Ameriquest Mortgage Employee Reviews
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Productive environment
Sales manager (Former Employee) - New York State - July 20, 2023
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The most useful review selected by IndeedGood company with inconsistencies upper managers. Focusing way too much on profits & selling customers adjustable rate mortgages instead of safer fixed rate.
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Company review
30-60-90 day collector (Former Employee) - Orange, CA - January 7, 2021
Company grew really fast and hired people without CSR experience but aggressive at collecting and breaking several collection laws. Hours were long and if time off was needed it was frowned upon. Upper management was clueless and many mistakes were covered up to keep the numbers up and Investors to buy big balloons of delinquent loans. Management was divided in many ways. Some people had class and some none.
Pros
lots of advancement opportunities for employees with the right connections
Cons
long mandatory hours and overtime every 15th & month-end, auto-dialer keeping track of every second of my day
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Good Managment
Loan Originator (Former Employee) - Honolulu, HI - January 5, 2021
Excellent pay and excellent pay. Loans were in bound and out bound calls. Love the atmosphere in the work environment. Manager was very professional and interesting. Job was for formal and educational. This company was excellent from the start.
Pros
Love the lunches
Cons
Short breaks
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Great training
Senior Loan Officer (Former Employee) - Los Angeles, CA - January 15, 2020
Ameriquest’s training was like no other bank I worked at
Ameriquest was a subprime bank that closed loans within 5 days or less
Their software was ahead of its time
The environment was extremely intense
If you had not collected the necessary documents within three days the file
Was taken from you
500 calls a day if you didn’t get an app per day you knew not to come back to work
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I loved this company
Loan Officer (Former Employee) - North Frwy - June 27, 2019
A exceptional company to work for. I would work for them again. Learning..growth..buddy system..team player.
Trips..incentives..just a awesome company
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Ameriquest Mortgage insights
What people like
- General feeling of work happiness
- Clear sense of purpose
- Overall satisfaction
Good company to make money
Mortgage Loan Officer (Former Employee) - Rancho Cordova, CA - June 10, 2019
This company is now out of business I did enjoy working here because of the money and you could work as man hours as you wanted to and they always compensated you.
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Great workplace cutlure!
Loan Originator (Former Employee) - Plantation, FL - June 4, 2019
I learned so much about the mortgage industry as well as project management and overseeing loan officer trainees. A typical day at the office included something challenging that I enjoyed.
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Sub-prime lender
Account Executive (Former Employee) - Ne London, CT - May 22, 2019
Ameriquest was a sub-prime lender. There is a reason why it doesn't exist anymore. It was one of many companies that contributed to 2008 economy crash.
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helpful fun workplace.
Mortgage Broker (Former Employee) - Winston-Salem, NC - April 16, 2019
The ability to help customers purchase or keep their dream home was a challenging and fulfilling experience. The ever changing rules and laws within the mortgage industry.
Pros
life helping experience to others.
Cons
can't help everybody
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No longer open for business
Account Executive (Former Employee) - Miramar, FL - April 16, 2019
If you insist on me writing about an employer who is no longer open for business because it was closed down by the feds for disingenuous practices, i have.
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Terrible now defunct
Account Executive (Former Employee) - Plantation, FL - April 4, 2019
you get recruited to learn about mortgages and financing and turned out to be a subprime fraud machine. They are lucky not to be in prison. all the money was made by fraud.
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Decent place to work, but they were making too many bad loans
Senior Risk Analyst/Risk Analyst Supervisor (Former Employee) - Anaheim, CA - March 27, 2019
Ameriquest was a sub-prime lender that was a good company when I started, but they started growing too fast and making bad loans which led to the company closing.
Pros
Good compensation
Cons
Long work hours
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Fast place work envierment with great customers
Account Manager (Former Employee) - Woodbury, MN - March 20, 2019
Ameriqust Mortgage is always training its employees, so they can do a better job for there customers. You will be helping many customers and all of there friends also. Referrals are a big part if done right way.
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I never worked at Ameriquest Mortgage. I worked at Ameriquest Staffing.
Per diem RN (Current Employee) - Denver, CO - March 12, 2019
I have worked for Ameriquest STAFFING for many years. They have always treated me as family. They are very fair & supportive of their staff. It is a pleasure to work for them. I have worked for them on a per diem basis, full-time, part-time, contract & travel nurse.
Pros
Weekly pay, autonomy, may pick own hours
Cons
Availability of jobs tends to run in cycles, w/slow-downs
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A lot of room to advance
Loss Mitigation Specialist (Former Employee) - Orange, CA - February 22, 2019
Ameriquest started off as a small company and became big too fast. No set policies were put in place. When they shut down the Orange location many employees were forced to move to riverside.
Pros
Flexable work time
Cons
Management needs training on how to work with employees
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cut throat
Loan Officer (Former Employee) - Sacramento, CA - January 10, 2019
This company went out of business when the mortgage industry rid of subprime lenders. the goals were obtainable and you were given lots of tools to close the deal.
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Productive and fun to work at.
Loan Processor (Former Employee) - Corona, CA - January 4, 2019
Very productive company. Always room for growth. Great team work atmosphere. Ameriquest provided training and travel experiences. Also provided bonuses and commission on top of hourly pay.
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fast paced/productive place to work
Senior Loan Coordinator (Former Employee) - Nashville, TN - December 21, 2018
great place to work if you love multi-tasking in a very fast paced environment--if you are a people person this is the job for you--the pay can be extraordinary!!!
Pros
distinct deadlines
Cons
third party time constraints
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Out of Business
Area Sales Manager (Former Employee) - Liberty Lake, WA - December 18, 2018
Company was great to work for and pampered their employees. Work hours were long, but compensation was outstanding. Management was not good at all and didnt care about employees time.
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ok
Loan Coordinator (Former Employee) - Rancho Cordova, CA - December 7, 2018
have been working at EMPLOYERS full-time (More than 5 years)
Pros
There are a lot of opportunities to gain knowledge and grow in this company. A lot of good people working here, and many who have been here for 10 years or more!
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My entry into mortgage lending
Mortgage Specialist (Former Employee) - Los Angeles, CA - November 28, 2018
This was a business designed to exploit the relaxed lending practices that took place from the late 1990's through the real estate crash of late 2007.
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Ask a question about working or interviewing at Ameriquest Mortgage. Our community is ready to answer.Ask a QuestionOverall rating
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Ratings by category
3.5 out of 5 stars for Work/Life Balance
4.0 out of 5 stars for Compensation/Benefits
3.3 out of 5 stars for Job Security/Advancement
3.5 out of 5 stars for Management
3.6 out of 5 stars for Culture
Questions about Ameriquest Mortgage
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