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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,492 total reviews)

      Baron Silverstein

      69% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      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
      3.0
      Mar 28, 2013

      Analyst

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible Hours, paid time off

      Cons

      Private company, basically if your boss doesnt like you personally, you are not moving up or anywhere in the company.

      3.0
      Dec 8, 2011

      A good place to start if you're looking to work in the mortgage lending industry.

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      NPF has a good training program (offered $2k bonus at the time). They offer base salary plus commission (usually LOs at other banks will earn commission only). Friendly employees, team oriented environment.

      Cons

      No room for advancement to sales manager. After a year, you'll earn a $1 increase in hourly pay which is nothing. They hire from outside. Somewhat cutthroat.

      3.0
      Feb 8, 2011

      80% processing and 20% sales.

      Senior call center loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Can be relaxed at times, the leads were 50% good.

      Cons

      when volume is down, its stressful and mngnt don't seem to have the answer to turn it around or be more positive. no positive reenforcement to motivate the staff. They have you do almost everything and when things went wrong, you paid for it and had to fix it, even after it has funded. Systems were so slow.

      Viewing 1489 - 1491 of 1,492 Reviews
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      ReviewsNewrez 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.