Newrez reviews

3.5

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

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).

Reviews by job title

1K reviews
3.0
Jul 20, 2021
Recommend
CEO approval
Business Outlook

Pros

technology is great. people are generally great.

Cons

policies are not well documented and leadership is typically not interested in documenting.

avatar
Newrez Response
4y
We genuinely appreciate your feedback. We strive to build a culture of excellence, openness, and personal accountability, and we’re always looking for talented and hardworking individuals. If you have friends or family whom you think might be a good fit here at Shellpoint, please direct them to the “Careers” section of our website: https://jobs.shellpointmtg.com/
4.0
Jul 18, 2021
Recommend
CEO approval
Business Outlook

Pros

This is a good entry level position into the mortgage processing industry. Once in the position for 1 year, the opportunities for advancement are limitless. My team had a good support system from direct manager. Very minimal micro management which makes people want to stay for the long-term. There is a mountain for information to learn and know for the first 3 months, but after that you'll know what you are doing.

Cons

The training is not the best. Most of what you learn is through making mistakes (trial & error). You have to be comfortable with asking for help, and good at either remembering everything or taking notes. The other downside is that the health insurance is very expensive here and investing in the 401K just doesn't make sense if you don't plan to stay longer than 3 years because you will not be able to keep most of the money.

5.0
Jul 14, 2021

great company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good work environment, takes the time to train employees

Cons

n / a . . .

avatar
Newrez Response
4y
We genuinely appreciate your feedback. We strive to build a culture of excellence, openness, and personal accountability, and we’re always looking for talented and hardworking individuals. If you have friends or family whom you think might be a good fit here at Shellpoint, please direct them to the “Careers” section of our website: https://jobs.shellpointmtg.com/
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Glassdoor has 1,538 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.