Is Newrez a good company to work for?

Newrez has an overall rating of 3.5 out of 5, based on over 1,538 reviews left anonymously by employees. This rating has increased by 1% over the last 12 months. 60% 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 3.5 out of 5. Find out more about salaries and benefits at Newrez. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Newrez?

60% 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?

"pay WAS good but now its hard to make a money and low hourly pay" ((in 84 reviews)); "Benefits are good If you are single but very expensive for families" ((in 79 reviews)); "Great people to work with!" ((in 65 reviews)); "Work from home is great" ((in 46 reviews)); "Good work life balance" ((in 35 reviews))

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

"Bad management And takes forever to move up" ((in 75 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 61 reviews)); "Massive layoffs continue." ((in 35 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Liars, sneaky, they knew we were going to be laid off and kept lying stating we were safe , management showed favoritism, huge disconnect between management and employees, everyone is on a different page." ((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

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.5

Culture & values

3.5

Work/Life balance

3.5

Compensation and benefits

3.5

Career opportunities

3.3

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,497 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

1K reviews

1.0

Aug 6, 2024

Run....

Senior accountant

Recommend

CEO approval

Business Outlook

Pros

There really was none at all

Cons

Benefits not great Hours not great Upper management not great Pay was okay, not for the hiurs

Newrez Response

1y

Thank you for sharing your feedback. We value your perspective as it is essential for our ongoing improvement efforts. We are committed to creating a better experience for all. We wish you the best in your future!

1.0

Aug 5, 2024

Hedgefunded loan processing company

Software developer

Recommend

CEO approval

Business Outlook

Pros

Streamlined work force, with a focus on data warehouse.

Cons

Out sourced QA and many other work functions. Bad work life balance. Not honest with communication.

Newrez Response

1y

Thank you for sharing your thoughts. We appreciate your feedback and value your perspective. It helps us continue to improve and create a better experience for everyone. We wish you all the best moving forward.

4.0

Aug 3, 2024

Great Job

Investor reporting

Recommend

CEO approval

Business Outlook

Pros

Easy work, great technology and pay

Cons

Insufficient staff, lack of direction

Newrez Response

1y

Thank you for sharing your thoughts with us. We’re always looking for ways to improve, so we’ll definitely pass along your feedback to our internal team. We appreciate you taking the time to let us know what you think.

Viewing 256 - 258 of 1,497 Reviews

Top companies for "Compensation and Benefits" near you

Wells Fargo

3.7★Compensation & Benefits

JPMorganChase

3.9★Compensation & Benefits

Bank of America

3.8★Compensation & Benefits

Capital One

3.9★Compensation & Benefits

Jobs at Newrez

Loan Analyst/Loan Processor

Mortgage Consultant- Outbound Team

Insurance Specialist (On-site)

Mortgage Consultant- Outbound Team

Senior Credit Underwriter (Commercial Real Estate)

Newrez

Newrez reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Run....

Hedgefunded loan processing company

Great Job

Top companies for "Compensation and Benefits" near you

Jobs at Newrez

Newrez reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Top companies for "Compensation and Benefits" near you

Newrez reviews FAQs

Jobs at Newrez