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
5.0
Mar 26, 2014
Recommend
CEO approval
Business Outlook

Pros

Leadership was always willing to jump in and assist in a crisis. Good pay/bonuses. Flexible with scheduling, comfortable work enviroment

Cons

The fact that they closed our office.

3.0
Mar 16, 2014
Recommend
CEO approval
Business Outlook

Pros

Company was growing and expanding tied up in refi market not ready for purchase market, brand recognition needs work but company has good values and support of employees. Minimal overlays to fannie and freddie guidelines and company sells direct. Working on expanding to more FHA and VA. Company has a non-conforming product and the ability to grow in the marketplace.

Cons

New hire training is in the works no set plan for obtaining underwriting authority. There is rapid turnover of upper management.

5.0
Mar 7, 2014
Recommend
CEO approval
Business Outlook

Pros

A big company that has amazing financial backing but is nimble enough to change with the times, new products that no one else has, managers that are not all over and are open to new ideas, a healthy work/life balance (this isn't a boiler room), and great people. A company that has a bright future no matter what happens in the mortgage market. They are in for the long run.

Cons

some of the systems they use are not that great

Viewing 1477 - 1479 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.