RP Funding Employee Reviews

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Great
Insurance Clerk (Former Employee) –  Maitland, FLSeptember 25, 2017
Great company clean building location is great they do have one manager her name is Karen who was a jerk but if you can stay out of her way you should be fine High turnover rate but you're able to make some money while you're there
Pros
Location pay
Cons
Stressful
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Third world mindset. Very military style. Boiler room. Not a fun place to work at all
Sr Loan Officer (Former Employee) –  Orlando, FLSeptember 14, 2017
If you are inexperienced and are okay just being an app taker go for it. Very condescending attitude from managment. They play games with rates just like a car dealer. Boiler room mentality
Pros
Lots of leads
Cons
Boiler room
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Poor management, low pay with little bonus structure, no health benefits or maternity leave
Mortgage Loan Processor (Current Employee) –  MaitlandDecember 1, 2016
RP Funding offers no training for it's associates while requiring associates to "find their way" with little or no management assistance. They offer sick and vacation that must be accrued, however sick time is only paid with a Dr's note. They offer no maternity leave. The bonus structure is non existent and impossible to achieve. The benefits they offer are extremly expensive with high deductibles. Upper management holds production meetings with staff while screaming and use of profanity is used to "get the job done". Their expectations of closing loans in 10 days with their underwriting staff is physically impossible. All RP Funding cares about is closing loans quickly with poor attention to detail and total lack of employee support or appreciation or any work/life balance.
Pros
Cereal Bar, Fountain drink machine
Cons
No Benefits, poor management, lack of pay and bonus, no loyalty to employees which performs their day to day business
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Pro; The phones never stop ringing. Con; Bad for families.
Loan Originator (Former Employee) –  Maitland, FLNovember 7, 2016
Not good for families, especially single parents. Mandatory hours for Originators from 9am to 6pm. Most Saturdays also. RP Funding is clear and upfront with this requirement.

Office is dated and very dirty, especially the kitchen and bathrooms. Cockroaches in the kitchen, pad locks on kitchen cabinet doors. Foul community bathrooms. Must leave the floor (and building) to find clean and properly stocked facilities.

The firewall between origination and processing make it very hard to create raving fans. Loan Officers are explicitly told to forget a borrowers name once the loan is submitted. Processors are expected to handle client communications after the loan is submitted and locked.

The phones never stop ringing, and with a positive attitude, income can be good for those who can work the mandatory schedule (50+ hours per week avg) and prefer not to market or work P2P.
Pros
Phones always ring.
Cons
Mandatory 6pm clock out time, no work life balance.
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Starting Company
Processor (Current Employee) –  Jacksonville, FLOctober 16, 2016
As most new starting company it needs improvement for better benefits package. Job promotions are based on position appointed instead of earned or applying for it. Management is concentrated in production instead of motivation strategies.
Pros
Free breakfast and drinks
Cons
no good benefits
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Great place to work, good pay
Staff Accountant and Accounts Payable Specialist (Current Employee) –  Maitland, FLMay 9, 2016
Very Busy, very loud, good pay, good place to work, long hours.
Great Accounting Managers. This is a very diverse place to work at.
Pros
Free breakfast
Cons
Benefits are not so great
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Overall rating

3.0
Based on 7 reviews
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Ratings by category

Work/Life Balance
2.4
Compensation/Benefits
2.7
Job Security/Advancement
2.7
Management
2.7
Culture
2.6

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