Strive Lending Reviews

4.3

77% would recommend to a friend

(32 total reviews)

Corey Leonard

74% approve of CEO

77% positive business outlook

Strive Lending has an employee rating of 4.3 out of 5 stars, based on 32 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Strive Lending 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

32 reviews
1.0
23 May 2017

Loan Officer

Recommend
CEO approval
Business outlook

Pros

Before my eyes were truly opened up, I was just happy to work for a company that hired a lot of young, inexperienced people who were fun to work with. They provided us with SO many snacks, etc. The base salary was originally $36,000 for loan officers which was pretty nice.

Cons

Where do I begin? Not only is Corey Leonard a ticking time bomb, he had punched a hole in the wall, threw something heavy through the plastic window in one of the cubicles, etc. He always played favorites and only gave good leads to certain loan officers he went out to go drink with. It was an extremely unprofessional environment, absolutely no training, putting through terrible loans, etc. Business had slowed down around October 2016 but Corey reassured us on numerous occasions that he was not going to let anyone go and that business would pick up. However, out of NO WHERE, he called a meeting on February 15, 2017 and announced the company was closing. This was a lie. He wanted to see who would stick around and clean up his mess. About 10-15 employees stuck around and got to be paid off every other loan officer's hard work while we were left without a job. Corey likes to hire unexperienced, naïve college kids who don't realize he is running a terrible business model that he refuses to change. He collects his earnings and lays everyone off when things die down. BE AWARE- there are so many other reputable lenders to work for! I would not recommend this company to anyone. HR also begs employees to write good reviews, so be careful!!

2.0
13 Apr 2017

Loan Officer

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Before February I would have said this is a great company to work for. That's about all I can think of.

Cons

Do not get tricked! Read previous reviews as well! The company "closed down" February 15th. Corey, the CEO, gathered everyone in the office stated there was not enough cash flow, the company couldn't sustain and it's closing down. No problem, happens quite often in the industry. All the employees gathered unemployment packets and went on their way. Turns out they stayed open, lied to their employees, told the borrowers it was just a "downsizing" and that the company never truly closed. Instead, they stayed open and let a few LOs gather the commission on all the "unemployed" LOs loans in the pipeline. Extremely shady business. On top of that, they had just recently hired some Jr. LOs who quit their jobs to come work for Strive only to be let go. If you don't believe me, look up any prior LOs on LinkedIn and reach out. Stay far, far away.

2.0
11 Apr 2017
Recommend
CEO approval
Business outlook

Pros

This company started off as great. Relaxed work environment makes it easy to do your job with little pressure. Free snacks. Decent base salary.

Cons

This company likes to lie to its employees. They laid off around 20 people because they said they were going out of business when really they were lying and just wanted to keep the favorites and never actually went out of business. The favorite loan originators get better leads than just your average loan originator. No actual mortgage training. They just have you take the test, pass it, then throw you out there. Commission compensation is bare minimum.

Viewing 1 - 3 of 32 Reviews

Glassdoor has 32 Strive Lending reviews submitted anonymously by Strive Lending employees. Read employee reviews and ratings on Glassdoor to decide if Strive Lending is right for you.