There are newer employer reviews for New Penn Financial
There are newer employer reviews for New Penn Financial

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A refreshing experience in the new age of the mortgage industry.

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at New Penn Financial

Pros

Employee focused with growth and development in mind.

Cons

Lack of strong brand recognition nation wide due to young age.

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  1. Helpful (1)

    Absolutely terrible

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New Penn Financial full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Honestly I can't think of one good thing about this company.

    Cons

    You would make more in a restaurant 7.25 an hour base. The promise that everyone there is closing large numbers of loans and everything is set up for sale side. In reality it's the opposite, everyone is closing max 3 loans due to a convoluted underwriting process. Training is terrible either you get it or you don't and you have a week to absorb all of the information. The computer software they are designing is garbage. It stops working constantly. Oh and the 1500$ automatic withdrawal from your commission every month doesn't help either. And you won't be moving up in the company...ever.

    Advice to Management

    Train your employees, or use a more common user friendly mortgage software. Get better managers who are willing to do their job and are polite.


  2. I guess experience is experience.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at New Penn Financial full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Relaxed culture / atmosphere. Occasional free lunches

    Cons

    Low wages compared to industry. No room for advancement or structure for progression.


There are newer employer reviews for New Penn Financial
There are newer employer reviews for New Penn Financial

See Most Recent

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