Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

61% positive business outlook

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
3.0
Mar 12, 2025
Recommend
CEO approval
Business Outlook

Pros

- Monthly Bonuses depending on if/what KPI's are hit

Cons

Favoritism by upper management - if you're not a part of the clique, life is a bit tougher

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Newrez Response
1y
Thanks for sharing your thoughts. We appreciate the feedback about your experience with us. It helps us continue to improve and create a better experience for everyone. We wish you all the best moving forward!
3.0
Mar 12, 2025

Unstable

Recommend
CEO approval
Business Outlook

Pros

Service loans that they originate

Cons

Company in continual flux, cost cutting measures have reduced service levels and customer satisfaction

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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. Your dedication and input help shape our success, and we’re grateful for all that you do!
4.0
Mar 3, 2025

Good Job

Recommend
CEO approval
Business Outlook

Pros

Good culture, decent benefits, room for growth

Cons

Salary starts low some cases and it’s hard to get large increases

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Newrez Response
1y
Thank you so much for your review! We appreciate your positive feedback about our culture and growth opportunities. We understand your concerns about the salary structure and assure you that we will review our compensation policies. Your feedback is valuable, and we'll use it to improve.
Viewing 130 - 132 of 1,496 Reviews

Glassdoor has 1,537 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.