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
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.

3.0
Oct 21, 2013

Mortgage Consultant

Recommend
CEO approval
Business Outlook

Pros

Although some training that is offered is very good it can sometimes be very repetitive. Management tries to provide positive working environment.

Cons

Upper management is slow to adapt to market conditions. Often gridlocks the loan process when changing ways of doing things.

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 1483 - 1485 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.