NewDay USA Employee Reviews

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5.0
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Good company with great work environment and co-workers.
Review Appraiser (Former Employee) –  Fulton, MDOctober 24, 2018
Great company to work for with excellent benefits package and good work environment. The management was good and very helpful in integrating you into the work environment. New day also paid for education and licensing renewal. The ability to increase your salary is available just by increasing your work output.
Pros
Good work environmental and pay with advancement.
Cons
None
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1.0
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Couldn't put my finger on it
Intern (Former Employee) –  Fulton, MDNovember 6, 2018
NewDay has an amazing work facility and great compensation, however, there was something about that company that I just couldn't put my finger on that did not feel right. I decided to leave to protect my reputation in case my gut feeling was right. I want to also state that this was a gut feeling and I did not have any factual proof. In addition my personal values (Family, athletics, health) did not coincide with the hours of work. It is a nice pay check, however, to me it wasn't worth the stress and hours that the job required.
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1.0
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Not worth the time invested.
former employee (Former Employee) –  Columbia, MDSeptember 23, 2018
If you are looking for free licensing and training in the mortgage industry this is the place for you if you are willing to work long hours and want a boost for your resume. Just don't plan on making this your career and plan to move on to something better long run.
Pros
free licensing and training
Cons
long hours, weekends, no structure or career planning. Company is down sizing currently.
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1.0
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Not good
Financial and Credit Analyst (Former Employee) –  Fulton, MDJanuary 22, 2019
This company is not for everyone. They hide behind smoke and mirrors. I would not recommend working here if you have any kind of ethical or moral foundation.
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4.0
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Great Place to Start
Account Executive (Former Employee) –  Fulton, MDJuly 19, 2018
NewDay provided excellent training for new hires straight out of college. This set the foundation of my professional career and gave me direction. The knowledge and experience gained from NewDay helped jump start my career in finance.
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3.0
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Good start out of school
Account Executive - Mortgage Loan Originator (Current Employee) –  Fulton, MDSeptember 13, 2017
Stay for your licenses and experience, then get out. Management sucks, the training is pretty good though. A lot of the work is luck based. One day your calls could suck and the next day be great.
Pros
base salary, benefits, co workers
Cons
hours, commission structure, managers, culture
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2.0
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Hire with the direct intent to fire without notice
Credit Analyst (Former Employee) –  Fulton, MDJune 3, 2018
They hire in bulk for their busy months promising you career advancement, but they are not a big enough company to retain all their employees. So they fire people with little or no reason. They talk a big game in the recruitment process, but do not deliver. Be wary about accepting a job there.
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5.0
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Intern review
Senior Campus Ambassador (Former Employee) –  Columbia, MDJune 11, 2018
I was big fan of NewDay USA. I thought they're pay was quite competitive. The environment was great and offered a lot of different opportunities in multiple areas. I found that the company required it's employees to work many hours per week, however, in doing so you would more than likely see the benefit directly correlate to the additional commissions you made! The training by NewDay was also superb.
Pros
Everyone is super nice, helpful and attractive. Very young company, great positive energy to submerse yourself with.
Cons
The company is super face paced and seems rather unorganized pretty often!
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4.0
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good place to start
Captain-Post Closing Department (Current Employee) –  Columbia, MDMay 4, 2017
This is a good company to begin working out of college. The work/life balance isnt as good, and pay raised do not happen as often as other companies. Yeah
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2.0
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.Average
Processor AUP (Accelerated Underwriting Program) (Current Employee) –  Fulton, MDJanuary 17, 2018
So so work life balance, long hours, ability to advance quickly.

Not the highest level of job security, people come and go pretty quickly.

Opportunity to learn a lot on the fly.
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3.0
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Don't believe everything you hear
Loan Processor (Current Employee) –  Fulton, MDFebruary 15, 2015
Pros:
Great Benefit/401k Package
People who work there are great
Great office
Training is fantastic

Cons:
Management lies
Advancement is all about politics
Treat employees badly
No work life balance/dont care about personal time
Shady compensation
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5.0
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Hardworking but Fun Atmosphere
Quality Control/Concierge (Current Employee) –  Fulton, MDOctober 22, 2014
NewDay USA's focus is to help veterans get or keep the homes that they love. Passionate employees make up the competitive culture in the sales department but are always offering help to those in need. Teamwork is absolutely necessary and management is fully supportive. Benefits, bonuses, and promotion from within define this meritocracy.
For many the hardest part of the day is walking away from a phone that won't stop ringing when the caller on the other side of the line is in need and offers whomever answers a great chance at a hefty commission. This, undeniably, also makes up the most enjoyable part of NewDay USA- helping people that have served our great country while being given the opportunity to make hundreds of thousands of dollars per year and a position in upward management.
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4.0
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Fun Workplace
Account Executive (MLO) (Former Employee) –  Fulton, MDMay 3, 2016
Fun workplace with great atmosphere. Plenty of opportunity to advance and serve Veterans! Tough Work/Life balance, but great opportunity to receive paid training and needed experience to advance in the Mortgage industry.
Pros
Compensation
Cons
Work/Life Balance
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4.0
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A great opportunity for the right person
Instructional Courseware Developer (Former Employee) –  Fulton, MDMarch 7, 2018
For those looking for an opportunity in mortgage loan origination, this is a great opportunity with huge potential. But like with all things, you have to be willing to put in the hours, and work hard for it. They set people up for success on the sales floor. Operational departments have a different dynamic.
Pros
Great opportunity for energetic, sales-oriented go getters.
Cons
They expect a lot from their employees.
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3.0
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good learning enviroment
Mortgage Loan Originator (Current Employee) –  Fulton, MDMay 28, 2014
good training, lots of leads, poor compensation.
once you reach full time origination support falls off
Pros
free lunches
Cons
long hours
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2.0
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Cut Throat
Account Executive (Current Employee) –  Fulton, MDAugust 25, 2017
No work-life balance. Constant threats of being fired and not transparency. They get you to come in by leaving out the many details of how absolutely demanding the job is. You will be there all day everyday and stress is always high.
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4.0
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Great employer if you're willing to work long hours
Mortgage Loan Processor (Current Employee) –  Fulton, MDFebruary 16, 2015
Initial training program is excellent. Hours are long, few holidays, excellent incentives and advancement opportunities.

Sales organization, but if you don't produce they will retool you into a different position instead of letting you go.
Pros
Free lunches, advancement opportunities, strong leadership
Cons
long hours, poor training, work weekends
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1.0
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N/a
Account Executive (Current Employee) –  Fulton, MDJune 14, 2016
The company has no regard for its employees time and there is almost no work-life balance.
There are a lot of like minded people in the company which made the day-to-day much more tolerable.
Pros
Culture and fellow employees
Cons
Lack of work-life balance. Disregard for employees time
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4.0
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Great atmosphere
Account Executive (Current Employee) –  Fulton, MDJune 1, 2017
Everyone there is really willing to work hard and put in the hours. If you grind it out in the beginning, you will be setting yourself up for success in the near future.
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1.0
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Dont do it
Mortgage Loan Officer (Former Employee) –  Fulton, MDApril 9, 2017
Unless you are determined to create a career in the mortgage industry do not go to NewDay USA. This company feeds off of young people desperate for money. You can make good money but will sacrifice any type of personal life or weekends in exchange for it
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Overall rating

3.1
Based on 33 reviews
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Ratings by category

2.2Work/Life Balance
3.8Compensation/Benefits
2.9Job Security/Advancement
3.0Management
2.9Culture