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
3.0
May 4, 2016

Loan Officer

Recommend
CEO approval
Business Outlook

Pros

Competitive rates, multiple products, access to leads, great people

Cons

Underwriting, processing delays, loan officers chase stips

1.0
May 3, 2016

Processor

Recommend
CEO approval
Business Outlook

Pros

Can't think of any. I received a paycheck.

Cons

Terrible management. Nobody can make decisions. They know nothing about Retail. Benefits are extremely EXPENSIVE! That should be an indicator of what kind of company it is when the benefits for employees are awful. This company has no culture. Back office support is rude and not helpful.

4.0
May 3, 2016

Sales Support

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

New leadership with strong reputation and great vision and business acumen for strategy and growth; Great products, competitive pricing in the market; Competitive benefits - in line with industry standards; Great people - Operations leadership are passionate and care about the purpose of our business - helping individuals with homeownership; Still feels like an entrepreneurial company, even though we're growing quickly.

Cons

More transparent and frequent leadership communication; culture is still in it's infancy and not quite cohesive across the organization; not a strong career pathing or mentoring program;

Viewing 1423 - 1425 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.