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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
      3.0
      Nov 29, 2013

      It's ok I guess.

      Mortgage consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      They pay for your training, licensing, continuing ed. Good people to work with, relaxed environment

      Cons

      Company doesn't adjust to changing environment, back end processing and underwriting is horrible, business model is obsolete and doesn't help LO to progress and make money.

      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.

      3.0
      Oct 21, 2013

      Mortgage Consultant

      Mortgage consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Although some training that is offered is very good it can sometimes be very repetitive. Management tries to provide positive working environment.

      Cons

      Upper management is slow to adapt to market conditions. Often gridlocks the loan process when changing ways of doing things.

      Viewing 1486 - 1488 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.