac is upbeat and friendly"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Lake Oswego, OR
    Former Employee - Loan Officer in Lake Oswego, OR
    Approves of CEO

    Pros

    Impac have some very knowledgeable people working for them that have been in the industry for a long time and are creative in the marketplace. They are growing and diversifying

    Cons

    communication between management and employees could be better. with the expansion of the company it seems like there is a lot of confusion.

    Advice to Management

    keep adding programs and supporting the loan officers. maintain the level of professionalism that has got you where you are


  11. "Impac mortgage in Irvine"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriting in Irvine, CA
    Former Employee - Underwriting in Irvine, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Company pays pretty good salaries

    Cons

    Company has a big turnover rate

    Advice to Management

    Figure out your projections and try to be more accurate so you don't have to have layoffs


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