Had a good run as a Mortgage Banker in DFW. - Mortgage Banker Chase Employee Review

1.0
30 Jul 2014
Recommend
CEO approval
Business outlook

Pros

I made a good living there. Good benefits, good work life balance, nice 401k match and pension.

Cons

Terrible local management in DFW East. I was a top producer in the market and wasn't allowed an assistant while colleagues in other markets with less production got assistants. I had 4 lending managers in my last18 months as a Mortgage Banker all of which hated working for their Manager. Her poor leadership and toxic management style trickled down to make Chase a bad place to be a mortgage banker. I put up with this until Chase announced they were reducing their compensation for Mortgage Bankers. I know this was upper management's calculated attrition plan which backfired on them since recently they gave an additional bonus to MBs to keep them from leaving. Chase shouldn't be in the mortgage business since although the bank is over 200 years old they still haven't figured out a way to effectively process or underwrite a home loan. Now that I am at a competitor I appreciate all of chase's deficiencies since it has resulted in additional business for me.

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5.0
20 Jan 2026
Recommend
CEO approval
Business outlook

Pros

great monthly uncapped commission and annual

Cons

Lowest salary in the industry

4.0
15 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Inclusive work environment with excellent benefits, even as a part time employee.

Cons

Your are sometimes required to complete the very same task as other co-workers, but do not receive any commission pay that the other person in another role does receive.

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