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Homestead Funding

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Homestead Funding Reviews

3.9

66% would recommend to a friend

(47 total reviews)
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Mike Rutherford

73% approve of CEO

59% positive business outlook

Homestead Funding has an employee rating of 3.9 out of 5 stars, based on 47 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Homestead Funding employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

47 reviews
1.0
21 Aug 2019
Recommend
CEO approval
Business outlook

Pros

There was a gym accessible to employees that worked ONLY at the Albany Location. I enjoyed SOME of the people I worked with and continue to stay in contact with them.

Cons

As hard as you worked you were never recognized for the great job you were doing. Supervisors were incredibly disrespectful/ unprofessional. There was no "management" within your department. I never knew who to turn to if I ever had a problem because my "manager" didn't know how to deal with employee's problems or criticism. I would be directed to HR and HR would direct me back to my manager. The first 3 weeks of my employment I sat in my cubicle and took continuing ed courses/tests because nobody knew what I was supposed to be doing. Basically for 3 weeks I was paid to take tests about a job that I wasn't even trained for yet. I begged for work, constantly. Finally someone was assigned to "train" me. This person took ZERO time to explain what the description of my job was and what my purpose to the company was. I was handed stacks of paper to look through and was told "check off a couple lines every couple sheets to make it look like we know what were doing". After a few months of working there I was given a few more assignments where I had to work directly with a certain manager that may I say was simply awful. All I have to say about this woman was that she was the most disrespectful/condescending woman I have EVER met. Words cant describe how awful of a co-worker she was. Despite numerous complaints about her verbal abuse ( not just from me) she was never rep-remanded for her actions. After months of being belittled by this woman I was "Promoted" to a new position that I applied for in another office. All I can say about this was what a joke! I was promoted to a job that didnt even have a job description. Nobody in the office new what I was doing there... I was wearing 20 hats. Was I a Loan processor? a Closing coordinator? Administrative Assistant? Receptionist? a Lion tamer..? This didn't feel like a promotion,I was given a raise to order office supplies!!! The best part about this "promotion" was that I was told I was hired simply because after my interview the hiring manager and other male employees pulled up my facebook and compared me to other interviewees. Apparently they thought I was the best looking. Yeah, don't work at Homestead.

4.0
21 Feb 2021

Great Company

Recommend
CEO approval
Business outlook

Pros

One hundred percent support all the way around from the managers to the underwriters and loan officers. As one of my coworkers said, it takes team work to make the dream work. OT is not mandatory and family/work life balance is really the best. If you do want the OT, it's available during the week and/or weekends depending on what fits your schedule.

Cons

The pay is not exactly competitive for the industry and the health insurance is okay. The growth opportunities are somewhat stifled since everyone is really busy just trying to close and adjust to last minute changes.

3.0
25 June 2017

Okay, but not for long term

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Nice employees, no experience needed

Cons

Sub-par benefits, lack of training opportunities

Viewing 1 - 3 of 47 Reviews

Glassdoor has 47 Homestead Funding reviews submitted anonymously by Homestead Funding employees. Read employee reviews and ratings on Glassdoor to decide if Homestead Funding is right for you.