NFM Lending reviews

3.9

69% would recommend to a friend

(306 total reviews)
avatar

David Silverman

94% approve of CEO

65% positive business outlook

NFM Lending has an employee rating of 3.9 out of 5 stars, based on 306 company reviews on Glassdoor which indicates that most employees have a good working experience there. The NFM Lending employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

306 reviews
5.0
Nov 27, 2022

Great Management & Training

Recommend
CEO approval
Business Outlook

Pros

Great Management & Training Support.

Cons

Salary is not industry standard and lower on the spectrum

avatar
NFM Lending Response
3y
Thank you for acknowledging and participating in our training initiatives. You will be able to attest to the fact that we are highly competitive in this market since you have been with us for over three years. The company has been prudent and has not had mass layoffs, even though surging rates are reducing lender production, forcing some cost-cutting. We recognize that the mortgage sector is experiencing a slowdown, and we had to make some tough staffing decisions and pivot. Despite the head wins, we are hiring experienced Loan Originators and planning for the future.
3.0
Nov 26, 2022
Recommend
CEO approval
Business Outlook

Pros

Some amazing co-workers and corporate is great

Cons

Some not so great management

avatar
NFM Lending Response
3y
I appreciate you celebrating our CEO, your “amazing co-workers,” and our corporate employees. Despite the current economic downturn, we are optimistic about our future. We have a lock on market share, are staffed pertinently and are counting on our management and leadership teams to keep us on track. If you have had a difficult experience with management, please reach out to us for a resolution.
1.0
Nov 25, 2022
Recommend
CEO approval
Business Outlook

Pros

sign on bonus, nothing else.

Cons

This has to be the worse place i have ever worked in the business. The management does not know basic guidelines, and then has to meet about them several times a day (no less than 5 times ). Upper management including the President & VP doesnt even know VA and then hires Senior Underwriters to make them look good. It is all about sales, not doing the right thing. The UW click management thing is real, albeit to say they are hired with no experience except for a few team leaders. RUN RUN RUN away from this micro managed place. I was suckered into this place. Trust me when I say, I have never dealt with a bunch of underwriters , Team Leaders, Leadership that has ever underwritten or know what guidelines are put in place for.

avatar
NFM Lending Response
3y
Greetings, Former Senior Underwriter from VA with more than 5 years. Thank you for √Recommend √ CEO Approval √ Business Outlook The mortgage industry is highly regulated, and our Chief Compliance Officer oversees, trains, and investigates even the smallest hints of unethical activities. Simply put, fraud does not exist in our organization. Our senior management's primary focus is on employees; with that philosophy, customers and money will follow. Underwriting management teams have been in the business for over 20 years and are well-equipped with all state guidelines and conditions. As a result of the recent separation of our organization, you no longer see our organization in the same positive light as you once did. We encourage you to report anything substantive to our anonymous hotline. In the meantime, we wish you happiness, health, and success.
Viewing 76 - 78 of 306 Reviews

Glassdoor has 315 NFM Lending reviews submitted anonymously by NFM Lending employees. Read employee reviews and ratings on Glassdoor to decide if NFM Lending is right for you.