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
1.0
Jan 27, 2017
Recommend
CEO approval
Business Outlook

Pros

flexible hours, work from home.

Cons

poor benefits, my boss decided to start working in a different office, didn't have a boss for a few months, treated poorly, upper management is always looking to pin blame on someone else to save their face, zero accountability with management. Pay was not competitive. Also, very little training was done. I taught myself everything I know and whenever I had to ask a question I was pointed to 5 year old outdated job aides. Everyone is only concerned with money and does not care about anything else. Senior management would overrule underwriting denials for loans that didn't meet guidelines so that they could make more $. TERRIBLE PLACE TO WORK!

1.0
Jul 26, 2016

WORST COMPANY EVER!!!!!!!!!!!!!!!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I cannot think if any at all!

Cons

Too many to count, management is the worst! No leadership

2.0
Sep 11, 2023
Recommend
CEO approval
Business Outlook

Pros

the job is super easy they literally just need bodies in chairs answering phones you don't even need mortgage experience to apply they have hired so many people who know nothing about mortgages so if you are able to sit in a chair for 8 hours straight and are okay with not talking to people around you this job is perfect for you

Cons

don't work at this company if you want to excel at your job there is zero leadership at this company and the training is awful the mangers get mad if you ask for help I can honestly say 99% of the reps on the floor all talk about how much they dislike the job and how they are only there until they can find something better the pay is not great they are always putting contingencies on how you can bonus

avatar
Newrez Response
2y
Thank you for posting your review. We can see that you had concerns about your workplace, but we hope you realize that it’s difficult for us to respond in any meaningful way to anonymous reviews. We hope you shared your thoughts with our Human Resources team during your exit interview. We're working hard to maintain a corporate culture that values everyone's viewpoint, and we need every person’s input—including yours—to grow and advance as an organization.
Viewing 16 - 18 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.