Underwriting - Underwriter LoanStream Employee Review

1.0
5 Feb 2019
Recommend
CEO approval
Business outlook

Pros

Offers remote. Flexible hours. Everyone gets a Director or SVP title.

Cons

Work day after thanksgiving and Christmas (but if they give them off you won’t be paid.) You’ll only get paid if you work before and after New Year’s Day. Only 5 vacation days. Insurance is horrible. No 401k match. They are NOT and investor, they are a correspondent lender and will lie to AEs and say no overlays but have lots because they do not service their own loans. This company doesn’t have people who last longer than 4-6 months. It’s a revolving door. All the managers are new in their position. Please don’t let them fool you. There wholesale started 3 years ago. They try to say they’re a “DBA” blah blah blah. They’re such small fish in a big pond, that’s why they’re not competitive and no one’s heard of them. Unless you know the “director” or “SVP” of some department..you either sink or swim. Stop giving everyone director titles or SVP titles.

Explore other reviews about LoanStream

5.0
10 Dec 2024
Recommend
CEO approval
Business outlook

Pros

Awesome culture. People are always willing to help you.

Cons

None that I can think of.

3.0
23 Jan 2026
Recommend
CEO approval
Business outlook

Pros

onboarding process is very thorough

Cons

supervisor and lack of training

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