Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,496 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).

Reviews by job title

1K reviews
1.0
Jan 22, 2017

Stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Unfortunately I don't have any this place was a joke.

Cons

Poor training, no work home life balance, Leadership is a joke this place is a toxic environment. Upper management had no tack or class.

2.0
May 2, 2016
Recommend
CEO approval
Business Outlook

Pros

There is a laid back dress down environment, its great for a starter position. It does offer a tolerable work life balance.

Cons

Management is terrible and non supportive, the customer service goals are unrealistic, the base pay & commission structure is very low compared to industry standard and the company does not give annual raises. The technology is slow and out of date, there is little to no room for advancement and there is no formal training offered for any of the positions- you are trained by your peers / co workers - that are not compensated for training new employees.

1.0
Oct 28, 2015

Miserable

Recommend
CEO approval
Business Outlook

Pros

They give all U/W's laptops which gives you the ability to work from home when needed. And if you donate to the charity the pick each month, you can dress down in jeans every day

Cons

Turn over is ridiculous. Staff and management change every few months. No annual raises. Getting more authority is based on the company's need and not based on your desire to advance. Takes months to get a bump in salary once you are given more authority.

Viewing 40 - 42 of 1,496 Reviews

Glassdoor has 1,537 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.