Former Sales Manager - Anonymous employee Newrez Employee Review

2.0
Oct 20, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good for newly licensed individuals to learn the in's and out's of the loan/mortgage business. Good training department. Nice range of products and rates competitive to the market place. If you like to stay in a cube and on the phone 8 hours a day and are self-motivated this is the place for you.

Cons

Products they choose to sell are what ever flavor the investors are hungry for at the moment. Government loans will always trump the need for conventional loans every time. You are sales person and will only be as good as your previous month's production. The president is only a figure head - not involved in any day to day operations. If your immediate supervisor doesn't give you any training, feedback, or motivation on a daily basis don't be surprised. You will also not get it from anywhere else, so be sure to appreciate self-motivation.

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
1w
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.
See reviews by: Helpful|Rating|Date|All