If learning it and growing is important - Mortgage Loan Officer Newrez Employee Review

5.0
Feb 25, 2025
Recommend
CEO approval
Business Outlook

Pros

I believe I'm working for a company that's truly vested in there are multiple channels. I work in retail it's taking a beating in the last few years but I believe operations has protected us and continues to be vested and growing this channel. Underwriters and operations are always there offering a helping hand and our software allows us to incorporate income, assets, credit and run multiple automated underwriting services to pick a clearer choice on which direction to go with a client. It's time saving and accurate

Cons

Our IT Department could be more in tune with our needs but I've learned to work around it

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Newrez Response
1y
Thank you for your review! We appreciate your positive feedback on our operations and software. We’ve noted your insights about the IT department and will take them into consideration. Your input is invaluable as we strive for continuous improvement.

Explore other reviews about Newrez

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

I get to work remotely. They have a good retirement plan/401K. I work autonomously with very little oversight, meaning there's no micromanaging. They are great with holidays and time off. Very inclusive and socially aware. Those are two reasons I've remained employed by them.

Cons

The salary is lower than preferred. I've worked two years with zero pay increase because "no pay increases for remoter employees". The health insurance is lacking and not fantastic, but I'm not sure that's really a con since nearly every health insurance plan in America is lacking.

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Newrez Response
1w
Thank you for sharing your feedback. We're glad to hear you value the time off and inclusive culture. We also appreciate your perspective on compensation and benefits. Feedback like yours helps us continue to evaluate and improve the employee experience.
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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