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 78 reviews)); "Great people to work with" ((in 67 reviews)); "You work from home which is great" ((in 41 reviews)); "have great managers family values are important" ((in 39 reviews))

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

"Bad management And takes forever to move up" ((in 80 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 54 reviews)); "Massive layoffs continue." ((in 35 reviews)); "Poor communication and infrastructures." ((in 22 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

Company ratings over time

Ratings trend for the last 6 months (1,496 reviews)

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

Oct 19, 2018

Things are changing for the better

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

-Purchase by New Residential -Investment in Technology -New Leadership

Cons

-Pay is still not at market levels in all areas -Benefits could be better

5.0

Oct 3, 2018

Great Environment to Thrive in the Industry

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Management really treats you like an adult and doesn't look over your shoulder and micromanage (as long as you get your work done). Your compensation is derived from you desire to get things done so if you don't work hard you won't get paid a lot. You're rewarded for hard work and not because of who you know. Lending office environment is generally more forgiving than most office environments and you can

Cons

Stress of the industry in general. Mortgage industry can be up and down unfortunately and you really can't make excuses you just have to get it done.

5.0

Oct 1, 2018

Great

Loan officer

Recommend

CEO approval

Business Outlook

Pros

Enjoyable work environment and friendly associates

Cons

None to note at the moment

Viewing 1441 - 1443 of 1,496 Reviews

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Jobs at Newrez

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Buford, GA

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Jr. Mortgage Consultant

Fort Washington, PA

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Jr Mortgage Consultant

Richardson, TX

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Jr Mortgage Consultant

Newrez

Newrez reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Things are changing for the better

Great Environment to Thrive in the Industry

Great

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