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
Apr 5, 2017

From a long term employee

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- High energy, fast paced, growing mortgage company. - Multiple business channels creating stability - Career opportunities for those that work hard. New Penn Financial is a great place to work and has provided careers for thousands of employees, many of which have been with the company for several years, both mortgage veterans and those brand new to the industry. It is an excellent place to learn the industry and grow in your career. In my 9+ years with the company, I have seen employees start at an entry level position and climb to a manager role through hard work.

Cons

No downsides for those that work hard

3.0
May 4, 2016

Loan Officer

Recommend
CEO approval
Business Outlook

Pros

Competitive rates, multiple products, access to leads, great people

Cons

Underwriting, processing delays, loan officers chase stips

3.0
Sep 4, 2015

sales manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I made good money and met some great people. Leads started to suck tho. Regional manager was also a total blow hard

Cons

When rates go up their leads are really going to dry up. 100% refinance business

Viewing 1468 - 1470 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.