New American Funding Employee Reviews

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2.0
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Good Company, Questionable Loyalty
SR. COPYWRITER (Current Employee) –  Tustin, CAMarch 13, 2019
If you're looking for job security, this isn't the place. I went there with the idea that the job was longterm temporary with a great chance of becoming permanent. Before I could finish filling out the HR documents I was gone! In two weeks I went from excited to confused about what happened!

If you have a job, think long and hard about giving it up to go to NAF. There is a history of people giving up jobs to go to work there only to be laid off in weeks! But if you don't have one, it's a great place with no expectations. WARNING: Do not take on any additional expenses because you never know when HR will call you and say it's over.
Pros
Great facility, nice work environment, wonderful Christmas parties!
Cons
Untrusting management that's heartless when laying you off.
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1.0
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Thank you next
Loan Officer Assistant (Former Employee) –  Denver, COMarch 11, 2019
Don’t do it. The Greenwood Village branch management is nefarious, dishonest and gossip driven. They will disparage you all day long, behind your back and to your peers. Incredibly inappropriate. Incestuous activity within management. Definitely work here if you’d like to be mistreated, undermined and excluded. I couldn’t be happier to be at anew job where I’m respected, included and valued. Thank you, next.
Pros
Nope
Cons
Management
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2.0
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Favoritism
Partner Coordinator (Former Employee) –  Tustin, CAMarch 10, 2019
Seniority? Hard worker? New idea thinker? You don't get rewarded.
Based on my experience when I worked here for one year and four months with been promoted four time with the same pay and all my ideas not been rewarded but at the end I get punished been fired for performance? Thank you but I realized now that I was used. But thanks to them I'm much better in the present.
Cons
Management
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1.0
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This place is a LIE
Video Editor (Current Employee) –  Tustin, CAMarch 8, 2019
Do not be fooled by this place. You will waste your time here. They do not care about their employees. Everything about their business is a scheme to make them APPEAR to care or be the best but in reality it is all a front. If you care at all about integrity and honesty, this is not the place for you.
Pros
Nothing
Cons
Everything
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1.0
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Stay away
Recruiter (Current Employee) –  Tustin, CAMarch 8, 2019
Expected to work 12-15 hrs/day.
No work life balance.
Management is not honest.
Turnover rate is very, very high.
No raises.
Favoritism.
No culture.
Pros
None
Cons
Stay away
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1.0
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Regional Manager is never there
Licensed Mortgage Loan Officer Assistant (Former Employee) –  Omaha, NEMarch 4, 2019
Does not give adequate time to get you pipeline going. Especially if your clients loan amounts are below 150k they focus only on West Omaha.


The company could use some new Hr to help maintain that people are not discriminated
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1.0
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Keep looking
Anonymous (Former Employee) –  Tustin, CAFebruary 13, 2019
If you are a job seeker, keep looking. Avoid this place. Talk about a dead end.

No advancement. No raises. No changes. No learning. Same thing every day all day. Employees are treated as a cog in their machine. You are not valued and easily replaced with a cheaper version.

What really grated on me what the high levels of dishonesty in management. Truth is an undesired attribute.
Cons
Low pay, no 401K matching, no raises.
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2.0
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Has it ups and downs
Post Closing Specialist (Former Employee) –  Santa Ana, CAFebruary 5, 2019
depending on the dept you are in it CAN be a great company. USED to be a friendly family atmosphere until the company got bigger than they expected. Certain Managers ONLY play favorites even though they dont produce they give them the raises and make it a point to make your time there not good.
Pros
could be great IF you are on the right team
Cons
management - salary - employees are back stabbers - not loyal
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5.0
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Great Place to Work
Loan Consultant (Current Employee) –  Novi, MIJanuary 31, 2019
The hours are incredible for the mortgage industry, only 1 Saturday per month. The pay structure is competitive and they provide quality leads to meet goals. More program offerings than most places (i.e. manufactured, down payment assistance programs, USDA etc). They won't lose a deal to rate and price either.

