Too many layoff/furloughs and terrible benefits - Mortgage Loan Processor Low VA Rates Employee Review

3.0
25 Oct 2021
Recommend
CEO approval
Business outlook

Pros

Amazing co-workers, good pay, fun parties (summer family party and adult only Christmas party), amazing option to attend service trip each year and remote work options.

Cons

Lack of Training, terrible benefits package, company hires a ton when rates are low then does huge layoffs/furloughs when rates increase, constant fear of having a job, lack of work when in slower seasons.

Explore other reviews about Low VA Rates

5.0
27 June 2025
Recommend
CEO approval
Business outlook

Pros

Competitive pay, good leads and management

Cons

Hard to make money when rates are high

3.0
29 July 2025
Recommend
CEO approval
Business outlook

Pros

Alot of fun people work at Low VA Rates. You do get a lot of leads.

Cons

When interest rates go up it is a very tough environment. They only do VA refi.

See reviews by: Helpful|Rating|Date|All