Summit Mortgage Bankers Reviews | Glassdoor

Summit Mortgage Bankers Reviews

3 reviews

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3.0
StarStarStarStarStar
Recommend to a friend
Approve of CEO
Summit Mortgage Bankers Founder & CEO Irwin Liu
Irwin Liu
1 Rating

Employee Reviews

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  1. "Small firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer in New York, NY
    Current Employee - Loan Officer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Flexible schedule, good pay ratio, good loan programs.

    Cons

    Poor accounting system, unprofessional management


  2. "Learned something about the mortgage industry, but not very systematically"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Approves of CEO

    Pros

    Flexible internal transfers, good working hours( from 10 am to 6 pm), Easy to get supports and help from the supervisors, Good investors,

    Cons

    There's no career path is SMB, the training system is very poor, bad relationship with colleagues, not an English speaking working environment

  3. "Great place to start and learn, good splits, but needs work in management & policies"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Officer in Edison, NJ
    Current Employee - Loan Officer in Edison, NJ

    Pros

    SMB offers one of the best commission splits out there
    Branch and sales managers always help when needed
    Direct lender not only a mortgage broker

    Cons

    Management always changing policies which affects loan officer's business.
    More geared towards into the Asian community market rather than being more diverse.

    Advice to Management

    Need to formulate more solid policies. I understand the market is in turmoil and we are doing the best to survive. Constant of changing policies affects our business greatly.