Summit Funding Reviews | Glassdoor

Summit Funding Reviews

Updated June 18, 2018
103 reviews

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4.3
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Summit Funding CEO Todd Scrima
Todd Scrima
79 Ratings

103 Employee Reviews

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Pros
  • "Summit offers so much opportunity, training, and promotes a health work/life balance" (in 7 reviews)

  • "The training and the motivational messages show that Summit Funding wants to make sure each employee achieves their own personal best" (in 7 reviews)

Cons
  • "Stress of the mortgage industry is always a factor, but not really a negative against Summit Funding" (in 4 reviews)

  • "Seasoned loan officers don't need to be babysat, we are motivated by commissions income" (in 4 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "Loan Partner"

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

    I have been working at Summit Funding full-time (More than 8 years)

    Pros

    I have worked at Summit Funding since 2002. I was told during my interview that I would have room to learn, grow and advance. A lot of companies say this during the interview process, but don't really mean it. This is what Summit Funding is about; education, growth and advancement. I have been able to explore both the operations side of the mortgage industry and the sales side and have fallen in love with the sales side. I truly enjoy coming to work everyday, not only because of the positive and fun learning environment, but also because of my co-workers. Summit Funding is a great place to work, I'll be her until I retire, if they'll have me.

    Cons

    Stress of the mortgage industry is always a factor, but not really a negative against Summit Funding.

    Advice to Management

    Keep doing what you are doing and keep recognizing employees individually in the branches.

    Summit Funding Response

    Apr 12, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  2. "sales manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Manager in Scottsdale, AZ
    Current Employee - Sales Manager in Scottsdale, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Summit Funding full-time (Less than a year)

    Pros

    coaching, creativity, culture, competitive nature

    Cons

    none, wouldn't change a single thing

    Advice to Management

    keep doing what your doing

  3. "Great company and sales culture"

    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 Summit Funding full-time (More than a year)

    Pros

    Sales Training, Access to Leadership, Great Marketing Team, Competitive Commission

    Cons

    Stress of mortgage industry, pressure to perform

    Summit Funding Response

    Jun 18, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  4. "Loan Partner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Partner in San Diego, CA
    Former Employee - Loan Partner in San Diego, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Summit Funding full-time (Less than a year)

    Pros

    Amazing working on a team with people who care about their clients

    Cons

    Employees only fill 1/3 of the office, which is weird. And If you don’t live in N county, the commute is terrible.

    Advice to Management

    Keep supporting your team development and find a smaller, more centrally located office.


  5. "Pretty solid company to work for"

    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 Summit Funding full-time

    Pros

    Good management team and CEO.

    Cons

    Sales sometimes dictates how operations is run

    Summit Funding Response

    Jun 11, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  6. "Loan Partner 1"

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

    I have been working at Summit Funding full-time (More than a year)

    Pros

    Great culture & a fantastic team

    Cons

    None that come to mind

    Summit Funding Response

    May 17, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  7. "Senior Loan Partner II"

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

    I have been working at Summit Funding full-time (More than a year)

    Pros

    Creating great results, work relationships, working great people, Gaining Knowledge, Friends in the work place

    Cons

    I would like more PTO

    Advice to Management

    Just keep giving growth opportunities

    Summit Funding Response

    May 17, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More

  8. "Loan Officer"

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

    I have been working at Summit Funding full-time (More than a year)

    Pros

    Support, Teamwork, Direction. The opportunity for growth, I went from a LP1 to a Loan officer in less than one year.

    Cons

    They have all been addressed and fixed

    Summit Funding Response

    May 17, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  9. "Mortgage Servicing Coordinator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Servicing Specialist in North Sacramento, CA
    Current Employee - Mortgage Servicing Specialist in North Sacramento, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Summit Funding full-time (More than a year)

    Pros

    Excellent for self motivated individuals, helping customers without all the restricting call center mentality is key to successful resolution and customer satisfaction, The company atmosphere is positive and energetic.

    Cons

    Fluctuating volumes is hard to manage workloads

    Advice to Management

    Have a better way to promote from within

    Summit Funding Response

    Jun 5, 2018 – HR Department

    Thank you for your candid review. We always appreciate receiving feedback on what is being done well and where we have room for improvement. We would also invite you to discuss any particular... More


  10. "Hit or Miss"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Partner I in San Juan Capistrano, CA
    Former Employee - Loan Partner I in San Juan Capistrano, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Summit Funding full-time (Less than a year)

    Pros

    Always had amazing meeting with everyone in the office.

    Cons

    People take advantage of one another for no reason.
    If someone messes up on a file they will try to blame it on someone else.
    Everyone walks on egg shells because you never know when your going to get fired.
    If your stuck with a bad loan officer your pretty much screwed and you look for another job ASAP
    A lot of yelling that happens in the work place with on another.
    Honestly just a stressful environment overall.
    Super shady on all file. They are breaking the law on a lot of different elements on each deal.

    Advice to Management

    Get better Loan officer's and know when your current Loan officer's are breaking the law. Please fire the people that are ruining your name.

    Summit Funding Response

    May 21, 2018 – HR Department

    Thank you for taking the time to post your review. It's is very unfortunate that your experience working with our company was not favorable. Please know your feedback is shared with the Executive... More


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