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
May 6, 2016

LO

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It was a fun environment

Cons

It's simpl a pyramid scheme with producing managers unconcerned with your production but very much an influence in said production.

3.0
May 4, 2016

Loan Officer

Recommend
CEO approval
Business Outlook

Pros

Competitive rates, multiple products, access to leads, great people

Cons

Underwriting, processing delays, loan officers chase stips

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.

Viewing 1423 - 1425 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.