Newrez reviews

3.5

61% would recommend to a friend

(1,494 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 1,494 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
Aug 25, 2015
Recommend
CEO approval
Business Outlook

Pros

I started as an LO and worked my way up to manager within a year and a half. They have good support and a ton of products. In fact, I would say their product list is better than anywhere I have worked before. They provide a ton of high quality leads as well a great dialer system. Flexable hours as long as you are producing.

Cons

I really do not have any other than the fact that it is the mortgage industry. This means there is a lot of money to be made, but not everyone will be successful. You must be determined and hardworking to make it work here. It is not a place you can just show up and collect a check. Everything is earned.

4.0
Aug 17, 2015

Jr MC program

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Most fun I've ever had working for a company. The company knows how to reward its people.

Cons

The job itself is easy but the bull you have to put up with in order to close a loan is stressful.

1.0
Jul 7, 2015
Recommend
CEO approval
Business Outlook

Pros

When I first started three years ago, the operations had more control but now it's been controlled by the sales team.

Cons

They are consistently hiring and letting go managers. No raise in pass three years. Don't think you will hear a thank you but the only thing you might hear is why are your numbers so low.

Viewing 1444 - 1446 of 1,494 Reviews

Glassdoor has 1,535 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.