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?

"pay WAS good but now its hard to make a money and low hourly pay" ((in 85 reviews)); "Benefits are good If you are single but very expensive for families" ((in 77 reviews)); "Great people to work with" ((in 67 reviews)); "Great work from home opportunity" ((in 45 reviews)); "Good work life balance" ((in 37 reviews))

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

"Poor management" ((in 77 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 58 reviews)); "Massive layoffs continue." ((in 35 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Horrible leads and blatant 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

Awesome Resort

Wholesale account executive

Recommend

CEO approval

Business Outlook

Pros

I loved the property and location.

Cons

The food and beverages were somewhat pricey.

Newrez Response

3mo

Thanks for sharing your feedback on the President’s Club trip. We’re glad you enjoyed the experience and the time to connect and celebrate the wins together. We appreciate you taking the time to share your thoughts as we strive to improve future trips.

5.0

Mar 10, 2026

A company that helped me build my career and my future

Mortgage consultant

Recommend

CEO approval

Business Outlook

Pros

Newrez has an amazing culture where people truly support each other and leadership pushes you to grow and succeed. I have made a great living here and have built strong relationships with people I have worked with since 2012. It feels like a family and the opportunities to grow and win are real for anyone willing to put in the work.

Cons

The pace can be fast and the expectations are high but that is also what creates success. If you stay focused and stay positive you will thrive here.

Newrez Response

3mo

Thanks for taking the time to share your feedback with us! We’re so glad our culture, leadership, and growth opportunities have made Newrez a place you’ve enjoyed building your career. Thanks for being part of our team!

3.0

Mar 4, 2026

Amazing People but Huge Leadership / Salary Gaps

Senior data analyst

Recommend

CEO approval

Business Outlook

Pros

Amazing coworkers and team environment within Analytics. People in my business units were so kind and wonderful.

Cons

People outside my direct group were not doing work and getting paid a lot of money, which raises questions on if managers are tracking their employees. Leadership was very bad at keeping promises. I was promised a raise and kept getting stringed along with "we can do it in 2 months" multiple times until I gave it a year and left. Very huge disparty in wages in the department as well, with people doing some of the most work at the bottom earning very 50-75k less then senior or higher analysts.

Newrez Response

3mo

Thanks for sharing your thoughts. We appreciate your feedback as we continue to improve and create a better experience for everyone. We wish you all the best moving forward!

Viewing 37 - 39 of 1,493 Reviews

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