Neo Home Loans Reviews

3.3

48% would recommend to a friend

(38 total reviews)

37% positive business outlook

Neo Home Loans has an employee rating of 3.3 out of 5 stars, based on 38 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Neo Home Loans employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

38 reviews
1.0
16 Apr 2023

this is not a place to have a solid career

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Everything you think would be a pro turns into a con very quickly.

Cons

This is not a professional company. Besides the illegal things they do, the leadership is the worst I’ve ever experienced in the decade I’ve been in the industry. The administration is a mess, and they keep people in positions that shouldn’t be because they are friends instead of seeing those who could help grow their businesses the right way. leaders make you feel left out or not good enough because they know you could do things better, and they fear that instead of working as a team to grow the company. A very immature group of adults trying to create a business. It gives a “frat group” feeling. They don’t value ALL their employees. Overpromise and underdeliver—many leaders are great at sales but don’t know how to run a business which is a big difference.

2.0
4 Jan 2023

No Security

Recommend
CEO approval
Business outlook

Pros

People seem nice, monthly conference calls with awards, financial literacy education

Cons

Young company and does not follow through on promises. Company recruits on company values and wanting to help you be a better person, however, the company is very aggressive with layoffs and pay cuts. Just like any mortgage company, this place is run by sales with cliques. Management likes to post on social media about their trips and how great things are in a tough market with the aggressive layoffs and p

1.0
31 Oct 2022

Poor leadership

Recommend
CEO approval
Business outlook

Pros

They hold financial literacy classes that not many people attend. But if you do. There will be useful information.

Cons

This company is built by a group of founding fathers aka the presidents of the Company who are a diverse group of mortgage professionals with various businesses. The presidents of this company all have multiple other business ventures and although they preach NEO home loans is their baby. The commitment to put good leadership in place is not there. They talk highly about personal growth and doing the right thing for their customers but put in place very poor leadership that treats their employees very poorly. This mortgage company is not any different as much as they preach it to be. They pretend to care for people but fail to care for their employees.

Viewing 1 - 3 of 38 Reviews

Glassdoor has 39 Neo Home Loans reviews submitted anonymously by Neo Home Loans employees. Read employee reviews and ratings on Glassdoor to decide if Neo Home Loans is right for you.