Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,534 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 61% of employees would recommend working at Newrez to a friend and 60% have a positive outlook for the business. The best reviews about Newrez have been left by employees working as Production Assistant , Team Lead and Business Analyst .

Does Newrez pay their employees well?

According to anonymously submitted Glassdoor reviews, Newrez employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Newrez. This rating has been stable over the past 12 months.

How satisfied are employees working at Newrez?

61% of Newrez employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Newrez 3.4 out of 5 for work life balance, 3.5 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Newrez?

Loss Mitigation Specialist (70) , Mortgage Loan Officer (67) , Mortgage Consultant (53) , Loan Officer (46) , Mortgage Loan Processor (46) , Loan Processor (43) , Mortgage Underwriter (31) , Underwriter (26) , Analyst (23) , Loan Consultant (19) , Manager (19) , Performing Loan Consultant (17) , Production Assistant (15) , Team Lead (15) , Account Manager (14)

What are the pros of working at Newrez according to real employee reviews?

"Benefits are good If you are single but very expensive for families" ((in 84 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 78 reviews)); "Great people to work with!" ((in 65 reviews)); "Great work from home opportunity" ((in 48 reviews)); "Currently a great work life balance" ((in 36 reviews))

What are the cons of working at Newrez according to real employee reviews?

"Bad management And takes forever to move up" ((in 77 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 51 reviews)); "Massive layoffs continue." ((in 34 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Really bad management, extreme favoritism." ((in 14 reviews))

What are employees saying about Newrez layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Newrez layoffs and their outlook for job security at Newrez in 2026.

What are the top reviewed Newrez locations?

Greenville , Coppell , Fort Washington , Houston , Tempe , Dallas , Plymouth Meeting , Philadelphia , Irving , Columbia , Charlotte , Tampa , Oklahoma City , Jacksonville , Strongsville , San Diego , Phoenix , Raleigh , New York , Indianapolis , Kirkland , Katy , Texas City , Los Angeles , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

Newrez reviews

3.5

61% would recommend to a friend

(1,493 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,493 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

5.0

May 12, 2026

Great team, but schedule could be better

Document verification specialist

Recommend

CEO approval

Business Outlook

Pros

This is a great team to work with,

Cons

The schedule wish it was earlier

Newrez Response

1mo

Thanks for sharing your feedback! We’re so glad that you are having a positive experience with us and appreciate you taking the time to share your thoughts.

1.0

May 9, 2026

Poor leadership in design team oversight

Worst job ever!

Recommend

CEO approval

Business Outlook

Pros

Nothing i can think of

Cons

A team where a single designer — who barely understands the fundamentals of design and isn’t familiar with current UX trends — is put in charge.

Newrez Response

1mo

Thanks for your feedback. We hear your concerns and are focused on improving. We'll make sure your comments are shared with the right team for review. We appreciate you taking the time to share your thoughts.

5.0

May 6, 2026

Great benefits and good pay with no downsides

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Great benefits and good pay!

Cons

Not really any concerns that I can think of.

Newrez Response

1mo

Thanks so much for the positive feedback! We’re really glad to hear you’re having a great experience with us. We appreciate you taking the time to share your thoughts!

Viewing 16 - 18 of 1,493 Reviews

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Great team, but schedule could be better

Poor leadership in design team oversight

Great benefits and good pay with no downsides

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