Senior Loan Processor - Anonymous employee Newrez Employee Review

1.0
Jul 30, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good money the time they'll keep you.

Cons

Training is completely horrible. Handbook taught with no real association to the actual work expectations. Management has ZERO time for you given the remote circumstance for ongoing training &/or assistance. It's assumed that you're not experienced rather than accepting "their" fault of a poor training system. The current training method will set ANYbody up to fail... not unless you know someone internally to show you the actual ropes. This by far was the worst working experience of my entire career with any company.

Explore other reviews about Newrez

5.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong leadership and consistent strive towards growth and success

Cons

None at this current time

avatar
Newrez Response
2mo
Thanks for the positive feedback! We’re so happy to hear that you’re having a great experience with us. Your support means a lot and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!
2.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

avatar
Newrez Response
2w
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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