Compare Freedom Mortgage vs NewDay USA BETA

See how NewDay USA vs. Freedom Mortgage compare on employee ratings, job openings, CEO approval, business outlook and more.

Employee Ratings

Overall Rating
(full-time and part-time employees only)
2.4
(based on 559 reviews)
3.4
(based on 349 reviews)
Career Opportunities
2.3
3.5
Compensation & Benefits
2.7
3.7
Work-life balance
2.6
2.5
Senior Management
2.1
3.3
Culture & Values
2.2
3.5
CEO Approval
Freedom Mortgage Ceo Stanley Middleman
27%Stanley Middleman
NewDay USA Ceo Robert Posner
73%Robert Posner
% Recommend to a friend
26%
62%
Positive Business Outlook
26%
56%

Salaries

Salaries for similar jobs
Sales Manager3 Salaries
$78,676/yr
Loan Officer40 Salaries
$40,434/yr
Business Analyst15 Salaries
$51,484/yr
Account Executive158 Salaries
$53,345/yr
Loan Officer6 Salaries
$47,787/yr
Business Analyst7 Salaries
$56,147/yr

What Employees Say

Pros
"Work environment"(in 21 reviews)
"Great people"(in 16 reviews)
"Licensing"(in 46 reviews)
"Hard work"(in 30 reviews)
Cons
"Loans"(in 28 reviews)
"Loan officers"(in 27 reviews)
"Long hours"(in 65 reviews)
"Work life balance"(in 43 reviews)
Featured Review

Current Employee - Finance

I have been working at Freedom Mortgage full-time for more than 5 years

Pros

Great people and co workers, a focus on community, customers and service. Leadership is committed to the growth and development of employees providing opportunities to work in various roles in the... loan origination and servicing process.

Cons

As a privately held company, some aspects of performance are not transparent, though this is a competitive strength in the marketplace.

Advice to Management

Keep supporting our employees with great recognition initiatives. Leadership conference, internal recognition programs, and building for the long term.

Current Employee - Account Executive

I have been working at NewDay USA full-time for more than a year

Pros

NewDay is a great company to work for and provides you with the opportunity to succeed. As a sales employee, the inbound leads and no cold calling is almost unheard of in the industry. They pay a... competitive $60K base plus commission, bonus's, benefits, PTO, which is very generous to say the least, plus more. The company even pays for your training (most companies do not do this!) and has their own University that you start out in your first few weeks on the job. I didn't know anything about the mortgage industry when I started, and I was provided with all the materials and resources to learn everything you need to know about the industry and the company to do the job well. I get numerous job offers daily simply because of NewDay's training program and leadership that is unlike any other company. I have been promoted twice in the past two years working for NewDay, and my managers and leaders have given me that opportunity to achieve the goals I set for myself. I am given the independence to run my own business in a sense, and the leaders provide the right amount of guidance and weekly meetings to keep you on track. Just like most sales positions, you need to be self-motivated, competitive, and driven to do well. I would describe most employees and the company culture at NewDay to be competitive and high energy. At the same time, everyone is on a team named after the NFL and is supportive of each other's success and is always helping the person beside them. Success is not only recognized individually, but as a team as well.

Cons

Most people will say that the hours are the downside of working at NewDay, and we do work more than 40 hours a week. However, the compensation is way more than any 40 hour job and is well worth it.

Advice to Management

Continue to be transparent with employees. The monthly meetings with the CEO to provide updates and recognition is very much appreciated. It is also great to continue the lunches with the Admiral... when you get promoted or hit a personal goal. I recommend having a wider variety of fitness-related events for employees on a weekly/monthly basis and partnering with a local gym for discounts to encourage healthy lifestyles. This may already be available but I am not aware of it if it is.

Job Postings