Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,534 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 61% of employees would recommend working at Newrez to a friend and 60% have a positive outlook for the business. The best reviews about Newrez have been left by employees working as Production Assistant , Team Lead and Business Analyst .

Does Newrez pay their employees well?

According to anonymously submitted Glassdoor reviews, Newrez employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Newrez. This rating has been stable over the past 12 months.

How satisfied are employees working at Newrez?

61% of Newrez employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Newrez 3.4 out of 5 for work life balance, 3.5 for culture and values and 3.5 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 (17) , Production Assistant (15) , 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 78 reviews)); "Great people to work with!" ((in 65 reviews)); "Great work from home opportunity" ((in 48 reviews)); "Currently a great work life balance" ((in 36 reviews))

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

"Bad management And takes forever to move up" ((in 77 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 51 reviews)); "Massive layoffs continue." ((in 34 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Really bad management, extreme favoritism." ((in 14 reviews))

What are employees saying about Newrez layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Newrez layoffs and their outlook for job security at Newrez in 2026.

What are the top reviewed Newrez locations?

Greenville , Coppell , Fort Washington , Houston , Tempe , Dallas , Plymouth Meeting , Philadelphia , Irving , Columbia , Charlotte , Tampa , Oklahoma City , Jacksonville , Strongsville , San Diego , Phoenix , Raleigh , New York , Indianapolis , Kirkland , Katy , Texas City , Los Angeles , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

Newrez reviews

3.5

61% would recommend to a friend

(1,493 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.6

Compensation and benefits

3.5

Culture & values

3.5

Career opportunities

3.4

Work/Life balance

3.4

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,493 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newrez employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

1K reviews

5.0

Mar 10, 2026

Amazing Company to Work For!

Branch manager

Recommend

CEO approval

Business Outlook

Pros

loan products, compensation, non QM products, servicing with loans, and team structure

Cons

none that i can think of

Newrez Response

3mo

Thanks so much for the positive feedback! We’re really glad you’re having a great experience with us. We appreciate you taking the time to share your thoughts!

5.0

Mar 10, 2026

Sustained Success

Sales manager

Recommend

CEO approval

Business Outlook

Pros

Stability in this industry is one of the biggest pros we can ask for. The company continues to gain market share and build a juggarnaut.

Cons

The market is always changing. You have to be acceptable to change.

Newrez Response

3mo

Thanks so much for the positive feedback! We’re happy to hear you’re having a great experience with us. We’re glad to have you as part of the team.

5.0

Mar 10, 2026

A great place to work

Correspondent

Recommend

CEO approval

Business Outlook

Pros

They genuinely care about their employees. The executive team is committed to growing the company while staying true to its core values. Despite the company’s size, they continue to foster a family‑like environment. Leadership is approachable at every level, consistently demonstrating their commitment to a true open‑door policy.

Cons

Because the organization is so large, processes can sometimes move slowly—but that structure also ensures decisions are thoughtful, well‑vetted, and aligned across the company.

Newrez Response

3mo

Thanks for taking the time to share your feedback. We’re glad our culture and focus on core values continue to stand out as we grow. We appreciate you sharing your experience and insights.

Viewing 34 - 36 of 1,493 Reviews

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Jobs at Newrez

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Buford, GA

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Jr. Mortgage Consultant

Fort Washington, PA

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Jr Mortgage Consultant

Richardson, TX

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Jr. Mortgage Consultant

Nashville, TN

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