Rate Environment Employee Reviews | Comparably
Rate Claimed Company
Rate was built on the principles of low rates, groundbreaking technology, complete transparency, excellent customer service and a quick, easy mortgage experience. We knew that to achieve the mission of being the best mortgage company for customers, we also needed to be the best mortgage company for employees and referral partners. We achieved that by innovating superior systems and technology to make the mortgage process easier and more transparent for everyone, and by creating a culture of positivity in which people have the opportunities to improve their lives and achieve their dreams. read more
EMPLOYEE
PARTICIPANTS
126
TOTAL
RATINGS
1249
HR or Marketing? Claim Your Free Employer Account

Rate Environment Employee Reviews

What is most positive about the culture and environment at your company?

Apparently if you’re in the clique it’s fun. If not, not so

A lot of managers are very affirming and recognize hard work.

the people are what make it or break it. there are "mini-cultures" by branch and department that vary.

No micromanagement, great team and flexibility

I work from Home pleasant

Your business grows based on your own work ethic.

Most of my co workers i would consider friends

The CEO is always looking for ways to enrich our work lives by offering positive affirmations

Pretty social

Company is looked as a comfortable but busy business

What needs to change to make the company culture better?

Accountability and attention to all branches by middle management

Value all its employees not just the PODs

Review from Operations Dept

Review Sentiment at Rate

72
72%
28
28%

About Rate's Environment

B+
75/100

Where This Score Ranks Rate's Environment

TOP
20%

In the Top 20% of 2025 similar size companies on Comparably

TOP
25%

In the Top 25% of 175 companies in Chicago

1st

1st place versus 2 competitors rated on Comparably

The environment at Rate is considered positive by 67% of employees and regarded as having an “extremely fast” work pace by 22 employees. Relative to its competitors, Kiavi (formerly LendingHome) and STARWOOD PROPERTY TRUST, Rate's environment score ranks in 1st place. This also puts them in the Top 20% of 2025 similar sized companies (1,001-5,000 Employees) on Comparably and Top 25% of 175 companies in Chicago.

Rate Environment the Highest

  • Tenure - Less than 1 Year
    +14%
  • Experience - 3 to 6 Years
    +11%
  • Gender - Male
    +9%

Rate Environment the Lowest

  • Department - Operations
    -7%
  • Department - Engineering
    -2%

How Rate's Environment Score is Calculated

FILTER RATINGS BY

Results from 45 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
7 or less4%
863%
1029%
120%
More than 124%
On average, how many hours do you work a day?
AnswerPercent
Extremely fast49%
Comfortably fast33%
Moderate16%
A bit slow0%
Bureaucratic2%
What's the work pace at your company?
AnswerPercent
Positive67%
Negative33%
Is your work environment positive or negative?
AnswerPercent
Yes25%
No75%
Does someone you work with closely, make you want to quit your job?
AnswerPercent
Yes80%
No20%
Do you have a close friend at work?
AnswerPercent
5% or Less60%
5-10%20%
10-25%20%
25-50%0%
50%+0%
What % of the time are you bored at work?
×
Rate your company