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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,496 total reviews)

      Baron Silverstein

      69% approve of CEO

      61% positive business outlook

      Ratings by demographic groups

      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
      Jul 2, 2021

      Apply Elsewhere

      Processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Nothing really good to say

      Cons

      Weird company goals, they only care about making profit and not any of the consequences from that greed. Management is very disconnected from the customers and reality. Processors were constantly blamed for things their bosses and higher ups did. Not a good or easy job, and not worth 15$ an hour

      2.0
      Dec 6, 2020

      Reconsider if you do not have much experience

      Loan processor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Pays well, great incentive and comp. good amount of PTO time

      Cons

      A lot of lack of knowledge and being on the same page as underwriters. Loans are already aged with expired documents, customers are irrate because of the long proces due to kick backs

      3.0
      Nov 25, 2020

      Loan originator

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good commission, great leads and manager

      Cons

      Bad processing time. Closing support team is non existent

      Viewing 133 - 135 of 1,496 Reviews
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      ReviewsNewrez 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.