Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

60% 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
2.0
Apr 6, 2017

MLO

Recommend
CEO approval
Business Outlook

Pros

-Aggressive pay scale -Autonomy of schedule -Mostly pleasant coworkers

Cons

-Technology is circa 2003 -Management is laissez faire -Decisions are not merit based, but rather arbitrary; nothing is based on quantifiable numbers -No upper management visibility (I met CEO once in two years) -Most employees are content to be average -Boring workplace, no energy -Entire office is grey

5.0
Apr 5, 2017

From a long term employee

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- High energy, fast paced, growing mortgage company. - Multiple business channels creating stability - Career opportunities for those that work hard. New Penn Financial is a great place to work and has provided careers for thousands of employees, many of which have been with the company for several years, both mortgage veterans and those brand new to the industry. It is an excellent place to learn the industry and grow in your career. In my 9+ years with the company, I have seen employees start at an entry level position and climb to a manager role through hard work.

Cons

No downsides for those that work hard

5.0
Mar 29, 2017
Recommend
CEO approval
Business Outlook

Pros

Career Advancement: I have had 6+ promotions through hard work, good attitude, and ability to learn and grow! They promote from within The management in the Call Center are great mentors and provide a great leadership environment Love the people who work in this company (in HQ and also through out the country as Ihave an opportunity to work with all of them) Great Training for new hires as well as a continued education for all positions They recognize their employees and work with them to grow their skills Awesome work environment especially for those who enjoy a fast paced work life Strong team mentality! My opinions count and are valued.

Cons

I really don't have cons, even my commute is 5 minutes!

Viewing 1399 - 1401 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.