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

3.0

Mar 4, 2026

Amazing People but Huge Leadership / Salary Gaps

Senior data analyst

Recommend

CEO approval

Business Outlook

Pros

Amazing coworkers and team environment within Analytics. People in my business units were so kind and wonderful.

Cons

People outside my direct group were not doing work and getting paid a lot of money, which raises questions on if managers are tracking their employees. Leadership was very bad at keeping promises. I was promised a raise and kept getting stringed along with "we can do it in 2 months" multiple times until I gave it a year and left. Very huge disparty in wages in the department as well, with people doing some of the most work at the bottom earning very 50-75k less then senior or higher analysts.

Newrez Response

4mo

Thanks for sharing your thoughts. We appreciate your feedback as we continue to improve and create a better experience for everyone. We wish you all the best moving forward!

4.0

Mar 3, 2026

Good for the long run

Commercial collections representative

Recommend

CEO approval

Business Outlook

Pros

Good bonus, overtime, can find ways to move up

Cons

Unorganized,constantly helping other departments, training is not the best

Newrez Response

4mo

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!

5.0

Feb 28, 2026

I love working here!

Trail operations specialist

Recommend

CEO approval

Business Outlook

Pros

- employee culture and benefits - growth opportunities - open door policy

Cons

- program sometimes can be a little unorganized

Newrez Response

4mo

Thanks for the positive feedback! We’re glad you’re having a positive experience and truly appreciate you taking the time to share it with us.

Viewing 43 - 45 of 1,497 Reviews

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Customer Service Supervisor

Title Support Specialist - Customer Service

Supervisor, Quality Control- Call Monitoring

Newrez

Newrez reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Amazing People but Huge Leadership / Salary Gaps

Good for the long run

I love working here!

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