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      Newrez

      Engaged Employer

      Newrez reviews

      Absolutely terrible - Anonymous employee Newrez Employee Review

      1.0
      Jun 12, 2014
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Honestly I can't think of one good thing about this company.

      Cons

      You would make more in a restaurant 7.25 an hour base. The promise that everyone there is closing large numbers of loans and everything is set up for sale side. In reality it's the opposite, everyone is closing max 3 loans due to a convoluted underwriting process. Training is terrible either you get it or you don't and you have a week to absorb all of the information. The computer software they are designing is garbage. It stops working constantly. Oh and the 1500$ automatic withdrawal from your commission every month doesn't help either. And you won't be moving up in the company...ever.

      Explore other reviews about Newrez

      5.0
      May 14, 2026
      Director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Strong leadership and consistent strive towards growth and success

      Cons

      None at this current time

      avatar
      Newrez Response
      1mo
      Thanks for the positive feedback! We’re so happy to hear that you’re having a great experience with us. Your support means a lot and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!
      2.0
      Jul 1, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

      Cons

      - Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

      avatar
      Newrez Response
      1d
      Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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