Sweat Shop - Loan Processor Uamc Employee Review

2.0
16 May 2017
Recommend
CEO approval
Business outlook

Pros

Decent pay, catered meals. The very few people that had yet to drink the Kool-Aid were nice.

Cons

Upholds industry reputation for being a sweatshop. MICROMANAGING!! Mandatory Saturday's!! Lack of training! Mgmt was inconsistent across the floor. Some had enough free time to read Skypes, emails, and time restroom visits. Would lie about rules that did not exist (i.e. "a minimum of 5 loans must be worked per day when using the calendar system.") Competitive instead of team-oriented. The builder was breathing down on LO's and operations to meet unnecessary goals and expectations (i.e. loan is closing in 9 months but it has to be "approved pending the appraisal" ASAP). Borrowers were difficult because the process was so frustrating for them. Processors were at the bottom of the totem pole, and weren't allowed direct communication with certain underwriters. We received companywide, passive-aggressive emails with photos of bad parking jobs, and messy bathroom reports. Attended a meeting where they scolded all females because a used tampon was left on a toilet seat. Serious gossip problem perpetuated by managers (unable to trust the person sitting next to you isn't spying on you). Thankless job with little to no advancement opportunities.

Explore other reviews about Uamc

5.0
25 Feb 2019
Recommend
CEO approval
Business outlook

Pros

Stability, Great Pay and benefits

Cons

Parking really difficult to park.

5.0
21 May 2015
Recommend
CEO approval
Business outlook

Pros

Family like environment, beautiful office environment, when I got hired I felt like royalty. Every team has different feelings and expectations but I love my team, my manager is awesome, my teammates are awesome. Lot of training, huge pipeline so your always busy which is good you learn a lot. They have a lot of fun activities and lunches here and there and great coffee stations :)

Cons

Don't come to this job if you do not know how to process or think you will have an easy job this is only meant for someone who comes to work, no playing, no time to not pay attention our pipelines are huge I have over 50 loans I am working on now. If you get behind it will swallow you. Long hours but it isn't always. I also feel accountability with LO's or LPAs not doing there part is not enough.

2
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