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
5.0
Feb 12, 2020

Great Company Overall

Recommend
CEO approval
Business Outlook

Pros

Competitive pay, good team atmosphere, opportunity for advancement or movement into other departments. Fun company parties. In depth trainings with attorneys.

Cons

Late arrival demerit policy if you’re over 4 mins late when we live in Houston is a bit ridiculous. No over time allowed, no 30 min lunch option when other depts allow it is unfortunate as well.

3.0
Feb 12, 2020

Loan Originator Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good software and sales training Help with passing the NMLS exam

Cons

Difficult to do refinances or new home loans in high interest rate market Not a very sustainable career without referrals

4.0
Feb 6, 2020

Fun Place to Work

Recommend
CEO approval
Business Outlook

Pros

New Penn was a fun place to work, lots of events and morale boosters

Cons

Compensation wasn't structured, no annual review process to facilitate increase conversations

Viewing 1408 - 1410 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.