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Top Flite Financial

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Good People - Senior Loan Originator Top Flite Financial Employee Review

5.0
2 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Our managers and branch managers truly care. The industry was contracting last year and still is. Our Branch Managers committed to not laying anyone off regardless of the short-term financial consequences, which I'm sure was very significant. This was while the industry fired 40% of its operational workforce. This is such a rarity in any industry and unheard of in this one. Todd and Dave are two of a kind. In addition, I need to earn a living and provide for my family, this company created the ability for me to earn a substantial living. I've done pretty well in other companies I've worked for and made six figures. I've more than doubled my income here and last year was a down year. Can't wait for the future.

Cons

If you're applying for the Mortgage Coordinator or Loan Originator position, this is a results-based economy. Effort is MOST important. However, having to stomach the ups and downs is a requirement. I truly believe that talent is an acquired skill set and if you combine effort with a willingness to learn, there isn't a better place and people to work with and for. Keep in mind that although showing up is half the job, putting in the hours won't always translate to new business being generated. Be intelligent and frugal with your paychecks. Put yourself on a budget, stick to it, and no matter what, at the end of the year, you will contribute to your nest egg.

Explore other reviews about Top Flite Financial

5.0
19 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Family feel Supportive management Big on CE

Cons

They don’t give bonuses although they say there’s a possibility for them.

4.0
23 May 2026
Recommend
CEO approval
Business outlook

Pros

Great culture, great training, supportive teammates, and managers. If you perform, you are rewarded. They will teach you how to do it, and they have a high pass rate to get your license. The training is 2nd to none. They take people who don't know anything about mortgages, and turn them into $100K a year producers.

Cons

It's a commission-only sales job. If you don't close, you get on a draw, and that can become a black hole. That's not why I left, though. I left because they changed the pay structure several times within a few years, and on the last one, they basically said, "If you don't like it, we appreciate your work, but there's the door." (Example: Our pay started off at 1% (100bps) of closed sales, then brought in MCs, and if they handed you a deal and it closed, they got 30% (30bps) of that deal, often from a 3-5 min. phone call. When LOs stopped wanting to take MCs' deals, they moved to a tiered system where, instead of counting the volume of closed loans, they counted the # of loans closed. The top 50% who closed the most loans got 1% of the total amount closed, the bottom tier (the least # of closed loans for the month, regardless of volume) only got .07% of what they closed, or 70 bps. The "leader board" would change monthly. One month you could be in the top 50%, and the next month dip below. Also--the Mortgage Coordinators would take most of the leads first thing in the morning, and give it to the top producers (as they should), but it often kept people where they were in the leader board. --You will work both coasts’ hours, and you will have to put in a lot of time to be successful.

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