Newrez reviews

3.5

60% would recommend to a friend

(1,497 total reviews)

Baron Silverstein

68% approve of CEO

60% positive business outlook

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).

Reviews by job title

1K reviews
1.0
Jan 22, 2017

Stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Unfortunately I don't have any this place was a joke.

Cons

Poor training, no work home life balance, Leadership is a joke this place is a toxic environment. Upper management had no tack or class.

2.0
Jan 10, 2017
Recommend
CEO approval
Business Outlook

Pros

Our team manager was awesome, really seemed to care and tried his best to help. Seemed fairly flexible and reasonable with emergency situations and time off.

Cons

Regional managers were terrible, seemed to especially hate men. Internet leads were terrible, already picked through by quicken and loan depot, New Penn's rates and closing costs weren't competitive at all

5.0
Jan 8, 2017
Recommend
CEO approval
Business Outlook

Pros

Competitive pay plan, very supportive team. Willingness to work as a team to get loans closed on time. Supportive Managment team

Cons

Normal struggles with processing and underwriting . No different than most companies, at least they are willing to try to get the deals done

Viewing 1411 - 1413 of 1,497 Reviews

Glassdoor has 1,538 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.