The only down side is that there is no 401k match and the health insurance isn't the greatest. The technology systems get into a funk every once in a while and can be brutally slow.
Pros
Leads, culture, time off
Cons
technology, benefits
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2.0
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lack of qualified people
Systems Engineer (Former Employee) –  Tustin, CAJanuary 29, 2019
Management in IT was a joke. Manager was lazy, and so was the lead engineer. Managers lack of His lack of knowledge really showed. Senior IT engineer usually never came into the office
Pros
short commute
Cons
To many lazy managers
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4.0
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Productive and fun working place.
Loan Consultant (Former Employee) –  Tustin, CAJanuary 26, 2019
Great place to work, they treat you an adult with respect. Tools and technology are very helpful to make each representative as efficient as possible.
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3.0
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Great employees and nice building
Payoff/Lien Release Specialist (Former Employee) –  Austin, TXJanuary 26, 2019
The co workers are great but there are no company outings or team building events. Management is not equally engaged with all on the employees. I feel that they should have more hands on with the employees.
Pros
It's a job
Cons
Benefits are costly
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2.0
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Poor staff development
Licensed Mortgage Loan Originator (Current Employee) –  Plano, TXJanuary 23, 2019
No coaching or personal development - weekly training sessions conducted via Skype meetings, however sessions are rushed and emails sent out with training material but no follow up. No monthly 1-2-1 and no feedback as to how to develop. They Hire and Fire at will. Basic salary lower than McDonalds. They don't want Mortgage advisors they want battery hens that just follow orders.
Pros
Occasional free lunches
Cons
Expected to work 60hrs per week
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3.0
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Fun place to work
FHA/VA/Conv Underwriter- Retail (Current Employee) –  RemoteJanuary 16, 2019
Nice place to work. Enjoy working with New American funding. The benefit package is not very affordable. If you don't need a benefits package this is a wonderful place to work.
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4.0
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Good place to work
Loan Officer Assistant (Former Employee) –  Lawrenceville, GAJanuary 13, 2019
a good place to work. the employees are very helpful. Okay benefits.

You are allowed to grow. Guidance available. Your questions get answered.

Team building.
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1.0
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Not the best place to work
Sr. Loan Processor (Former Employee) –  Ontario, CAJanuary 5, 2019
Left a high paying job to be laid off after 6 weeks along with 10 other people. Support staff did not get along, toxic environment. No branch manager at the office, regional would show up maybe once a week. Every job I had being a processor was always distributed equally and worked with all loan officers. At NAF, you have to sell yourself to each loan officers and will never be able to get to the salary they promised. A lot of under the table pay from loan officers that will pay if you worked on thier file first. Don't ever leave a job for this company. You've been warned.
Pros
Free coffee, no supervision
Cons
Benifts are expensive, low pay, cant reach bonus goals if you cant get loans assigned.
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4.0
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Great Culture
Senior Loan Processor (Former Employee) –  Long Beach, CAJanuary 2, 2019
Highly recommend this company as they treat their employees very well and they have great support for your position. Fun atmosphere and fair compensation
Pros
Lots of employee incentives
Cons
they lay off quickly when business starts to slow
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2.0
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Don't even think about it
Mortgage Loan Originator/Processor (Former Employee) –  Tustin, CADecember 14, 2018
Not a good atmosphere for a seasoned mortgage professional. Management is setup for a car sales atmosphere not mortgage. The commission is low and the worst part is that you have to work on Sundays. Don't be fooled by their ads, it's not true.
Pros
None
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5.0
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Good company
Underwriter (Current Employee) –  CaliforniaDecember 13, 2018
Good company to work for, very fast paced. They do not have many overlays when it comes to underwriting. It is a very large company and you never hear from management unless there is a problem.
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2.0
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The team members are fantastic
Human Resources Coordinator (Current Employee) –  Tustin, CANovember 27, 2018
I work with some very hardworking, dedicated, self-managed individuals who are supportive and caring about their fellow employees. my team works very well together.
Pros
people on my team
Cons
benefits are expensive, merit raises do not exist
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Overall rating

3.8
Based on 188 reviews
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3.8Work/Life Balance
3.6Compensation/Benefits
3.3Job Security/Advancement
3.6Management
3.8Culture