Getting laid off was a blessing - Mortgage Banker (MLO) Open Mortgage Employee Review

2.0
16 Apr 2025
Recommend
CEO approval
Business outlook

Pros

Some of the people I worked with were great, but they were all laid off on a Friday morning Zoom call when the company abruptly dropped its retail division.

Cons

Bad rates, bad underwriting, bad communication, bad attitude.

Explore other reviews about Open Mortgage

5.0
5 Jul 2023
Recommend
CEO approval
Business outlook

Pros

Awesome work environment, and great teamwork

Cons

Nothing, this job is the best

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Open Mortgage Response
2y
Well, what can we say? We are loving you back! Thank you for taking the time to share the love on our work environment and teamwork!
3.0
5 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Inter-departmental Communication Product innovation Positive Guidelines updates

Cons

Underwriting disconnects with guides Scenario Desk misquotes Constant need for manual work-arounds due to tech glitches. Highly inconsistent pricing.

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