RANLife Mortgage Loan Officer Reviews | Glassdoor

RANLife Mortgage Loan Officer Reviews

Updated Mar 17, 2017

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Found 3 reviews

3.1
StarStarStarStarStar
70%
Recommend to a Friend
  1. "Great opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer 
    Recommends
    Positive Outlook

    I have been working at RANLife full-time for less than a year

    Pros

    On the first day that I started working at Ranlife I could already tell that this was an amazing opportunity. The culture at Ranlife is unlike anything that I expected. Everyone that works here treats everyone like they are family and it makes you excited each morning to get up and get into the office. This job is one that you can always push yourself to be the best, and when you are the top producer for the day,... week, or month you are always rewarded for it. This really gives me motivation to do my job to the best of my ability every day. Ranlife has given me so many friends that I am more than grateful for. I am lucky to have the opportunity to work for this amazing company. If anyone is looking for an AWESOME place to start a career, then Ranlife is the place.

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    Cons

    After being here for 4 months there is nothing that sticks out to me.

    RANLife2017-03-17
  2. Helpful (4)

    "A few and far between"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Mortgage Loan Officer 
    Doesn't Recommend
    Negative Outlook

    I worked at RANLife full-time for more than 5 years

    Pros

    They have a nice remodeled building, employee's were great to work with and at the time I was there processing and underwriting were pretty good.

    Cons

    The VP is terrible, he is power hungry and arrogant and if you didn't do exactly what he wanted he would scold you. Extremely unprofessional and vindictive. Employee's especially in sales were not treated equal or as employee's/peoples they were treated as numbers. When a holiday would come they would give operations and management the day off and they would make sales people have to work and if you didn't they... would guilt trip you and make you feel terrible and basically punish you by not allowing you to take leads for a day or two. Their leads were terrible, they market to 0% down payment clients and falsely market "grants" just to get a client on the phone. It takes 6 months or nurturing these clients to get their credit up and get them to a point of even being able to qualify. Their whole business model is to train brand new loan officers so they can keep them at an average production level closing a couple loans a month so the company can reap the benefits since they pay you a small base salary plus give you barely any commissions on your first 3 deals so they benefit if you remain closing 3 or less deals a month.

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    Advice to Management

    Treat your sales staff better. Care about your employee's and actually treat them like human beings not just a profit in your pocket. Fire the VP immediately! Pay your Loan officers better and share the wealth instead of paying management a bunch and sales hardly anything. Treat your seasoned loan officers even better. It's disgusting to see loan officers that have stayed with you for years and they hardly get paid... (compared to other lenders) and show them some respect and loyalty to them since they sure showed it to you!

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    RANLife2017-03-06
  3. Helpful (1)

    "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Mortgage Loan Officer in Sandy, UT
    Recommends
    Neutral Outlook

    I worked at RANLife

    Pros

    Good place to get into the Industry. Flexible schedule.

    Cons

    Stress. Sales quota. Leads. No stability.

    Advice to Management

    Offer a more positive workplace where all employees are valued and paid accordingly not just managers. Offer stability.

    RANLife2017-01-22
Found 3 reviews