Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,538 reviews left anonymously by employees. This rating has increased by 1% over the last 12 months. 60% 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 3.5 out of 5. Find out more about salaries and benefits at Newrez. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Newrez?

60% 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?

"pay WAS good but now its hard to make a money and low hourly pay" ((in 84 reviews)); "Benefits are good If you are single but very expensive for families" ((in 79 reviews)); "Great people to work with!" ((in 65 reviews)); "Work from home is great" ((in 46 reviews)); "Good work life balance" ((in 35 reviews))

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

"Bad management And takes forever to move up" ((in 75 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 61 reviews)); "Massive layoffs continue." ((in 35 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Liars, sneaky, they knew we were going to be laid off and kept lying stating we were safe , management showed favoritism, huge disconnect between management and employees, everyone is on a different page." ((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

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.5

Culture & values

3.5

Work/Life balance

3.5

Compensation and benefits

3.5

Career opportunities

3.3

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,497 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

1K reviews

3.0

Aug 9, 2021

Good money but no freedom with your time

Mortgage servicing specialist

Recommend

CEO approval

Business Outlook

Pros

lucrative bonus opportunity, great support staff, work from home optional right now

Cons

senior staff just care about numbers, not the person. They literally tell you when you can use the restroom, the schedule keeps you to 2 15min breaks, 1 hour lunch and youre required to take the full hour for lunch

Newrez Response

4y

Thank you for your feedback. We understand you have some concerns, but it’s difficult for us to respond effectively to anonymous reviews. We hope you shared your thoughts with our Human Resources team during your exit interview, but if you didn’t, we invite you to contact our HR team about your concerns. We always strive to emphasize and improve our culture that values everyone, and your input can help us achieve that goal.

4.0

Aug 6, 2021

A good place to work

Payroll clerk

Recommend

CEO approval

Business Outlook

Pros

Management offered flexibility with the work/home balance especially during Covid.

Cons

Employee Benefits are just "okay"

4.0

Aug 1, 2021

Growing Company and Marketing Department

Senior graphic designer

Recommend

CEO approval

Business Outlook

Pros

Marketing Department if completely remote. Growing Marketing Department. Great coworkers. Stable company and industry.

Cons

Sometimes projects are rushed and reactive instead of planning for future changes in the market.

Viewing 1294 - 1296 of 1,497 Reviews

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Jobs at Newrez

Customer Service Representative

Database Administrator III

Coppell, TX

View job

Loan Analyst/Loan Processor

Newrez

Newrez reviews

Ratings by category

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Reviews by job title

Good money but no freedom with your time

A good place to work

Growing Company and Marketing Department

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