New Penn Financial LLC Employee Reviews

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Cheap Cheap Cheap
Loan Officer (Former Employee) –  Strongsville, OHDecember 9, 2013
This company could not care less about their employees. They treat experienced loan officers like telemarketers. The have cheap leads, cheap offices and cheap operating systems with no secretary or processor in-house. Anything to save a buck, they cut every financial corner. They cut the pay of loan officers in 2012 in the midst record profits. Run for the hills.
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good job
Loan Officer (Current Employee) –  Strongsville, OHSeptember 10, 2013
make your own money; base + commission with draw. Management is fair given the environment of the industry currently.
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New company feeling lacks experience
Mortgage Consultant (Former Employee) –  Concord CaAugust 11, 2013
As a previous loan officer at New Penn Finanacial I would suggest finding a more established company with experience in mortgage. Everything is still new and management is learning with you. If you are seeking a company which will train you to succeed in the future this is not the place for you. Company focuses on refinance at the moment and all you do is sit and wait for phone calls to come in and attempt to convert. There is no help or room to go out and seek new business, the phone calls have slowed down a lot don't waste your time.
Pros
great coworkers
Cons
lack of training
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Great Training
Remote Government Underwriter (Wholesale) (Current Employee) –  Plymouth Meeting, PAApril 24, 2013
New Penn has Great Trainig for those who have not worked in the industry for a long period.
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small company and no upward mobility
Funder (Former Employee) –  Plymouth Meeting, PAJanuary 9, 2013
small company that only hire individuals of family members or former colleagues.
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Overall rating

2.7
Based on 6 reviews
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