LoanStream Reviews

They hired me and laid me off after a few months due to their poor business structure. My team leader was extremely unprofessional, the company portrays nepotism and clearly plays their favorites. They will give certain employees more work than others. Looking at other reviews it solidified what I went through. You will not get paid what you’re worth, the benefits are terrible, it will take you forever to build up any vacation time. They just did a massive lay off and ruined a lot of people’s livelihoods. I was a good quality employee, they don’t care about you.

Work day after thanksgiving and Christmas (but if they give them off you won’t be paid.) You’ll only get paid if you work before and after New Year’s Day. Only 5 vacation days. Insurance is horrible. No 401k match. They are NOT and investor, they are a correspondent lender and will lie to AEs and say no overlays but have lots because they do not service their own loans. This company doesn’t have people who last longer than 4-6 months. It’s a revolving door. All the managers are new in their position. Please don’t let them fool you. There wholesale started 3 years ago. They try to say they’re a “DBA” blah blah blah. They’re such small fish in a big pond, that’s why they’re not competitive and no one’s heard of them. Unless you know the “director” or “SVP” of some department..you either sink or swim. Stop giving everyone director titles or SVP titles.