Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,537 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 61% of employees would recommend working at Newrez to a friend and 60% have a positive outlook for the business. The best reviews about Newrez have been left by employees working as Production Assistant , Team Lead and Business Analyst .

Does Newrez pay their employees well?

According to anonymously submitted Glassdoor reviews, Newrez employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Newrez. This rating has been stable over the past 12 months.

How satisfied are employees working at Newrez?

61% of Newrez employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Newrez 3.4 out of 5 for work life balance, 3.5 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Newrez?

Loss Mitigation Specialist (70) , Mortgage Loan Officer (67) , Mortgage Consultant (53) , Loan Officer (46) , Mortgage Loan Processor (46) , Loan Processor (43) , Mortgage Underwriter (31) , Underwriter (26) , Analyst (23) , Loan Consultant (19) , Manager (19) , Performing Loan Consultant (18) , Production Assistant (16) , Team Lead (15) , Account Manager (14)

What are the pros of working at Newrez according to real employee reviews?

"Benefits are good If you are single but very expensive for families" ((in 85 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 81 reviews)); "Great people too work with" ((in 65 reviews)); "flexible hours, work from home." ((in 43 reviews)); "have great managers family values are important" ((in 37 reviews))

What are the cons of working at Newrez according to real employee reviews?

"Bad management And takes forever to move up" ((in 78 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 53 reviews)); "Massive layoffs continue." ((in 36 reviews)); "Poor communication and infrastructures." ((in 24 reviews)); "Long hours for high profile projects" ((in 14 reviews))

What are employees saying about Newrez layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Newrez layoffs and their outlook for job security at Newrez in 2026.

What are the top reviewed Newrez locations?

Greenville , Coppell , Fort Washington , Houston , Tempe , Dallas , Plymouth Meeting , Philadelphia , Irving , Columbia , Charlotte , Tampa , Oklahoma City , Jacksonville , Strongsville , San Diego , Phoenix , Raleigh , New York , Indianapolis , Los Angeles , Kirkland , Katy , Texas City , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

Nov 13, 2018

Great place to start your career

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The management is super supportive and wants to help you learn and ultimately help the company grow. The environment is relaxed most of the time, which makes it a great place to work.

Cons

They have not always been very centralized, but they're making strides in that direction.

5.0

Nov 13, 2018

VP

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Company is growing quickly. Strong leadership with extensive experience. Opinions are listened to by senior executives.

Cons

The location can be a challenge due to traffic in surrounding areas.

5.0

Nov 13, 2018

An Exceptional Work Environment

Operations manager

Recommend

CEO approval

Business Outlook

Pros

New Penn Financial offers a relaxed and productive work environment with a clear commitment to excellence. There is strong cooperation among departments driven by teamwork and honest communication. Both the company and its employees embrace change and strive to compete in the evolving industry.

Cons

Although not bad, there are limited benefit package options.

Viewing 1432 - 1434 of 1,496 Reviews

Top companies for "Compensation and Benefits" near you

Wells Fargo

3.7★Compensation & Benefits

JPMorganChase

3.9★Compensation & Benefits

Bank of America

3.7★Compensation & Benefits

Capital One

3.9★Compensation & Benefits

Jobs at Newrez

Relationship Associate

Customer Service Representative

Newrez

Newrez reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Great place to start your career

VP

An Exceptional Work Environment

Top companies for "Compensation and Benefits" near you

Jobs at Newrez

Newrez reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Company ratings over time

Top companies for "Compensation and Benefits" near you

Newrez reviews FAQs

Jobs at Newrez