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
1.0
Jul 6, 2015

Employees are just numbers on a spreadsheet

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Was able to move up fast, and taught myself a great deal through their loan process. Lots of overtime was available when market was good.

Cons

College education had little value. Management took little consideration of their employees. Policies and procedures made customer service difficult. Least amount of holidays and 401k matching Ive ever seen.

3.0
Jun 17, 2015
Recommend
CEO approval
Business Outlook

Pros

Money is good when the market allows. Laid back environment

Cons

Easy to become complacent. Nearly impossible to move out of sales or move up within the sales division

5.0
Jun 1, 2015

Loan Processor

Recommend
CEO approval
Business Outlook

Pros

Efficient process of processing loans. Great teamwork among departments.

Cons

Poor communication regarding changes in routine and responsibilities.

Viewing 1447 - 1449 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.