Question 1

Is Newrez a good company to work for?

Accepted Answer

Newrez has an overall rating of 3.5 out of 5, based on over 1,537 reviews left anonymously by employees. This rating has increased by 2% over the last 12 months. 61% of employees would recommend working at Newrez to a friend and 61% have a positive outlook for the business. The best reviews about Newrez have been left by employees working as Production Assistant, Team Lead and Business Analyst.

Question 2

Does Newrez pay their employees well?

Accepted Answer

According to anonymously submitted Glassdoor reviews, Newrez employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Newrez. This rating has been stable over the past 12 months.

Question 3

How satisfied are employees working at Newrez?

Accepted Answer

61% of Newrez employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Newrez 3.5 out of 5 for work life balance, 3.5 for culture and values and 3.5 for career opportunities.

Question 4

What are the top reviewed jobs at Newrez?

Accepted Answer

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)

Question 5

What are the pros of working at Newrez according to real employee reviews?

Accepted Answer

"Benefits are good If you are single but very expensive for families" ((in 83 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 81 reviews)); "Great people to work with!" ((in 66 reviews)); "Great work from home opportunity" ((in 41 reviews)); "have great managers family values are important" ((in 40 reviews))

Question 6

What are the cons of working at Newrez according to real employee reviews?

Accepted Answer

"Bad management And takes forever to move up" ((in 78 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 37 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Long hours for high profile projects" ((in 15 reviews))

Question 7

What are employees saying about Newrez layoffs in 2026?

Accepted Answer

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Newrez layoffs and their outlook for job security at Newrez in 2026.

Question 8

What are the top reviewed Newrez locations?

Accepted Answer

Greenville, Coppell, Fort Washington, Houston, Tempe, Dallas, Plymouth Meeting, Philadelphia, Irving, Columbia, Charlotte, Tampa, Oklahoma City, Jacksonville, Strongsville, San Diego, Phoenix, Raleigh, New York, Indianapolis, Los Angeles, Kirkland, Katy, Texas City, Seattle, Downers Grove, Virginia Beach, Chandler, Denver, Monroe

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Loan Officer - California

I worked at New Penn for almost 2 years

Difficult-Aggravating--but have made great money.

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