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      Lower

      Engaged Employer

      Lower reviews

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      3.7

      65% would recommend to a friend

      (682 total reviews)
      avatar

      Dan Snyder

      77% approve of CEO

      67% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.9

      Culture & values

      3.8

      Senior management

      3.8

      Career opportunities

      3.7

      Work/Life balance

      3.6

      Compensation and benefits

      Lower has an employee rating of 3.7 out of 5 stars, based on 682 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lower employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      682 reviews
      1.0
      May 6, 2026

      Fast-paced environment but toxic management and low paying commissions

      Loan advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      - fast paced work environment - work with some cool people and make good friendships - happy hours and lunches were nice

      Cons

      ***- FAKE 5-star REVIEWS, if you are scrolling their reviews, pay attention to the dates of the reviews March 20th, they have 11 5-star reviews on March 20th because the recruiter and managers told employees to leave good reviews after all the bad reviews they were getting (I know this for a fact because I witnessed it) - commission only, draw pay is very low hourly rate and his heavily taxed, overtime is allowed but you cannot get paid for anything over 40 hrs - bad management, name calling, ignoring questions, disapprove feedback and ideas - bring in 20 batch hires every 2 weeks and hope they stay (they don't) - loud sales floor, open concept with no privacy, music blasting all day, customers would complain - bad leads, you could be calling the same lead 5x a day, expected to make 350-400 cold calls - processing takes forever, they are short staffed, you could be planning to close 5-6 loans a month and only have 1 go through = you make no money and get draw - phone is not provided only a laptop, they ask you to use your own personal phone for calls and texts - you will never hear a word from CEO Dan, he never addresses team or talks to staff, 'leadership' from him is nonexistent - management plays favorites to "senior advisors" who get more commission, better leads, and can work from home - use of PIPs is direct path to being let go, never saw anyone get out of it - processes change every day, consistency is lacking - expected to work and schedule calls after hours

      1.0
      Apr 6, 2026

      Lower commissions, Lower standards, that's Lower

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are limited pros working at Lower. Based on my experience, I would only recommend working here if you're new to the industry. Get licensed, learn the basics, and leave after a year.

      Cons

      If you have been in the industry for more than a year, you know products, you know guidelines, you know how to sell. That said, find a company with a comp plan that makes sense with a rate sheet that actually benefits the consumer. Ironically, rates at Lower at the Highest in the industry. You'll be asking borrowers to take on a 30-year-fixed -rate mortgage that's 50bps (or more) higher than the industry. On top of the higher pricing, you get paid a fraction of what other loan officers make. Instead of $20K/mo commissions, you'll be making $3K at best. The hourly rate is a recoverable draw so you're making $60K while other loan officers are making $200K+ per year. If that wasn't enough, your loans will sit in process FOREVER. No one knows what's going on. From VP to processor, there is zero communication. Loans will fallout left and right.

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      Glassdoor has 717 Lower reviews submitted anonymously by Lower employees. Read employee reviews and ratings on Glassdoor to decide if Lower is right for you.