NewDay USA Reviews

3.2
Rating Trends
Recommend to a friend
Approve of CEO
NewDay USA CEO Robert Posner
Robert Posner
74 Ratings
  • Review from normal Account Executive

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Fulton, MD
    Current Employee - Account Executive in Fulton, MD

    I have been working at NewDay USA full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I'm a normal account executive, not a VP or AVP. The job is fast paced and there are ups and downs associated with any sales job. NewDay is a great job right out of school because you'll learn about finance, real estate, and how to sell. You need to work hard here to be successful. I'm in my 2nd year here and on pace to make 6 figures. There is also an opportunity here to take on a leadership role very quickly. Co-workers are supportive. 50k base.

    Cons

    There will probably be times, especially in the first year, when the amount of money you are making doesn't justify the amount of time you are required to work. The hours can weigh on you some weeks and not as flexible as I would like.

    Advice to Management

    Cut down on the hours a bit more but keep expectations for production the same. This will help us grow to company more and improve retention. Good AEs will still work the same amount or more because they know what production is needed to make money.


NewDay USA Interviews

Interview Experience

Interview Experience

30%
35%
35%

Getting an Interview

Getting an Interview

30%
23%
15%

Interview Difficulty

2.8
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    No Offer
    Negative Experience
    Easy Interview

    Application

    I applied through an employee referral – interviewed at NewDay USA in July 2015.

    Interview

    I was contacted through a current employee offering a job opportunity. I had my resume posted online.Please be advised whenever someone reaches out to you it might be a hoax. This is exactly what happened to me. I came in for a interview waited for 2 hours in a room to talk to "VPs", inflated job titles, about how good my background is. This is the most unprofessional company I went for an interview. The process is horrible BEWARE stay away. I should have followed other's advice before walking in for the interview. This company looks shady and i'm glad I wasn't offered a position. There is a bunch of fake Wolf of Wall street vibe going on. Guys thinking they are greater than God attitude. They tried to sell me the job like their crappy mortgages. Save 2 hours of your life and don't even go. This company tries to take advantage of a recent grads and brain wash them about how much money they can get. My advice is find a company that has structure and a solid reputation.

    Interview Questions

NewDay USA Awards & Accolades

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Additional Info

Website www.newdayusa.com
Headquarters Fulton, MD
Size 150 to 499 Employees
Founded 2002
Type Company - Private
Industry Finance
Revenue Unknown / Non-Applicable
Competitors Unknown

NewDay USA provides homeowners with VA and FHA mortgage loans that address a variety of needs and goals. Our company is: Ranked nationally as a top VA mortgage lender Focused on providing outstanding service Respected by the military community BBB accredited with an A+ rating Dedicated to serving our community At NewDay USA, we understand that a home is often one of ... More

Mission: Making a difference…changing the lives of our customers is something we’re very proud of at NewDay. Every day, more and more of our customer discover the financial peace-of-mind that comes from having money in the bank, being well-prepared for a comfortable retirement, or achieving the American dream of owning their home. Our goal from the beginning was to create the most customer-friendly consumer finance company in the world.

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