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      Newrez

      Engaged Employer

      Newrez reviews

      Good but Severely Outdated - Performing Loan Consultant Newrez Employee Review

      3.0
      Oct 28, 2024
      Performing loan consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Reasonable pay Flexible hours Company Catering Non-toxic environment Good Benefits

      Cons

      Mandatory OT Remote work allergic Poor communication from management Low PTO & VTO hours Random OT assignment without warning Convoluted and flawed bonus system Slow and Outdated tech that constantly crashes/malfunctions Extremely high turn over rate

      avatar
      Newrez Response
      1y
      We genuinely appreciate your feedback. We strive to build a culture of excellence, openness, and personal accountability, and we’re always looking for talented and hardworking individuals. We encourage you to take advantage of our “open-door” policy and share your thoughts with your supervisor. If you don’t feel that is a viable option, please talk with one of your supervisor’s senior managers or someone in Human Resources. We always strive to emphasize and improve our culture that values everyone, and we need everyone’s input—including yours—to grow and advance.

      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

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      Newrez Response
      1w
      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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