Pros
New Penn Financial gives you all the resources you need to make a career out of mortgage lending. From leads, LOS systems, online tools for consumers to use, products, low rates, and great communication methods between all departments, you really have all the resources you need. They continuously roll out sales competitions and other incentives for production. Its always nice to get a little bit extra just for doing your job.
Cons
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.
