Summit Funding Reviews | Glassdoor

Summit Funding Reviews

To filter reviews, or .

Found 124 reviews

4.0
StarStarStarStarStar
Rating TrendsRating Trends
80%
Recommend to a Friend
82%
Approve of CEO
Summit Funding CEO Todd Scrima
Todd Scrima
95 Ratings
Pros
  • "Summit offers so much opportunity, training, and promotes a health work/life balance(in 7 reviews)

  • "I think Summit Funding is a great place for a Loan Officer to work(in 8 reviews)

Cons
  • "Summit Funding doesn't have every product out there at all times(in 5 reviews)

  • "Loan officers are self-absorbed and do not invest in their teams(in 5 reviews)

More Pros and Cons
  1. "Missing Summit Funding"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Accounting Manager in Sacramento, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Summit Funding full-time for more than 2 years

    Pros

    Great work environment, people are very friendly and helpful.

    Cons

    I am very sad I had to move away.

    Summit Funding Response

    February 4, 2019HR 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 feedback you'd like to share with our HR Team. Feel free to contact us at HR@Summitfunding.net.

  2. "Fun Environment, Great Pay for the area"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Chico, CA
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Summit Funding full-time for more than a year

    Pros

    Excellent work/life balance. Engaging co-workers and supportive company culture. The Chico Branch is one of the top branches in the company, so you're already coming in on a business that's excited, motivated and on top of their game. Corporate offers a lot of professional development and training - especially for loan officers. Office is located in downtown Chico, so you're right where all the action is....

    Show More

    Cons

    If you aren't a self-starter you'll have a rough time here - management is pretty hands off and busy with their own thing most of the time so you're often left to your own devices. This company has a lot of social events throughout the year and very few private offices - introverts might find working here a little exhausting.

    Summit Funding Response

    March 4, 2019HR 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 feedback you'd like to share with our HR Team. Feel free to contact us at HR@Summitfunding.net.

  3. "Funder review"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Funder 
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Summit Funding full-time

    Pros

    good people to work with

    Cons

    long hours. work gets repetitive

    Summit Funding Response

    February 13, 2019HR 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 feedback you'd like to share with our HR Team. Feel free to contact us at HR@Summitfunding.net.

  4. "Operations"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Suspense Analysis 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Summit Funding full-time for more than 2 years

    Pros

    Family oriented and Management staff are knowledgeable

    Cons

    None at this time.. I cant think of any

    Summit Funding Response

    December 31, 2018HR 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 feedback you'd like to share with our HR Team. Feel free to contact us at HR@Summitfunding.net.

  5. "Poor leadership"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Summit Funding full-time for more than a year

    Pros

    Fast paced, good networking, wide variety of experiences.

    Cons

    Loan officers are self-absorbed and do not invest in their teams. Be prepared to be walked over every day and never receive clear communication. There is minimal training and you will suffer due to that fact.

    Summit Funding Response

    December 31, 2018HR 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 Management team in an effort to make improvements as needed. You are also welcome to ...

    Show More
  6. "Sr. Loan Officer"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Summit Funding full-time for more than 4 years

    Pros

    Summit has a friendly marketing dept

    Cons

    Rates, Culture, Management and business model.

    Advice to Management

    Honor your financial commitments, part ways with Rick Ruby before more lawsuits, do not make loan officers pay to have loans processed.

    Summit Funding Response

    October 29, 2018HR Department

    Thank you for your candid review. Feedback like this does help us continue to improve and grow as a company. Regarding your concerns, please know your anonymous feedback is shared with the Executive Management team, however we also encourage you to discuss your concerns further by ...

    Show More
  7. "Loan Partner"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at Summit Funding full-time

      Pros

      Great opportunities. Friendly staff. Benefits.

      Cons

      Awful rates. Decent management. Poor training.

      Summit Funding Response

      October 8, 2018HR Department

      Thank you for your candid review. Feedback like this does help us continue to improve and grow as a company. Regarding your concerns, please know your anonymous feedback is shared with the Executive Management team, however we also encourage you to discuss your concerns further by ...

      Show More
    • Helpful (3)

      "Corporate Employee"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Corporate Employee in Sacramento, CA
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I have been working at Summit Funding full-time for more than 2 years

      Pros

      Most of the people here are great. I really like my coworkers. Mostly it's a great culture, just low morale lately due to lay offs and now being asked to take unpaid time off again.

      Cons

      The owner gets the whole company on monthly calls where he bad mouths former employees, talks big and then doesn't back it up, tries to tell us there were lay offs without actually using the word lay off, and gives pep talks that range from condescending to out of whack with reality

      Advice to Management

      People are treated really different between different departments and different locations. Can feel really unfair. Also, instead of pretending the very public discrimination lawsuit didn't take place, talk to us about it and answer real questions like what is being done to fix the discrimination. It effects all of us obviously, since people got laid off and we are being asked to take unpaid time off probably to pay...

      Show More

      Summit Funding Response

      September 24, 2018HR Department

      Thank you for your candid review. Feedback like this does help us continue to improve and grow as a company. Regarding your concerns, please know your anonymous feedback is shared with the Executive Management team, however we also encourage you to discuss your concerns further by ...

      Show More
    • "Great company culture"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Mortgage Loan Processor in Lodi, CA
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Summit Funding full-time for more than 2 years

      Pros

      Good hourly pay, great team to work with!

      Cons

      Low per-loan funding bonus. No option to work remotely in my position.

      Summit Funding Response

      September 6, 2018HR 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 feedback you'd like to share with our HR Team. Feel free to contact us at HR@Summitfunding.net.

    • Helpful (2)

      "These positive reviews are FAKE"

      StarStarStarStarStar
        Former Employee - Manager 
        Doesn't Recommend
        Negative Outlook
        No opinion of CEO

        I worked at Summit Funding full-time

        Pros

        The only Pro I can think of is I don't work here anymore. I am out of this abusive environment where Rick Ruby yells at everyone all of the time.

        Cons

        Many- The positive reviews on this site are done by Marketing and they are done any tme anyone posts a negative review to keep up their ranking. Don't fall for it. You can read then and know they are fake. You have a lot of bad reviews and the guy in marketing is balancing them with fake entries. My advice, everything this company says is a lie. Don't fall for it. Save yourself some time, money and don't make...

        Show More

        Advice to Management

        Get over yourselves. Do the right thing, show people you care...try living your mantra for a change!

        Summit Funding Response

        September 24, 2018HR 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 Management team in an effort to make improvements as needed. You are also welcome to ...

        Show More
      Found 124 reviews