Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,537 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 (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 85 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 67 reviews)); "You work from home which is great" ((in 41 reviews)); "have great managers family values are important" ((in 39 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 54 reviews)); "Massive layoffs continue." ((in 35 reviews)); "Poor communication and infrastructures." ((in 22 reviews)); "Long hours for high profile projects" ((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 , Los Angeles , Kirkland , Katy , Texas City , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

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

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

4.0

Aug 12, 2025

Loved at home work

Mortgage underwriter ii

Recommend

CEO approval

Business Outlook

Pros

Worked Remotely and have a very flexible schedule

Cons

Decline in mortgage business- saw the lay off coming

Newrez Response

10mo

Thank you 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!

5.0

Aug 9, 2025

Amazing place to work

Performing loan consultant

Recommend

CEO approval

Business Outlook

Pros

full 40 hours every week, high moral and fun atmosphere

Cons

I do not have any cons.

Newrez Response

10mo

Thank you for the positive feedback! We’re really glad to hear you’re having a great experience with us. Your support means a lot to the team and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!

1.0

Aug 7, 2025

Pay was crap

Escrow specialist

Recommend

CEO approval

Business Outlook

Pros

None, seriously. I can’t think of a single pro.

Cons

There are way too many to name. Terrible pay, terrible management

Newrez Response

10mo

Thank you for sharing your feedback. We value your input and take your concerns seriously. Your comments will be shared with our internal team to help guide our ongoing efforts toward improvement. We appreciate you taking the time to help us grow.

Viewing 85 - 87 of 1,496 Reviews

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Loved at home work

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Pay was crap

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