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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,496 total reviews)

      Baron Silverstein

      69% approve of CEO

      61% positive business outlook

      Ratings by demographic groups

      Newrez has an employee rating of 3.5 out of 5 stars, based on 1,496 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
      4.0
      Nov 21, 2013

      Great People, Small Company, Good Future but still some things to work on.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The people - everyone is friendly and jokes around, sometimes go out for drinks. The CEO is extremely friendly and will pop in and say hi, acts like a normal person. The learning Experience - you'll be knees deep learning about different facets of the mortgage origination process if you are inquisitive and curious

      Cons

      Pay is sub-par. Mortgage originators run on very low margins. Can be a lot of work to get done, but overtime is discourage. Again, all towards the bottom line.

      4.0
      Oct 17, 2013

      Loan Officer - California

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great management, aggressive pay schedule, fantastic work environment.

      Cons

      Employee compensation is tied to performance, which is dictated by market conditions. Great job when times are good.

      3.0
      Dec 8, 2011

      A good place to start if you're looking to work in the mortgage lending industry.

      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      NPF has a good training program (offered $2k bonus at the time). They offer base salary plus commission (usually LOs at other banks will earn commission only). Friendly employees, team oriented environment.

      Cons

      No room for advancement to sales manager. After a year, you'll earn a $1 increase in hourly pay which is nothing. They hire from outside. Somewhat cutthroat.

      Viewing 1483 - 1485 of 1,496 Reviews
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      ReviewsNewrez reviews

      Glassdoor has 1,537 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.