Bank of America Employee Reviews for Loan Officer
Browse Bank of America Reviews by Job Title →Loan Officers at Bank of America give their company a 3.8 out of 5.0, while the average rating for Bank of America is 4.1, making them 8% less happy than every other employee at Bank of America and 5% less happy than every other Loan Officer on CareerBliss - the happiest Loan Officers work for Homefield Financial.
"I've worked for Bank of America for more than five years now, and I truly is a great company. I am looking for advancement elsewhere, because of lack of advancement opportunity in my current role. Coupled with the fact that our bonus structure has been adjust every quarter over the last two years, which reduces our incentive payments, I find I can be can be a perfect asset in a new role. I've enjoyed working for my company and will miss my co-workers very much."
"I have worked for a company, Bank of America, who proudly supports their employees’ with passion and commitment to volunteer and give as part of their approach to responsible growth. Bank of America, has been recognized as a Fortune Best Workplace for Giving Back, and they are committed to continuing their long-standing support of employee giving and volunteering. Providing grants up to $500 USD for organizations where employees volunteer regularly is an amazing way to be part of a community that stands strong!"
Average Loan Officer Ratings in the Past 11 Years
| Year | Salary |
|---|---|
| 2010 | $4 |
| 2011 | $4 |
| 2012 | $3 |
| 2013 | $4 |
| 2020 | $4 |
"I have worked for Bank of America for two years and very comfortable with origination systems. Seeking better customer experience with ease of uploading documents and online application. Prefer not working in bank environment as customer base is shifting to online direct computer access for loan origination."
"I have worked for Bank of America since 2009 and I really do not have any negative comments to make in regards to this employer. This company for the most part took good care of my family and I. The reason I left the company was due to upcoming layoffs."
Average Bank of America Attributes by Loan Officer
"Bank of America was a great company to work for."
What do you like about working at Bank of America?
"I loved being part of leadership. When work was hard I was able to pump up my team. The team worked really well together."
Do you have any tips for others interviewing with this company?
"It's a great company, make sure you are willing to work hard and do the best you can."
What don't you like about working at Bank of America?
"It is a temporary position and the work is about to end."
What suggestions do you have for management?
"They really did a great job, there was no issues in the workplace."
What do you like about working at Bank of America?
"Leads, flexibility, trying to make it better, some people, manager."
Do you have any tips for others interviewing with this company?
"Don't do it! Too much required for the income provided."
What don't you like about working at Bank of America?
"No life. Work all the time. Too hard to get loans closed."
What suggestions do you have for management?
"Changing operating system, increase commissions, have help for loan officers."
What do you like about working at Bank of America?
"Good people in a great location with a lot of prestige."
Do you have any tips for others interviewing with this company?
"Know the culture, do your research and be willing to come in as a contractor."
What don't you like about working at Bank of America?
"Not enough support or cooperation, too many layoffs and uncertainty."
What suggestions do you have for management?
"Be more responsive to the customers and the employees in Charlotte."
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Hybrid Remote, Personal Lines Account Executive
Remote - $65,000 - $80,000 per year
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Sr. Commercial Lines Account Executive (Must have a heavy real estate background in insurance-REMOTE))
Remote - $150,000 - $200,000 per year
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