Low base pay, small loan sizes, very... | New American Funding Reviews

New American Funding

17 Employee Ratings

17 Ratings

82% Verified

3.4

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New American Funding

17 Employee Ratings

82% Verified

3.4

78.37

RepVue Score

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Current Employee

2.6

Nov 3, 2023

Low base pay, small loan sizes, very micromanaged, lots of turnover here. The pay is not competitive and very high interest rate offerings/ discount points compared to the competition.

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Former Employee

3.6

Jul 24, 2023

I worked as a mortgage loan officer and primarily spoke to existing customers who's loans we already services. We refinanced their mortgage in house. I also transferred to the purchase department in my last 2 months to speak to potential new clients on the home buying journey with a sales cycle typically being that of 6 months

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Current Employee

2.3

Dec 9, 2023

From a consumer perspective, the company is great, but rapid growth has led to a severe decline in internal operations and performance. Notably, compensation structures were significantly reduced without any clear communication, which was a major point of contention. Additionally, in the span of just one year, employees were required to use the over 8+ new "upgraded"...Read More

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New American Funding

78.37