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

5.0

Mar 24, 2025

N/A

Appraisal analyst

Recommend

CEO approval

Business Outlook

Pros

The pay was good and helpful

Cons

I don’t have any cons other than big layoffs

Newrez Response

1y

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!

2.0

Mar 24, 2025

Constantly Evolving

Director

Recommend

CEO approval

Business Outlook

Pros

always seems to have work available

Cons

workflow constantly changing Insurance expensive Remote work is frowned upon

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!

2.0

Mar 23, 2025

Give it a try

Customer service representative

Recommend

CEO approval

Business Outlook

Pros

No weekends to work all the time

Cons

Long hours with no personal time

Newrez Response

1y

Thank you for your feedback. We understand that work-life balance is important and we're always looking for ways to improve. Your comments are valuable to us, and we appreciate you sharing with us.

Viewing 124 - 126 of 1,496 Reviews

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