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The Lending Group

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The Lending Group Reviews

4.3

70% would recommend to a friend

(11 total reviews)

Antonia Shrayev

100% approve of CEO

70% positive business outlook

Reviews by job title

11 reviews
5.0
6 May 2017

A Great Place to Work

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great Leads, Awesome Support Staff and a pleasure to come in everyday. Upbeat, fast paced call center style environment. After working at other mortgage companies, I finally see what I was lacking before. I am finally making the money I deserve!

Cons

Its time expand! Need to hire more operations staff.

3.0
30 Jan 2018
Recommend
CEO approval
Business outlook

Pros

Good for candidates with little to no experience, so you are able to get into the industry. If you are a "winner" than you can make a % of each loan you close after you get your licenses which some mortgage loan companies do not do. They help work your sales script right from day one.

Cons

100% Comission!! You start working as a loan assistant and must help close two deals within first 60 days; you don't actually close the loan but must walk the sale to the finish line and then the loan gets passed onto a licensed advisor. If you do this and get hired than your base salary is deducted from future commissions. So the company is essentially paying you nothing. New loan advisors should not be expected to live off future commissions. Their idea of training for your license is a 20-21 hour video. Other companies have a much better base+commission compensation plan. Other companies also have paid training, which is usually a 2-4 week class, that is much better than this place. You pretty much work for free until you either become a good loan officer, or figure out that you're not the right fit. You receive calls on an automatic dialer with customers that could have signed up for a quote two days ago or sixth months ago so you need tough skin.

3.0
6 Apr 2017

Good for a new college grad

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Sales experience, get your feet wet, easy to get hired

Cons

They say there's no cold calling but you are calling people on an automatic dialer all day who filled out info on a 3rd party website some are very cold and many only speak Spanish (I don't). It's all commission and they will only sponsor you for licensing after you close a deal. Also Monday (10-7) through Saturday hours (8-1)

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The Lending Group Response
9y
This is not an Accurate representation. The schedule is completely wrong and we do pay a Draw Salary to qualified candidates that are hired. In addition, we do not allow anyone to sell loans without a License. It does not seem that this person could have ever worked for us.
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Glassdoor has 12 The Lending Group reviews submitted anonymously by The Lending Group employees. Read employee reviews and ratings on Glassdoor to decide if The Lending Group is right for you.