Newrez reviews

3.5

61% would recommend to a friend

(1,493 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 1,493 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
Jun 12, 2014

Absolutely terrible

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Honestly I can't think of one good thing about this company.

Cons

You would make more in a restaurant 7.25 an hour base. The promise that everyone there is closing large numbers of loans and everything is set up for sale side. In reality it's the opposite, everyone is closing max 3 loans due to a convoluted underwriting process. Training is terrible either you get it or you don't and you have a week to absorb all of the information. The computer software they are designing is garbage. It stops working constantly. Oh and the 1500$ automatic withdrawal from your commission every month doesn't help either. And you won't be moving up in the company...ever.

Viewing 1471 - 1473 of 1,493 Reviews

Glassdoor has 1,534 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.