Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,537 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 61% 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 3.5 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 (18) , Production Assistant (16) , 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 83 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 81 reviews)); "Great people to work with!" ((in 66 reviews)); "Great work from home opportunity" ((in 41 reviews)); "have great managers family values are important" ((in 40 reviews))

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

"Bad management And takes forever to move up" ((in 78 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 53 reviews)); "Massive layoffs continue." ((in 37 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Long hours for high profile projects" ((in 15 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 , Los Angeles , Kirkland , Katy , Texas City , Seattle , Downers Grove , Virginia Beach , Chandler , Denver , Monroe

Newrez reviews

3.5

61% would recommend to a friend

(1,496 total reviews)

Baron Silverstein

69% approve of CEO

61% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (1,496 reviews)

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 1,496 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

Nov 21, 2024

Newrez LLC

Sr. recruiting operations specialist

Recommend

CEO approval

Business Outlook

Pros

I am proud to be a part of Newrez, I joined through the Caliber transition and have been here for 5 years. The support and collaboration within my team and among colleagues have been exceptional, fostering a strong sense of mutual work ethic and teamwork. Newrez's leadership is committed to professional growth, offering many opportunities for engagement and development. Additionally, I greatly appreciate the company's dedication to philanthropy and its efforts to give back to the community. I highly recommend Newrez as an excellent place to work!

Cons

N/A - I do not have any at this time.

Newrez Response

1y

Thank you for the great feedback! We're thrilled to hear you're having a positive experience with us. Your support means so much and keeps us motivated to keep improving. We appreciate you taking the time to share!

5.0

Nov 21, 2024

A Thriving Journey with Endless Opportunities

Human resources business partner hrbp

Recommend

CEO approval

Business Outlook

Pros

Since joining the organization in 2019, I have truly enjoyed every moment of my time here. The opportunities for growth and the wealth of knowledge available in this industry are phenomenal. Beyond the abundance of industry insights, our leadership team brings a depth of experience that has been instrumental in my personal and professional development, particularly in the realm of my department. This organization has been a cornerstone for learning and growth, and I am grateful to be a part of it.

Cons

Like any organization, there are inevitable struggles. However, beyond the typical challenges one might expect, I genuinely have no significant cons to share. The people here create an exceptional environment, always willing to offer their support and lend a helping hand when needed.

Newrez Response

1y

Thank you for the positive feedback! We’re so glad that you’re having a great experience with us. Your support means a lot to the team and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!

2.0

Nov 20, 2024

Not for those who desire a life balance.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Pay is adequate. Medical benefits are good

Cons

Hours are excessive and workload is unbalanced.

Viewing 184 - 186 of 1,496 Reviews

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Jobs at Newrez

Title Support Specialist - Customer Service

Verbal Complaint Specialist I

Customer Service Representative

Newrez

Newrez reviews

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Newrez LLC

A Thriving Journey with Endless Opportunities

Not for those who desire a life balance.

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