Is Newrez a good company to work for as a Jr. Processor?

Jr. Processor professionals working at Newrez have rated their employer with 3.9 out of 5 stars in 78 Glassdoor reviews. This is a higher than average score with the overall rating of Newrez employees being 3.5 out of 5 stars. Search open Jr. Processor Jobs at Newrez now and start preparing for your job interview by browsing frequently asked Jr. Processor interview questions at Newrez .

Does Newrez pay Jr. Processor employees well?

Jr. Processor professionals rate their compensation and benefits at Newrez with 3.9 out of 5 stars based on 78 anonymously submitted employee reviews. This is 8% better than the company average rating for salary and benefits. Find out more about Jr. Processor salaries at Newrez.

How happy are Jr. Processor professionals working at Newrez?

74% of Jr. Processor employees at Newrez would recommend their employer to a friend. This rating has increased by 37% in the past 12 months. Jr. Processor professionals have also rated Newrez with a 2.7 rating for work-life-balance, 4.0 rating for diversity and inclusion, 3.6 rating for culture and values and 3.8 rating for career opportunities.

What are the top reviewed jobs at Newrez?

Loss Mitigation Specialist (70) , Mortgage Loan Officer (67) , Mortgage Consultant (53) , Loan Officer (46) , Mortgage Loan Processor (46) , Loan Processor (43) , Mortgage Underwriter (31) , Underwriter (26) , Analyst (23) , Loan Consultant (19) , Manager (19) , Performing Loan Consultant (18) , Production Assistant (16) , Team Lead (15) , Account Manager (14)

What are the pros of working at Newrez according to real employee reviews?

"Benefits are good If you are single but very expensive for families" ((in 84 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 82 reviews)); "Great people to work with" ((in 67 reviews)); "have great managers family values are important" ((in 42 reviews)); "Work from home is great" ((in 40 reviews))

What are the cons of working at Newrez according to real employee reviews?

"Bad management And takes forever to move up" ((in 80 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 52 reviews)); "Massive layoffs continue." ((in 36 reviews)); "Poor communication and infrastructures." ((in 21 reviews)); "Long hours for high profile projects" ((in 15 reviews))

Newrez Jr. Processor reviews

3.9

74% would recommend to a friend

(78 total reviews)

Baron Silverstein

71% approve of CEO

37% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (78 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Jr. Processor employees have rated Newrez with 3.9 out of 5 stars, based on 78 company reviews on Glassdoor. This indicates that most Jr. Processor professionals have a good working experience there. Newrez is rated in line with the average (within 1 standard deviation) by Jr. Processor professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

78 reviews

5.0

Sep 5, 2025

Processor

Loan processor

Recommend

CEO approval

Business Outlook

Pros

Great experience and great support. Learned a lot. Was with CHL before it was acquired.

Cons

Team leads were replaced a lot

Newrez Response

10mo

Thanks so much for the kind words! We're really happy to hear you're enjoying your experience. Your support means a lot and helps us keep improving. We appreciate you taking the time to share!

4.0

Jul 15, 2025

Great place to work

Loan processor

Recommend

CEO approval

Business Outlook

Pros

Money can be made if you work hard.

Cons

Stressful environment at times. You just need to create your own work life balance.

Newrez Response

11mo

Thank you so much for sharing your thoughts. We really value hearing from our former team members. It helps us keep getting better. We’ll pass this along to our internal team. Wishing you all the best in what’s next!

3.0

Jan 2, 2025

CHL REVIEW

Loan processor

Recommend

CEO approval

Business Outlook

Pros

Work Remote & Great leadership

Cons

heavy performance standards without the means the reach it

Viewing 1 - 3 of 78 Reviews

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Newrez Jr. Processor reviews

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Processor

Great place to work

CHL REVIEW

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