Newrez reviews

3.5

61% would recommend to a friend

(1,492 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 1,492 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
4.0
Feb 21, 2014
Recommend
CEO approval
Business Outlook

Pros

New Penn Financial is a great place to work. They are focused on employee growth and development. They have a platform that can help grow employee's business and allows for creativity for each individual sales professional.

Cons

New Penn does not have an office in Chicago. I would love to have a place where I could come in to the office as needed. When meeting clients face-to-face it is a more professional way to do business. This is a personal issue more than a company issue.

2.0
Jan 16, 2014
Recommend
CEO approval
Business Outlook

Pros

-great co-workers -opportunity to gain experience in areas outside your job description

Cons

-volatile business environment -extremely poor training in certain areas ( sales, processing) -management is extremely poor and inexperienced -poor pay and benefits -no opportunities for advancement

3.0
Nov 29, 2013

It's ok I guess.

Recommend
CEO approval
Business Outlook

Pros

They pay for your training, licensing, continuing ed. Good people to work with, relaxed environment

Cons

Company doesn't adjust to changing environment, back end processing and underwriting is horrible, business model is obsolete and doesn't help LO to progress and make money.

Viewing 1480 - 1482 of 1,492 Reviews

Glassdoor has 1,533 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.