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 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 80 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 79 reviews)); "Great people to work with" ((in 65 reviews)); "Great work from home opportunity" ((in 46 reviews)); "have great managers family values are important" ((in 43 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 53 reviews)); "Massive layoffs continue." ((in 33 reviews)); "Poor communication and infrastructures." ((in 26 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

(1,497 total reviews)

Baron Silverstein

69% approve of CEO

61% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.6

Compensation and benefits

3.5

Culture & values

3.5

Work/Life balance

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

5.0

Mar 10, 2026

A great place to work

Correspondent

Recommend

CEO approval

Business Outlook

Pros

They genuinely care about their employees. The executive team is committed to growing the company while staying true to its core values. Despite the company’s size, they continue to foster a family‑like environment. Leadership is approachable at every level, consistently demonstrating their commitment to a true open‑door policy.

Cons

Because the organization is so large, processes can sometimes move slowly—but that structure also ensures decisions are thoughtful, well‑vetted, and aligned across the company.

Newrez Response

4mo

Thanks for taking the time to share your feedback. We’re glad our culture and focus on core values continue to stand out as we grow. We appreciate you sharing your experience and insights.

5.0

Mar 10, 2026

Awesome Resort

Wholesale account executive

Recommend

CEO approval

Business Outlook

Pros

I loved the property and location.

Cons

The food and beverages were somewhat pricey.

Newrez Response

4mo

Thanks for sharing your feedback on the President’s Club trip. We’re glad you enjoyed the experience and the time to connect and celebrate the wins together. We appreciate you taking the time to share your thoughts as we strive to improve future trips.

5.0

Mar 10, 2026

A company that helped me build my career and my future

Mortgage consultant

Recommend

CEO approval

Business Outlook

Pros

Newrez has an amazing culture where people truly support each other and leadership pushes you to grow and succeed. I have made a great living here and have built strong relationships with people I have worked with since 2012. It feels like a family and the opportunities to grow and win are real for anyone willing to put in the work.

Cons

The pace can be fast and the expectations are high but that is also what creates success. If you stay focused and stay positive you will thrive here.

Newrez Response

4mo

Thanks for taking the time to share your feedback with us! We’re so glad our culture, leadership, and growth opportunities have made Newrez a place you’ve enjoyed building your career. Thanks for being part of our team!

Viewing 40 - 42 of 1,497 Reviews

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Jobs at Newrez

Customer Service Representative

Database Administrator III

Loan Analyst/Loan Processor

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