Newrez reviews

There are a handful of guys (yes, as in MALE) who will always get the recognition/promotions/awards b/c the right people like them. It doesn't mean they do much, and unfortunately the ones who do the work go unnoticed. Also, most people only get a raise once they threaten to quit.

New Penn Financial is a terrific company but despite being told otherwise on the first interview, it's not easy to grow from within. They have a rigid growth structure where it can take years for you to go from one position to the next. I personally don't believe that years in the industry correlate with your ability to do a job. There are loan officers that have been in the industry for 10-15 years that will always be LO's because they lack leadership or management capabilities. Yet somehow you find at New Penn Financial that some of those LO's are brought in from outside LO positions as managers simply because of their time in the industry. Meanwhile the younger, less experienced, yet more ambitious and talented LO's are stuck on the front lines carrying the weight and growth of this company.