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 84 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 82 reviews)); "Great people to work with" ((in 67 reviews)); "have great managers family values are important" ((in 42 reviews)); "Work from home is great" ((in 40 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 52 reviews)); "Massive layoffs continue." ((in 36 reviews)); "Poor communication and infrastructures." ((in 21 reviews)); "Long hours for high profile projects" ((in 15 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

Company ratings over time

Ratings trend for the last 6 months (1,496 reviews)

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

5.0

May 28, 2025

GREAT PLACE

Mortgage banker (mlo)

Recommend

CEO approval

Business Outlook

Pros

It was great role with strong compensation

Cons

Little mobility for upward growth

Newrez Response

1y

Thank you so much for sharing your thoughts. We appreciate your feedback and value your perspective. It helps us continue to improve and create a better experience for everyone. We wish you all the best in the next chapter!

3.0

May 24, 2025

its ok for the time being

Consultant

Recommend

CEO approval

Business Outlook

Pros

easy job but not much room for growth

Cons

low pay not worth it in the long run.

Newrez Response

1y

Thank you for your review. We value your feedback and understand your concerns about growth and compensation. We're always working on improving our employee experience. We wish you all the best in the future!

4.0

May 23, 2025

Customer service

Home advisor

Recommend

CEO approval

Business Outlook

Pros

Really cool management and opportunity to make money

Cons

Customer service calls and complaints

Newrez Response

1y

Thank you for sharing your thoughts. We appreciate your feedback and value your perspective. It helps us continue to improve and create a better experience for everyone. We wish you all the best moving forward!

Viewing 106 - 108 of 1,496 Reviews

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Jobs at Newrez

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Jr. Mortgage Consultant

Fort Washington, PA

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VP, Financial Controller

Relationship Associate

Newrez

Newrez reviews

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Reviews by job title

GREAT PLACE

its ok for the time being

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