NewDay USA - A great oppurtunity to work for a growing company where you always have the ability to advance your career | Glassdoor
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There are newer employer reviews for NewDay USA

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"A great oppurtunity to work for a growing company where you always have the ability to advance your career"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Underwriter in Fulton, MD
Current Employee - Underwriter in Fulton, MD
Recommends
Positive Outlook
Approves of CEO

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

Pros

New day is a growing company with great leadership and management. There are many oppurtunities for career growth and hard work is always rewarded. The training is top notch and everyone is always willing to help eachother out in order to help the company succeed.

Cons

The only con I could see people saying is the hours. Most people do not just work the normal 9-5 however you receive bonuses by volume you produce so most choose to work a little more. The only time you truly are asked to work extra is at the end of the month so we can hit our goals.

Other Employee Reviews for NewDay USA

  1. "If you're willing to put in the work, you'll find great success here!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Closer
    Current Employee - Closer
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I graduated from college, and like many, had a hard time finding a job in my field. I was stuck working retail, and did not see a lot of other options on the horizon. I applied at New Day, and found a career. You can do anything you set out to, and you'll have the ability to wear many hats. You'll start with a competitive base salary, plus commission/bonuses. The benefits are stellar, and you have great opportunity for growth. Each day is never the same as the last. Further education is highly touted, and ever-present. If you'd enjoy learning an industry that will be beneficial in many aspects of life, you would be happy to call this your home.

    Cons

    Hours can be long, but they tend to balance out through the month. If you're looking to coast, this is not the place for you.

    Advice to Management

    Please offer extra training for staff, as this never-stagnant business is so highly prone to change, and can be dizzying to keep up with.


  2. Helpful (10)

    "You will be ashamed of your employment once you understand what you are doing."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Baltimore, MD
    Former Employee - Loan Officer in Baltimore, MD
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at NewDay USA full-time (More than 3 years)

    Pros

    If you are really freaking good at sales, you will make money but of course, if you are good at sales you don't need this vehicle. There are thousands of other jobs that will pay better with less stress. The training is top notch. They spend a great deal of time helping you learn the industry and absorb all the costs of getting your licensing.

    Cons

    The overly obvious canned positive reviews should tell you all you need to know. I doubt there is a single positive REAL review on here.. They have been doing the same routine for the last 15 years. Make you wait 7 hours to be interviewed Make you some subservient smuck for your first year of employment- dangling out the carrot of the supposed riches that await your effort. Making you work 90 hours a week with the threat of working on Sundays. Stop me if you've heard this one, "Congratulations everyone, you just got a raise because you are going to work this Sunday." Constant fear, threats and pressure to make numbers. Do you think any other lender offering VA loans operates this way?

    They take advantage of freshly minted, eager, young college grads by teaching them to take advantage of their less sophisticated peers who have just come back from war.. Being a soldier is a noble and brave choice. Coming home emotionally and physically scared, you are not in a position to make the best financial choices. Lets be honest, soldiers don't read the Wall St. journal in the first place. The fact that this company portrays itself as some "friend of the soldier" is an in-your-face wolf in sheep's clothing as you will ever see. They have former high ranking servicemen who have influence. They are on the take through the guise of being on the "board of directors". Ask yourself, WTF does a former ranking officer have to offer a mortgage company that merits being on their Board??? Do you even think they know what a basis point is? They are there to exert influence on the VA. The VA is complicit in steering their veterans into the most expensive and therefore, worst loan on the market to meet their veterans needs.

    Ask yourself, does this sound like the tactics of a compassionate company that wants to *help* the honorable people that have served this country? Or do you think this might just be a boiler room focused on preying on some of the least financially savvy people out there?

    NEW DAY doesn't offer any VA loan that is any different than any other loan you could get from any other VA lender. There are thousands to choose from. The only difference is that their loan will cost you $5-15k more depending on loan size than you would have received from any other lender.

    Advice to Management

    Hope one of your scorned employees doesn't decide to pick up the phone to 60 Minutes and expose your shenanigans.

There are newer employer reviews for NewDay USA
There are newer employer reviews for NewDay USA

See Most Recent

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