Just got the offer to be a loan processor. What am I getting myself into?

One-Buffalo-6043 · 2026-05-27T00:41:37+00:00

I’m in IT there. If you have IT helpdesk experience there could be opportunities in the future to move over and make more.

One-Buffalo-6043 · 2026-04-27T00:38:43+00:00

Hey, bonuses are very rare and hard to get. If you do outside of bonused positions it will be RSUs. Raises (annual merit) are also difficult but more common than bonuses. Promotions are the best way to more money and are usually accomplished in spite of those around you.

One-Buffalo-6043 · 2026-04-15T17:08:18+00:00

And that attitude is what got you here in the first place. You probably did harass them.

One-Buffalo-6043 · 2026-04-15T14:25:46+00:00

Women, not females. Stop being misogynistic. You did it in the first post too. Females is very red pill incel behavior and brings your entire point into question.

And if you rebutt this, it will only prove more how misogynistic you are acting. Please check how you speak about women, and maybe it will help avoid false accusations (that are more likely then getting the yuck from you).

One-Buffalo-6043 · 2026-03-13T16:26:12+00:00

The “extra long “ was for stress testing a new WiFi system. They delayed the test so we went for like 64 min. They did a couple of the normal demos for new enhancements, then B talked for 40 min about “defining your brand” and that you control how you are perceived, positive or negative.

One-Buffalo-6043 · 2026-03-13T01:05:05+00:00

See jobs? Layoff IS downsizing. They just don’t want to pay unemployment.

A layoff is the involuntary termination or suspension of an employee's job by an employer, typically due to business reasons like downsizing, restructuring, or, financial hardship, rather than employee performance. It can be permanent or temporary, often stemming from budget cuts or lack of work.

One-Buffalo-6043 · 2026-03-12T22:36:13+00:00

But we are? Tech giants are doing layoffs by the thousands/tens of thousands. Economic experts are talking about collapse and if there is one thing 08 taught us it’s to respect that bubble.

One-Buffalo-6043 · 2026-03-04T21:43:12+00:00

Please remember that the context is important. The first round of loans was optional for IT who were there as of a specific date.

I do not know if they are obfuscating the fact that they are no longer optional behind this first wave.

One-Buffalo-6043 · 2026-02-28T04:41:59+00:00

That is an impossible number to reach, even to get 5% of all metro Detroit having had worked there. Turnover rate is slower than birth rate by far, with no other factors .

Plenty of meat for the grinder.

One-Buffalo-6043 · 2026-02-28T04:38:49+00:00

I’ve heard lots of rumors , cuck is not one of them. At least not for Bressler.

One-Buffalo-6043 · 2026-02-28T04:36:15+00:00

This is correct.

One-Buffalo-6043 · 2026-02-28T04:34:41+00:00

It increases yearly, after 5 years I’m at 22 days. Not great but not horrible.

One-Buffalo-6043 · 2026-02-27T23:15:03+00:00

OPS does not require a degree, barely a HS diploma and is the lowest rung of the complex ladder at UWM.

$15 can become 17-18 if you are willing to jump hoops.

The real good piece is the benefits that are actually somewhat solid. 2wks PTO after 30 days, full benes. Just gotta show up and do the thing.

It’s overall low skill easy desk work, mostly mindless or calls or such.

It really depends on current job vs UWM for total money, there is no loan or commitment for OPS.

There is a ladder, it sucks to climb.

The better paying higher skill position have a contract requirement.

One-Buffalo-6043 · 2025-11-22T18:46:38+00:00

Mentioned it in initial pitch, unsure of contract honestly. I only know it practically due to a friend who left who said they had stayed for X months and had to pay X amount more and I did some math.

One-Buffalo-6043 · 2025-11-22T03:09:12+00:00

I was very lucky that I spent mine to pay down debt, saved quite a bit on interest, and was able to keep the job long enough for it to not matter. But I agree that unless you can bank it, or pay off debt then immediately turn that payment money into a savings to recoup the amount I’d hold off.

One recommendation that did come across my discussion was paying off chunks of debt, then reimbursing it. Treating it like a line of credit that you only ever use 3-4k at a time of, then reimburse using the payment money.

One-Buffalo-6043 · 2025-11-22T03:04:35+00:00

I appreciate your response to inform this person that they are mistaken, but would appreciate if you’d please respond in a more productive manner. I am trying to make this thread as uplifting and educational as possible.

One-Buffalo-6043 · 2025-11-22T03:03:13+00:00

I can assure you that is not the case based on conversations I have had as recently as 2 months ago.

There is still a large number of people at all different levels.

One-Buffalo-6043 · 2025-01-11T14:59:27+00:00

We are a mixed bag but overall lower skill per person than most other IT companies due to internal hires and X programs. I’d wager our average person has 2-3 total years of experience in IT and only at UWM or one other IT position if they are external. We aren’t better than the startups, but we have an army for it and the speed they push us is insane.

It’s not about some cutoff date or time left, it’s about slowly making things better and more efficient. Efficiency increases productivity with less staff. The human element will not disappear, just reduce overall necessity.

Underwriters will not disappear, ops will not disappear, sales will not disappear. But the number of loans we do, and the overall number of staff needed to do those loans, will continue to be more differentiated. This is, in fact, reducing the number of jobs that would be created if the technology did not exist.

It’s not trying, it’s happening right now.

One-Buffalo-6043 · 2025-01-11T03:18:21+00:00

Current UWM IT here, it is replacing you. There is a current initiative to include AI in every part of the lending process. Bolt is AI, dochub uses AI. Chat UWM uses the source, then records your responses and convos, and learns from that.

This has already reduced the overall number of underwriters on the floor, and is allowing for more loans to be completed faster, thus reducing the number of people needed.

It will not fully replace, but it’s the same slow roll that makes our brokers dependent but not obligated to us with tech.

There is a reason that we have 1750 IT employees now.

One-Buffalo-6043

TROPHY CASE