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Provident Funding

Is this your company?

Not a good place to work - Mortgage Loan Closer Provident Funding Employee Review

1.0
30 June 2019
Recommend
CEO approval
Business outlook

Pros

Decent pay; the starting salary is reasonable for an entry level position. It’s a small company which can be a pro in some instances.

Cons

The company is very poorly managed. The production employees are overworked and it’s easy to get burnt out quickly. Management stresses that their production employees are a great asset for the company, yet they fail to realize many people there are unhappy and they don’t take action to implement changes. There’s also not a lot of room for upward movement, even if you are hardworking. They’ll promote a few people to team leads just because these individuals are good at their jobs, but don’t realize these people aren’t leaders. I’ve even witnessed management and “leaders” talking bad about other employees. Additionally, they allow family members to manage each other which I always saw as very unprofessional, despite the company essentially being founded on nepotism. Aside from the unreasonable workload and expectations, the benefits are atrocious. No 401K match, no sick days, no maternity leave. They make it extremely hard for parents to have a decent work-life balance as well because they’re so strict about your hours and don’t allow you to work from home. During the time I worked there, I saw the very few perks we had get taken away. I’ve seen good people get let go for no reason at all, and I’ve seen people get moved to lower positions just to get work done because they won’t spend the money to hire more people. Lastly, management will try to win you over with the salary and make false promises to you, but when you find out what the actual job is that they NEED you to do, it’s not worth it anymore.

Explore other reviews about Provident Funding

5.0
14 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Caring culture and good business model

Cons

Remote work is good but lonely sometimes

4.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

I had the pleasure of working with great people.

Cons

Recognize your employees and their hard work.

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