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
5.0
Dec 14, 2017

Manager

Recommend
CEO approval
Business Outlook

Pros

Phenomenal products (VA, FHA, CONV) and very competitive pricing. The lead system is fair and we receive leads from lower my bills and other websites, we never run out of people to call.

Cons

There are not too many downsides. Coming to New Penn you have to ready to work hard and dial the phone, some might consider this a downside, but the more people you talk to the more opportunity you have to close loans and earn more money

4.0
Dec 14, 2017

Complacent

Recommend
CEO approval
Business Outlook

Pros

Flexible work environment, and great people. They hire from within so there is a lot of room to move around.

Cons

Hard to get a pay raise, and the benefits are not great.

3.0
Dec 13, 2017

Culture change

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great upside potential to make a ton of money.

Cons

Management culture needs a change. They lead by fear rather than respect.

Viewing 1459 - 1461 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.