Get It In Writing - Junior Loan Officer Flagstar Bank Employee Review

1.0
8 Jul 2018
Recommend
CEO approval
Business outlook

Pros

Flagstar bank has no redeeming values

Cons

Lack of leadership. Not following through with agreements. After going through an extensive interview process lasting over 3 months, and receiving a verbal commitment on compensation/position as a Sr. Loan Officer I decided to join Flagstar Bank. Within the first week everything I was told was a lie, everybit of it. From position to compensation. If you're considering working as an LO for Flagstar take a deep look in culture, comp plan, and programs as you will find better options elsewhere. More importantly get everything in writing. Accept no verbal agreements.

Explore other reviews about Flagstar Bank

5.0
27 Feb 2026
Recommend
CEO approval
Business outlook

Pros

Very knowledgeable and helpful people who are experts in enterprise systems

Cons

N/A during my time with the company

1.0
25 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Clients are amazing. Made some real friends.

Cons

No advancement. Will promise you the world to get you to stay. Ask you to give as much notice as possible when you are leaving but will find a ridiculous reason to fire you. Never hitting financial targets so no bonuses. Terrible branch management.

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