False claims of earning potential - Senior Mortgage Loan Officer CapWest Home Loans Employee Review

1.0
29 Nov 2018
Recommend
CEO approval
Business outlook

Pros

Some nice people, they provide leads, no draw on hourly wage for commission employees.

Cons

3 days of training then nothing more, impossible to get files approved, interview process included many false claims of 6 figure income, great leads and good work environment. Went from over 50 loan officers to 10 in under 6 months. Let good employees go and kept poor performers due to seniority. Terrible leadership.

Explore other reviews about CapWest Home Loans

5.0
27 Feb 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great people to have worked with

Cons

They closed their doors, boo

1.0
18 June 2019
Recommend
CEO approval
Business outlook

Pros

I worked there six years, so I enjoyed a measure of the privileges that come with seniority

Cons

City Bank taking over was the final nail in the coffin. Costco was gone, and so were the leads. Management actually came to us one time asking us for suggestions on lead sources. We were shocked to learn that management literally had no direction for this company. Even Monte, who had bee the leader since day one, left. There is no way that City was actually trying to turn CapWest into something. They must have taken it over for the assets or the technology or something, the way a junkyard strips apart what's left of a car. Sad to see a once thriving company die a slow death.

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