Ameriquest Mortgage Reviews
52% would recommend to a friend
(27 total reviews)
What people are saying about Ameriquest Mortgage
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Found 27 of over 27 reviews
Updated May 19, 2023
- 5.0Mortgage Loan OfficerFormer Employee, more than 3 yearsLos Angeles, CA
Pros
Excellent team environment. They put out a lot of contests, I won every single one.
Cons
Low commission split. 20% was the max of revenue.
- 3.0Mortgage Loan OfficerFormer Employee, more than 1 yearSkokie, IL
Pros
Ability to make a few thousand off of one loan.
Cons
You have to close your own deals.
- 5.0Brand ManagerFormer Employee, more than 3 years
Pros
Life changing! All thanks to God!
Cons
Long hours. Demanded to you to always work at your highest level of talent. (Kinda of pro too)
- 2.0Account ExecutiveFormer Employee, more than 1 yearSacramento, CA
Pros
They offered great mortgage products for borrowers who were self employed or had alternate types of income from the industry standard. Great prizes to win for contest that were top sales driven.
Cons
They only sought a certain type of manager to run branches that were always less concerned of the importance of the position we as loan officers held and more concerned with revenue. To often majority of the managers would faulesify documents in order to close loans and often teach subordinates to lie to customers.
- 3.0Account ExecutvieFormer EmployeeMather, CA
Pros
Great Benefits; Nice Facility; Steady Paycheck; All the tools needed to succeed were in place and individuals were accessible
Cons
The place was an absolute sweat-shop; typical days of 6 AM to 8 PM were expected along with Saturdays and possibly even a Sunday
- 2.0Loan OfficerFormer Employee, more than 1 yearSterling Heights, MI
Pros
The potential to make big money long term or be promoted was good
Cons
They only do low credit score mortgages, the costs to a consumer to use their services was extremely high. High points and closing costs.
- 4.0Account ExecutiveFormer Employee, more than 1 yearHouston, TX
Pros
They had an extremely impressive marketing and lead generation systems that had been finely tuned, and worked very well.
Cons
The company was growing at a pace that did not seem to be sustainable.
- 5.0Anonymous EmployeeFormer Employee
Pros
was a great job lots of rewards for work you did, including trips to casino, free dinners, limos, and bonus on paycheck. It was fun place to work !
Cons
the company is not there anymore
- 4.0Loan OfficerFormer EmployeeOrlando, FL
Pros
The income and good leads. Lots of branch dinners, trips to vegas, the islands, sporting events, etc
Cons
Very very long hours. Not paid for over time.
- 3.0Anonymous EmployeeFormer Employee
Pros
The mortgage industry offered many opportunities for growth. The company was a niche sub-prime lender.
Cons
At the time of employment the company as well as the sub-prime market had collapsed.
Ameriquest Mortgage Reviews FAQs
- Ameriquest Mortgage has an overall rating of 3.3 out of 5, based on over 27 reviews left anonymously by employees. 52% of employees would recommend working at Ameriquest Mortgage to a friend and 19% have a positive outlook for the business. This rating has been stable over the past 12 months.
- 52% of Ameriquest Mortgage employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Ameriquest Mortgage 3.0 out of 5 for work life balance, 2.8 for culture and values and 3.1 for career opportunities.
- According to reviews on Glassdoor, employees commonly mention the pros of working at Ameriquest Mortgage to be benefits, coworkers, career development and the cons to be culture, management.
