Chaotic work environment - Recensione dipendente - Loan Processor presso Mortgage Processing Group

Built great relationships with loan originators and brokers

Below average split for compensation

- Supportive Management But that’s about it.

- there is no procedure in place when a check is not received in time after closing..check not received, you don’t get paid - 40/60 split is not enough. You will need to work your behind off to make a living - high turnover; it’s half good and half bad, when someone leaves, you have access to more accounts which means more files if you have the bandwidth but then that also means that now you have to work twice as hard to make sure that you keep that account happy because more than likely that account has already been switched around 2 or more times. - no work life balance / literally working all hours of the night to HOPEFULLY close and HOPEFULLY get paid. - don’t get paid on files worked. There is a set fee that gets paid for low producers with high cancellation/denial ratios but it takes one quarter to make that determination so you’re basically working for free for those accounts