Intelliloan Reviews

4.0

76% would recommend to a friend

(181 total reviews)

Darryl Preedge

84% approve of CEO

74% positive business outlook

Intelliloan has an employee rating of 4.0 out of 5 stars, based on 181 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Intelliloan 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

181 reviews
1.0
15 Aug 2020
Recommend
CEO approval
Business outlook

Pros

Nice building and snacks shaded parking.

Cons

Long grueling hours, walking on eggshells at all times. Having to raise your hand to use restroom. Threatening management trying to make employees believe that Intelliloan is the only mortgage company you can work or else you will be in a law suit. Absolutely no employee loyalty, you will be fired with no warning.

1.0
20 Aug 2019
Recommend
CEO approval
Business outlook

Pros

-If you are looking to become a loan officer this is a direct route to becoming one. -It is cold calling, but they give you pretty good scripts to memorize to make your calls easier. -Free snacks in breakroom (not the best snacks but it is better than nothing) -Management can be helpful if you reach out to them for advice on how to do your job better.

Cons

-They usually don't tell you in the interview that this is a direct route to being a LOAN OFFICER. So basically, you either become a loan officer or get fired before your four months are up. (Four months is the typical timeline for you to become a loan officer). -HEAVY MICRO-MANAGEMENT. If you have to go to the bathroom outside of your 2 ten minute break periods or lunch period, expect a snarky, "You were gone for three minutes." remark from management. Can't eat anything during calling. -They claim the company has a family culture, however if you talk to the person next to you for too long management will snap at you for not taking your job seriously (Hard not to talk to people next to you during times when nobody is answering their phones). -Cold calling. They tell you it isn't cold calling because they are people who inquired their services, but it is in fact cold calling. 99% of the people you call are people who inquired with Lending Tree, not Intelliloan. You will do nothing but cold call the entire time you are there. The only time you will leave your desk (without getting yelled at) is during your two breaks, and during lunch. That's it. -Turnover rate is very high. Whether it be people quitting or getting fired. You will usually do training with a team of new hires, and I can almost guarantee you your team will shrink within a couple weeks. -No phones allowed in building

avatar
Intelliloan Response
6y
Thanks for your review. Times change and we have relaxed many rules, including the cell phone policy and more. We love our new offices in Costa Mesa. Hooray!
3.0
7 Jun 2016

Leads used to be free for all

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great management and great rates.

Cons

A really great company and I've been here for quite some time. I do wel especially since I have a lot of repeat clientele. However, most recently I have noticed that a lot of the younger CSRs have been handing over the great leads or direct mail leads to their friends or buddies. I'm sorry that I'm not in my 20s or 30s but that shouldn't dictate who you're passing the leads to. I loved this company because the leads used to be free for all. Now you have all these guys new to the industry picking and choosing what they want. You'll see how good you are at sales once the rates dry up. Management should pay more attention to the even distribution of leads. By all means don't go to a que because that affects those that work hard, but the good leads shouldn't be handed over to friends especially if they can't even sell an FHA cash out.

Viewing 1 - 3 of 181 Reviews

Glassdoor has 181 Intelliloan reviews submitted anonymously by Intelliloan employees. Read employee reviews and ratings on Glassdoor to decide if Intelliloan is right for you.