Is Newrez a good company to work for as a Jr. Processor?

Jr. Processor professionals working at Newrez have rated their employer with 3.9 out of 5 stars in 78 Glassdoor reviews. This is a higher than average score with the overall rating of Newrez employees being 3.5 out of 5 stars. Search open Jr. Processor Jobs at Newrez now and start preparing for your job interview by browsing frequently asked Jr. Processor interview questions at Newrez .

Does Newrez pay Jr. Processor employees well?

Jr. Processor professionals rate their compensation and benefits at Newrez with 3.9 out of 5 stars based on 78 anonymously submitted employee reviews. This is 8% better than the company average rating for salary and benefits. Find out more about Jr. Processor salaries at Newrez.

How happy are Jr. Processor professionals working at Newrez?

74% of Jr. Processor employees at Newrez would recommend their employer to a friend. This rating has increased by 37% in the past 12 months. Jr. Processor professionals have also rated Newrez with a 2.7 rating for work-life-balance, 4.0 rating for diversity and inclusion, 3.6 rating for culture and values and 3.8 rating 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))

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Newrez

Newrez Jr. Processor reviews

3.9

74% would recommend to a friend

(78 total reviews)

Baron Silverstein

71% approve of CEO

37% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.9

Compensation and benefits

3.8

Career opportunities

3.6

Culture & values

3.2

Senior management

2.7

Work/Life balance

Jr. Processor employees have rated Newrez with 3.9 out of 5 stars, based on 78 company reviews on Glassdoor. This indicates that most Jr. Processor professionals have a good working experience there. Newrez is rated in line with the average (within 1 standard deviation) by Jr. Processor professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

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Parent or family caregiver

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Reviews by job title

78 reviews

1.0

May 3, 2016

Processor

Recommend

CEO approval

Business Outlook

Pros

Can't think of any. I received a paycheck.

Cons

Terrible management. Nobody can make decisions. They know nothing about Retail. Benefits are extremely EXPENSIVE! That should be an indicator of what kind of company it is when the benefits for employees are awful. This company has no culture. Back office support is rude and not helpful.

5.0

Jun 1, 2015

Loan Processor

Loan processor

Recommend

CEO approval

Business Outlook

Pros

Efficient process of processing loans. Great teamwork among departments.

Cons

Poor communication regarding changes in routine and responsibilities.

2.0

Jan 16, 2014

Was able to gain experience in several areas, but management is shortsighted & clueless

Processor

Recommend

CEO approval

Business Outlook

Pros

-great co-workers -opportunity to gain experience in areas outside your job description

Cons

-volatile business environment -extremely poor training in certain areas ( sales, processing) -management is extremely poor and inexperienced -poor pay and benefits -no opportunities for advancement

Viewing 76 - 78 of 78 Reviews

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Newrez

Newrez Jr. Processor reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Processor

Loan Processor

Was able to gain experience in several areas, but management is shortsighted & clueless

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