Impac Mortgage Reviews

2.8

35% would recommend to a friend

(83 total reviews)

George A. Mangiaracina

67% approve of CEO

22% positive business outlook

Impac Mortgage has an employee rating of 2.8 out of 5 stars, based on 83 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Impac Mortgage employee rating is 25% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

83 reviews
1.0
16 Oct 2015
Recommend
CEO approval
Business outlook

Pros

Get your feet in the door. Learn the business (some part of it- because mortgage business is so complex nobody knows what the office next to yours is doing) Don't be an over achiever; you'll not make friends. Truly, do not ask questions. The work is a process where everything is tied together - a lot of legal issues surrounding the mortgage business and Impac has had lawsuits filed against it in the past- you will get some unwanted attention from the top guys!!! So do your job, get paid, be happy, try to be or look like part of the family-latter is better. I worked there before 2011, still the same management; i don't think much changed.

Cons

Double standard! Racism common place. You will figure out the ethnic based teaming up very soon if you get hired. A lot of favoritism. Blonde ladies move up faster- there was a blond lady who was brought on board after I was hired; in no time she showed her talents and moved up.

2.0
2 Feb 2016

Retail Management

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good company culture. Friendly employees

Cons

Senior management is out of touch and some are downright mean and disrespectful. Middle management is afraid to make changes and fire employees that threaten their experience. Many just manage to put band aids on broken bones.

2.0
22 Feb 2018

Okay....But

Recommend
CEO approval
Business outlook

Pros

Co-workers are great. Café on Site. Relaxed dress policy. Occasional employee events.

Cons

Lay offs happen often. Nepotism/Cronyism. No executive vision or plan. No managerial leadership.

Viewing 1 - 3 of 83 Reviews

Glassdoor has 85 Impac Mortgage reviews submitted anonymously by Impac Mortgage employees. Read employee reviews and ratings on Glassdoor to decide if Impac Mortgage is right for you.