Power Choice Mortgage Reviews

No support. No team building. Small quiet low energy office. Managers discourage communication or expression. Files are controlled to cap your bonus pay. Loan products are limited. Rates are padded by 1-2 points. Not competitive. Loans are killed daily by staff. Very poor customer service. Hostile environment. Micro managing. Only 2-3 leads per day. Real high fees from title and the company. The pricing is a hard sell. No benefits.

This place is a mess. There is no energy in the office. The mgmt. is self serving and demeaning. It is not a friendly environment. You are promised x amount of leads and you never receive enough to make the money you are promised. The company controls the flow of a file and caps your income. Funding a loan takes 2 months on average. Clients are mad every day. Some days you have nothing to do but sit around. The idea of sending mortgage plans and banking on a complete file for submission is dumb. You are literally carrying the loan to approval. The platform of this company is unique because it doesn't work. You get a lot of promises and no results. There is a VERY HIGH turnover of good loan agents. Only the partners have been there longer than a year. That tells you a lot. Do not work for this company for any reason. There are no benefits, no high earning potential, no friendly incentives or reachable bonuses. This place is an empty dream. Stay far away from it. I truly regret accepting the offer from this backwards place. I cannot even call it a mortgage company since the focus seems to be on everything except funding loans. Loan agents are also called underwriters. That is stupid. it backfires with every client when they have underwriting questions. Trying to be unique is not the best approach. Mortgage advisor makes sense, but an underwriter? Please! What company turns away referrals and purchases? One that does not know how to handle clients, loans, and employees.