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Thrive Mortgage

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Thrive Mortgage reviews

4.0

75% would recommend to a friend

(166 total reviews)
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Roy Jones

88% approve of CEO

73% positive business outlook

Thrive Mortgage has an employee rating of 4.0 out of 5 stars, based on 166 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Thrive Mortgage employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

166 reviews
1.0
Dec 24, 2021

Prospects Beware

Recommend
CEO approval
Business Outlook

Pros

Remote work opportunity is truly the only pro in working for this company. Maybe a handful of friendly coworkers, too.

Cons

POOR LOAD BALANCING: We were told that the team leads would be distributing loans to keep everyone's workload balanced. Encompass apparently also had an auto-assigner to get loans into our pipeline without the team lead manually doing that. However, this was not the case during my time here. There were times where one team member would have less than 30 loans to work with while another had 40+. Forget about asking for more loans because our team lead did not do that. POOR WORK/LIFE BALANCE: Say goodbye to the life you know now because with the way they overwork you here, this will be your life from now until you manage to escape. There is a lot of talk in team meetings about how leadership emphasizes having a healthy work/life balance, but gives you all this work that has to be done to meet deadlines. There's a lot of OT that accumulates because of the need to meet deadlines. I get we need to produce and make sales and close loans, but at least walk that talk. SUB-PAR TRAINING: Training consists of screen-sharing with someone for the basics, and then you are on your own. There are no formal classes or learning modules for your area of work. There are also no follow-ups after said "training" to see how you are doing and how you are retaining the knowledge. There is also a glaring lack of job aids for even the basic overall flow of processes or general guidelines for certain products. What *IS* available, however, is OneNote that is very rarely (if that) updated by the team leads themselves. This lack of resources is especially not great for those who are new to the industry and require a little more exposure to the nuances of their roles. NO OPPORTUNITY FOR GROWTH: This ties into the sub-par training in a way, in that after training there is absolutely nothing. Team leads are of very little help, if any. We were encouraged to ask questions ("No question is a stupid question!"), but the attitudes behind the responses were as if those questions were an inconvenience. Ask too many questions, they will surely put you on a "list" of sorts. So sorry for trying to ensure we're doing the correct thing! As far as career growth, you would need to already be BFFs with someone higher up or personally know someone to be promoted or hired in a great-paying position. There were no 1:1's/annual reviews about performances, even if you were performing poorly, so there was no way to truly gauge yourself. Long-term employment is not a thing here EXCEPT for those related to the folks in leadership. "FAMILY" CULTURE IS A JOKE: Well, let's say this. This whole company is basically one actual family running the show. You have to know someone to get in and/or get promoted. There was a good amount of gossiping and cattiness, especially amongst leadership. The idea of family is that we encourage each other and enable each other to do more and BE more; we take care of each other and help each other when we see someone struggling. If your idea of a family is the same and you want these same things from your employer, look somewhere else.

1.0
Dec 20, 2018

Operations

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They send you a birthday card

Cons

Management pretends to care about you and claim Christian values but have no regard for hard working dedicated loyal employees.

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Thrive Mortgage Response
7y
Management Response: As a former employee, it’s puzzling that your perception differs so vastly from the current employees who frequently acknowledge the lengths our corporate team goes to “love on” them – both professionally AND personally! We’re certainly not perfect but based on employee satisfaction surveys (as well as being recognized by industry partners), we apparently do quite a remarkable job in promoting our family culture and values. Thrive Mortgage is unique in that we provide channels for voicing concerns and even have an entire Department committed to building relationships and finding win/win resolutions. Unfortunately, sometimes people and companies just aren’t the right fit for each other but we try to learn from each employee and appreciate feedback in order to continually strive for excellence. Merry Christmas!
1.0
Dec 5, 2018

Not a family I would want to be a part of ever!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible hours We were able to wear jeans

Cons

They do not believe in paying a fair wage to their employees. They do not give performance reviews. In the time I worked at the company I asked several times for a raise and was told that the company was not doing well and they could not give out raises. In the first few years I believed it. But I soon learned that this was the statement that they always told to the little people. No raises were ever given unless you were a Manager or gave notice to leave. If you are a man they will give you a raise if you go head to head with the big boss. If they let you go they keep all of your vacation and no severance package is given. If want to work with people screaming at you and never getting a raise this is the place for you.

avatar
Thrive Mortgage Response
7y
Management Response: It’s always unfortunate when a company has to part ways with a long-time employee. Emotions often run high, making it difficult for the employee to be objective. We’d like to point out that during the last 5+ years, Thrive Mortgage (formerly Georgetown Mortgage) was recognized numerous times and recently named a 2019 Best Places to Work in the nation by Glassdoor and will be receiving another similar national award to be announced in January 2019. In addition, our employee surveys indicate appreciation for fair and generous pay scales, a great work environment and company policies that are in line with standard state requirements. We’d be remiss if we didn’t address the false allegation regarding inequality for women - Thrive has been recognized as one of the Top 50 Best Companies for Mortgage Women to Work and has more women in upper and mid-management roles than many of our competitors. Lastly, while not all employees may have received a revised mandatory Employee Performance Review implemented this past year, it’s inconceivable that a supervisor and employee would not have had informal discussions regarding job performance in a five-year span. In any event, we welcome all feedback as we “strive to thrive” and be a better company.
Viewing 1 - 3 of 166 Reviews

Glassdoor has 166 Thrive Mortgage reviews submitted anonymously by Thrive Mortgage employees. Read employee reviews and ratings on Glassdoor to decide if Thrive Mortgage is right for you.