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

2.0

Jul 7, 2026

No from me

Performing loan consultant

Recommend

CEO approval

Business Outlook

Pros

Cafeteria on site Parking garage

Cons

Trainers are all over the place No real concise path to learning the role Felt like they set you up to fail/lose your bonus

Newrez Response

1w

Thanks for sharing your feedback with us. Your concerns have been noted and passed along to our team for review. We’re always looking for ways to improve, and your input helps us do just that. We appreciate you taking the time to share your thoughts.

3.0

Jul 7, 2026

Good management, but lacking wage increases

Production assistant

Recommend

CEO approval

Business Outlook

Pros

Good management, great smaller teams

Cons

Cheap with corners cut. Lack of annual raises to continue to be at living wage.

Newrez Response

1w

Thanks 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 about your experience.

1.0

Jul 6, 2026

Go fully remote

Account executive

Recommend

CEO approval

Business Outlook

Pros

It is a starting point. Your granted access to underwriters which is a strong resource.

Cons

The worst training you can imagine. Pay is extremely low.

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 and wish you all the best in what's next.

Viewing 1 - 3 of 1,496 Reviews

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No from me

Good management, but lacking wage increases

Go fully remote

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