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
4.0
Dec 8, 2015

Not that bad

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Progressive organization cresting to the next big growth rise

Cons

Still lots of committee and meetings instead of getting things done

4.0
Nov 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Live, active leads, somewhat flexible schedule. Centrally located.

Cons

Management continued to hire many new loan officers though the phones had significantly slowed down. Also started having a lot of unreasonable underwriting issues.

1.0
Oct 28, 2015

Miserable

Recommend
CEO approval
Business Outlook

Pros

They give all U/W's laptops which gives you the ability to work from home when needed. And if you donate to the charity the pick each month, you can dress down in jeans every day

Cons

Turn over is ridiculous. Staff and management change every few months. No annual raises. Getting more authority is based on the company's need and not based on your desire to advance. Takes months to get a bump in salary once you are given more authority.

Viewing 1438 - 1440 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.