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 61% 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 3.5 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 88 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 81 reviews)); "Great people too work with" ((in 67 reviews)); "You work from home which is great" ((in 43 reviews)); "have great managers family values are important" ((in 37 reviews))

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

"Bad management And takes forever to move up" ((in 78 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 51 reviews)); "Massive layoffs continue." ((in 38 reviews)); "There is no work life balance they don't really care about your personal time." ((in 31 reviews)); "Poor communication and infrastructures." ((in 22 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

61% 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

4.0

Mar 28, 2025

Relaxed typical office job

Tax specialist

Recommend

CEO approval

Business Outlook

Pros

Decent amount of PTO (18 days after 1 yr) Very little micromanagement Huge company culture 401k match Very chill office environment, lots of company events and free food Stable company Lots of promotion from within

Cons

No WFH unless you're a manager or analyst Productivity Tracker

Newrez Response

1y

Thank you for sharing your thoughts with us! We’re always looking for ways to improve, so we’ll definitely pass along your feedback to our internal team. We appreciate you taking the time to let us know about your experience.

1.0

Mar 28, 2025

Unorganized/Horrible Management

Loss mitigation specialist

Recommend

CEO approval

Business Outlook

Pros

The people are nice. They help keep you going

Cons

The elevator is always broken , the air flow is low in the building, and pay has continued to decrease since COVID.

Newrez Response

1y

Thank you for sharing your feedback. We will strive to grow in these areas where we can improve and pass this along to our internal team. Wishing you all the best in what’s next!

1.0

Mar 27, 2025

Not Great

Investor reporting manager

Recommend

CEO approval

Business Outlook

Pros

Used to be a good place to start out, but they have grown too quickly

Cons

No remote or hybrid options. Underresourced and understaffed

Newrez Response

1y

We appreciate your feedback. Your insights are valuable to us as we continue to strive to improve. We will make sure that your comments are communicated to our internal team for further consideration.

Viewing 121 - 123 of 1,496 Reviews

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Newrez

Newrez reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Relaxed typical office job

Unorganized/Horrible Management

Not Great

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