DHI Mortgage Employee Reviews for Underwriter

"DHI pushes ethical boundaries to the limit"

What do you like about working at DHI Mortgage?

"The money. For underwriting at least, they pay well however that definately comes at a price."

Do you have any tips for others interviewing with this company?

"If you just need a good paycheck it's the place for you however I wouldn't plan on being here long until you burn out. Make sure you constantly have an exit plan and if you find anything that comes remotely close in pay that is less demanding, RUN to it."

What don't you like about working at DHI Mortgage?

"Nepitism runs absolutely rampant through the builder, contractors and of course at the Lender as well. If the loan officer and/or sale rep is a Horton, married to one, or involved with one, they will pretty much get their way whether the loan truly qualifies or not. ANY guideline that is a gray area or at the discretion of the u/w will basically be determined in favor of approval, whether it should or not. Any risk factor that AUS cannot read is not even worth mentioning because it will be overlooked. Companies like this will eventually lead to legislation that makes it illegal for builders to have their own lenders. When that happens, this lender will be a text book example of why. Get used to overtime and working weekends. Your personal life means absolutely nothing when turn times or number of closed loans are involved. You will be expected and frequently required to work way above and beyond the intial expectations that you are told in the hiring and training process. One Dallas area office pays their processors very little and expects way more out of them than their pay justifies. They start most of them out in the 30k range which as you can imagine, leads to absolutely horrible processing quality and multiple resubmissions to you as the underwriter. In fairness, any decent processor wouldn't even walk through the door for 30k a year so they get what they pay for. Unfortunately that burden falls onto the u/w's shoulders to pick up the slack."

What suggestions do you have for management?

"Get used to bending over. You are owned by the builder who already has no problem taking advantage of customers by building poor quality homes for top dollar so even if a manager wanted to make improvements, they would just end up getting themselves fired. My advice to management (the few that are not married to someone at the builder) would be to ride the gravy train while you can and just find a new job when you can't take it anymore. Hire MORE employees so you don't burn out the ones you have who (for now) are hanging in there. Overtime is nice but seeing your spouse and kids at night means a lot more to most of us."