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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,496 total reviews)

      Baron Silverstein

      69% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      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
      2.0
      Apr 6, 2017

      MLO

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Aggressive pay scale -Autonomy of schedule -Mostly pleasant coworkers

      Cons

      -Technology is circa 2003 -Management is laissez faire -Decisions are not merit based, but rather arbitrary; nothing is based on quantifiable numbers -No upper management visibility (I met CEO once in two years) -Most employees are content to be average -Boring workplace, no energy -Entire office is grey

      1.0
      Mar 10, 2017

      Mortgage Consultant

      Mortgage consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      The Hours is very flexible. You can go and come as you please, so long as you put in your 40 hours.

      Cons

      Where do I start? This place is like a credit card, it has a great introductory period (2-3months) and after thatisit becomes a noose around the neck. The lead are bad. They cap you on hours. They want the loan officers to follow an outdated model of originating. Bottom line, if the industry isn't doing well stay away. The rates are high which makes them very uncompetitive.

      4.0
      Feb 19, 2017

      Funding Dept.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent pay for detail oriented work Good environment and culture Upper management is accessible and seem to care about their employees

      Cons

      Limited room for advancement in department

      Viewing 55 - 57 of 1,496 Reviews
      Related searches: Newrez jobs | Newrez salaries | Newrez benefits | Newrez interviews
      ReviewsNewrez 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.