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      Newrez

      Engaged Employer

      Newrez reviews

      Poor, would not recommend. - Loan Processor Newrez Employee Review

      2.0
      Sep 3, 2021
      Loan processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      You can work from home,

      Cons

      Management is terrible. No one communicates at all, LO’s submit sub-par files to processing, and processing gets blamed for anything that goes wrong. There was a point in time where processors were not getting paid any commission if they were below efficiency. Benefits are EXPENSIVE and poor for the industry. company only cares about bottom line; there is no community feel, or support. They could care less who stays or leave. Good luck requesting PTO; while your off, not a single manager will cover your pipeline or talk to Your customers. You’ll come back to a MESS. Come here if there are no other options.

      avatar
      Newrez Response
      4y
      We are regretful to hear your time and experience with Newrez was not what you had expected. Thank you for providing feedback as it helps us improve and strive for employee satisfaction. Our team wishes you well on all your future endeavors.

      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
      2mo
      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
      2w
      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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