Very demanding position but really enjoy the people I worked with
Sr. Loan Processor II (Former Employee), Tampa, FL – October 22, 2013
A typical day of work was getting into the office earlier than most to check emails and follow up phone calls. I marked my daily schedule for end of day results I would like to complete. I reviewed, analyzed and prepared loan packages to the underwriter. I learned a great deal about Fannie Mae and Freddie Mac products and other programs offered through – more... New Penn. My co-workers were very nice and really enjoyed the company environment. Management was reachable and always was there for any help that was required. The most enjoyable part of the job was once the loan closed, the clientele that were so happy either to move into a new home or to be on the road of a financial plan be refinancing.
Overall, the job was very demanding but love the attitude and the team leadership the company provided. – less
Mortgage Consultant (Former Employee), Columbia, md – October 1, 2013
My responsibilities at New Penn Financial include; • Selling and marketing of New Penn Financial Mortgage Loan products within bank policies and procedures as well as consistent, effective referrals of mortgage clients for other bank services, (Integrated Relationship Management), including the qualifying package of services, and insurance products. • – more... Executing effective mortgage marketing plans to meet and exceed agreed upon mortgage production goals. • Maintaining a complete and thorough knowledge of New Penn Financial Strategies, Policies and Procedures, as well as secondary market investor's guidelines utilized by the bank. • Adhering to and complying fully with any and all New Penn Financial policies and procedures related to internal and external rules and regulations, particularly those established by State and Federal law. • Providing mortgage clients sound mortgage advice based on a full understanding of client needs as well as New Penn Financial Mortgage products and their benefits. • Consistently execute New Penn Financials referral process (IRM) by introducing mortgage clients to other bank services for cross sell opportunities. • Assisting Mortgage Loan Administration with client, attorney, or appraiser document follow-up as determined through quality control or post closing review. • Qualifying and helping to finance loans for Home purchases as well as home refinance – less
(Not Providing) (Former Employee), Irvine, CA – August 4, 2013
Pros: most people are great to work with.
Cons: mundane job that you get stuck in for a long time unless you can play the political game and advance
At first, I was enthusiastic about work and saw a promising future. Unfortunately there is a lot of politics which defeats the purpose of hard work. Not rewarding and management overlooks potential candidates for advancement who are overqualified for certain positions.
VA Mortgage Underwriter (Current Employee), San Antonio, TX – July 29, 2013
Pros: working remotely
Cons: healthcare is quite expensive.
No micro-management has made my employment at New Penn a pleasant one. I have learned to underwrite conforming wholesale files when in the past my experience has been retail files for the most part. the management staff is great, always willing to lend a hand when needed. Since I work remotely, my interaction with co workers is limited but great when – more... we do need to meet up for one reason or another. The hardest part of my job right now is the lack of work. I have no complaints about the comany I work for. the most enjoyable part of my job is the ability to manage your day around your schedule. – less
Loan Officer (Former Employee), Alpharetta, GA – March 14, 2013
Pros: great rates & programs, flexible hours, great people
Cons: only location in ga- alpharetta, medical benefits very costly
I loved working here. Great people, very flexible workplace. Great management. My main issue was the commute and I ultimately left to be able to work from home. Plus Excellent rates & programs. Very good pay. Medical benefits are too expensive to really utilize though. Good 401K and company provides basic life insurance. They provide leads but I would – more... plan on supplementing with some of your own as well. They do take a chunk from your gross commission for the leads that they supply. sometimes these leads pour in and sometimes they are slim. – less