New Penn Financial LLC Employee Reviews

  • Job Work/Life Balance
  • Compensation/Benefits
  • Job Security/Advancement
  • Management
  • Job Culture
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
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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Nice People to work with but upper Management was not
IT Buld Team Lead (Former Employee), Plymouth Meeting, PASeptember 30, 2013
Pros: co - workers
Cons: benefits, lack of change
Co-workers were great... company does not know how to handle spending and hires too many people.... No room for learning or improvement unless you know someone .... Benefits are terrible
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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
Pros: great coworkers
Cons: lack of training
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.
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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.