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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
      4.0
      Mar 13, 2018

      Great flexibility/opportunity remains to be seen

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      The flexibility is great. You can come and go as needed but need to get 40 hrs. Management has a good team but the communication isnt great. Lots of leads but its all outbound.

      Cons

      All outbound and for a call center, the pay should be higher. The bps are the highest Ive seen for a call center enviornment (82.5-90) but the base pay is low (7.25/hr) and there is a "$1500 deduction" on commission which is hard to understand. Essentially you could look at it like you are paying for the leads or they are paying you less on bps. Management explains it as a deterrent to low-producing LO's.

      1.0
      Mar 6, 2018

      Horrible comp click to dial. like outbound this is the spot bad upper management. consumer direct model is archaic.

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good flexibility nice area in desert ridge. No one cares if you take a lot of vacation no micro management

      Cons

      All outbound no way to access leads hard to ramp up. 2500 1 month sign on. Very difficult to survive need to make 100 dials plus to have any shot here - recently downgraded comp plan and sign on plan. Not good

      Viewing 1357 - 1359 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.