Does Prospect Home Finance pay their employees well?

According to anonymously submitted Glassdoor reviews, Prospect Home Finance employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at Prospect Home Finance. This rating has improved by 11% over the last 12 months.

How satisfied are employees working at Prospect Home Finance?

53% of Prospect Home Finance employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Prospect Home Finance 3.3 out of 5 for work life balance, 3.3 for culture and values and 3.2 for career opportunities.

What are the top reviewed jobs at Prospect Home Finance?

Loan Officer (23) , Mortgage Loan Officer (11) , Loan Coordinator (9) , Loan Processor (8) , Sales (4) , Mortgage Loan Processor (3) , IT Support Coordinator (2) , Loan Officer Assistant (2) , Marketing (2) , Marketing Client Expert (2) , Marketing Client Expert II (2) , Senior Loan Officer (2)

What are the pros of working at Prospect Home Finance according to real employee reviews?

"Great people to work with" ((in 13 reviews)); "The culture here is great." ((in 7 reviews)); "The company culture here at Prospect is amazing!" ((in 7 reviews)); "I enjoy working for Prospect because it offers an excellent work environment." ((in 6 reviews)); "Coworkers are great." ((in 5 reviews))

What are the cons of working at Prospect Home Finance according to real employee reviews?

"Unstable, stressful, unreliable, inconsistent, bad management" ((in 9 reviews)); "Upper management did not have a clue what was going on, nor did they care about any of their employees." ((in 6 reviews)); "The CEO is completely lost in his own world and a perpetual "david and goliath" battle with UWM." ((in 6 reviews)); "Better training practices/guides" ((in 4 reviews)); "They also lie and play favoritism." ((in 4 reviews))

What are employees saying about Prospect Home Finance redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Prospect Home Finance redundancy and their outlook for job security at Prospect Home Finance in 2026.

Prospect Home Finance Reviews

3.2

53% would recommend to a friend

(126 total reviews)

Jason Vondrak

64% approve of CEO

50% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (126 reviews)

Prospect Home Finance has an employee rating of 3.2 out of 5 stars, based on 126 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prospect Home Finance 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

126 reviews

3.0

22 Feb 2022

Embarassing

Sales

Recommend

CEO approval

Business outlook

Pros

The company *had* amazing employees. Everyone is nice, friendly, willing to help. Safe to say this is the main reason why people like this place so much.

Cons

Everything else. The CEO is a good person. He makes crazy decisions, but he also has bad "Executives" around him who don't care about him or the company at all. This company went from 0-100 back to 0 in a year. Management makes rash decisions from the comfort of their homes in different states and demands entry-level managers to relay their message with little to no explanation as to why. Not to mention, in the peak of COVID, everyone in the company was forced to be onsite. Management being remote is the root of every problem at Prospect. They don't have a clue what goes on. They have no idea who works for them and honestly, they couldn't care less. They come in once a quarter and barely look at any of their employees in the eye unless you're a team lead or manager. It's shameful. The company had a mass layoff and didn't give anyone their final checks or separations packets because they didn't have any of their ducks in a row (shocking!) The next week, ANOTHER layoff. Again, no checks! And no word of it from management. Another "culture cleanse," I suppose. Hopefully this place survives 2022.. but I wouldn't put my money on it.

1.0

1 Feb 2022

Don't work here. Avoid this place like the plague

Loan officer

Recommend

CEO approval

Business outlook

Pros

There are some good people working here and getting to know them has been great.

Cons

Terrible leadership. The leadership of this company has no idea what they are doing. The CEO is completely lost in his own world and a perpetual "david and goliath" battle with UWM. Incredibly inconsistent metrics. Constantly shifting performance goals with no explanation as to why they move the goal posts. No work from home option. The CEO has repeatedly said that he will never advocate for a work from home basis.

1.0

3 Feb 2022

Mass Layoff

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Friendships that were gained, some career advancements

Cons

For starters, they just did a mass lay off of 50 people on 02/01/2022. Once they realized things were getting bad, they started looking for reasons to fire employees until they were forced to go on with this mass layoff. Money was carelessly spent while we were not doing well as a company (hosted a halloween party for the public with vendors, DJ, dance crew, etc). First time Sales Managers being 25 years old received 200k salary plus bonuses while most of the company is making 35-50k, with some departments not even receiving bonuses.. make it make sense. The CEO started to go on tangents on his LinkedIn posts, our company's YouTube page, bashing partnerships. As you can guess, partnerships were ended with Prospect. He specifically blamed UWM for our company's failures and the reason he had to lay off all those employees this week. Mind you a week ago he said and I quote "Ill be homeless before we control expenditures through layoffs." That did not age well. Should I also point out that most of this upper management team (CEO included), is in some way related to each other? I could go on and on, but I think I'll stop here. I am tired of typing.

Viewing 1 - 3 of 126 Reviews

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