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
3.0
Apr 29, 2014

I guess experience is experience.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Relaxed culture / atmosphere. Occasional free lunches

Cons

Low wages compared to industry. No room for advancement or structure for progression.

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.

Viewing 1477 - 1479 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.