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      NFM Lending

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      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

      Ratings by demographic groups

      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
      3.0
      Oct 26, 2022

      Unstable industry

      Underwriter
      Recommend
      CEO approval
      Business Outlook

      Pros

      • WFH • Most co-workers are easy to get along with • Bonus incentives • Free company merch and opportunities to win gifts • Decent work/life balance

      Cons

      • It’s a volatile industry to be in so prepare to be laid-off when business dries up. • Not much opportunity for advancement or growth unless you are in the “in-crowd” Tip: Take your vacation and PTO days, it’s not worth saving them up!

      avatar
      NFM Lending Response
      3y
      Dear Valued Underwriting Employee of over one year, The feedback below may be influenced by the fact that you were recently separated from the company. We have always valued and continue to value the contributions of all our teammates, both past and present. Through no fault of your own, tough decisions had to be made based on mortgage interest rates crossing the 7 percent threshold. This led to a significant cooling of home sales and increased uncertainty among buyers and sellers. I assure you that we have exhausted all measures before reorganizing your position as a business necessity. As a separated employee, we welcome you to participate in our Employee Assistance Program (open to separated employees for a short window) to assist you during this transition. We hope to keep the lines of communication open. We are still here for you.
      4.0
      Oct 25, 2022

      Great Company

      Junior processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      The team at NFM is great. Everyone is was welcoming and very attentive when training.

      Cons

      Due to market changes, it can be a tough business to be in.

      1.0
      Sep 30, 2022

      Horrible place to work AVOID

      Mortgage banker (mlo)
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Leads to MLO - Employees are good

      Cons

      - Management is completely out of touch with employees. - Claim to have open door policies but will take days to answer questions. - Claim to have high retention rate but internally see tons of turnover - Incentivize employees to fill out good reviews - No training programs, Sink or Swim ( good luck trying to learn software) - No HR. Foul mouthed, Sexual harassments runs rampant. - Frat house mentality, with no accountability The culture they have built involves only success for the LO's that have been in their tight knit circle for years. They will undervalue and underappreciate the blood, sweat and tears required for this position. You are only a cog in the machine. No sense of accountability from management. THEY WILL CHANGE YOUR COMPENSATION PLAN WITHOUT PRIOR NOTICE. Notice involves signing a contract or resigning. Decreased wages by 3/4, management does not have the gull to tell you.

      avatar
      NFM Lending Response
      3y
      Dear, more than 3 years teammate The feedback you have provided does not reflect our company culture. You worked here, made friends, and had an enjoyable time with us during your tenure. The cons listed are a misrepresentation of our employees’ experience. Our organization's engagement is our top priority; therefore, employees have a vital voice within the organization-you speak – we listen. Terminating employees for business reasons (through no fault of your own) is never an easy decision since both the employer and the employee suffer. As a former employee, we welcome you to participate in our Employee Assistance Program (open to former employees for a short window) to assist you during this transition.
      Viewing 85 - 87 of 306 Reviews
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      ReviewsNFM Lending 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.