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
4.0
Mar 5, 2014

I wish there wasn't a layoff!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Awesome training program, flexible schedule. competent supervisors

Cons

When the volume slows down then you are practically sitting around doing nothing.

4.0
Nov 21, 2013
Recommend
CEO approval
Business Outlook

Pros

The people - everyone is friendly and jokes around, sometimes go out for drinks. The CEO is extremely friendly and will pop in and say hi, acts like a normal person. The learning Experience - you'll be knees deep learning about different facets of the mortgage origination process if you are inquisitive and curious

Cons

Pay is sub-par. Mortgage originators run on very low margins. Can be a lot of work to get done, but overtime is discourage. Again, all towards the bottom line.

4.0
Oct 17, 2013

Loan Officer - California

Recommend
CEO approval
Business Outlook

Pros

Great management, aggressive pay schedule, fantastic work environment.

Cons

Employee compensation is tied to performance, which is dictated by market conditions. Great job when times are good.

Viewing 1480 - 1482 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.