Vantaggi
CNN Mortgage is an absolutely great company to work for best matched to seasoned professionals,
that is, veteran MLOs, with a solid book of business, proven capable of consistently closing $1mm-plus/mo. CNN Mortgage is TRID-ready/compliant. Disclosures are handled by a separate department staffed by a trio of mortgage disclosure specialists. This creates an environment where MLOs can focus more on originating loans and building new business connections and focus less on administrative tasks. The company rewards producers (and ops personnel as well) with out of town trips and fun local events. CNN Mortgage does an outstanding job supporting MLOs in the field with eye-catching marketing materials, competitive loan products, a full array of down payment assistance options for first-time homebuyers, and a very competitive compensation package for commissioned loan officers. CNN offers a laid back, laissez faire work environment with the expectation from management that producers originate and close quality loans in a timely manner sans close supervision, micro-managing, and with minimal to no hand-holding. Management is very pro-loan officer, observed to go above and beyond to work with LOs on problematic deals on a seemingly 24/7 schedule, and ensures internal systems (LOS) tweaked to the highest levels of efficiency, removing as much guesswork for the LO as possible. I had to relinquish my position due to unexpected illness but will remember CNN as a top-notch player in this tough industry.
Svantaggi
Not a good fit for mortgage loan industry newbies.