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      NFM Lending

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      NFM Lending reviews

      3.9

      69% would recommend to a friend

      (52 total reviews)
      avatar

      David Silverman

      94% approve of CEO

      65% positive business outlook

      Ratings by category

      4.2

      Diversity & inclusion

      4.0

      Culture & values

      3.9

      Work/Life balance

      3.9

      Senior management

      3.7

      Compensation and benefits

      3.7

      Career opportunities

      Ratings by demographic groups

      Reviews by job title

      52 reviews

      Reviews about "Compensation"

      Return to all reviews
      5.0
      Nov 27, 2022

      Great Management & Training

      Mortgage loan processor
      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.
      1.0
      Nov 25, 2022

      Horrible management/leadership, managers do not know underwriting

      Senior underwriter
      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.
      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.
      Viewing 16 - 18 of 52 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.