Is Newrez a good company to work for?

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 .

Does Newrez pay their employees well?

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.

How satisfied are employees working at Newrez?

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.

What are the top reviewed jobs at Newrez?

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)

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

"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))

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

"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))

What are employees saying about Newrez layoffs in 2026?

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.

What are the top reviewed Newrez locations?

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

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

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Parent or family caregiver

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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

1.0

Aug 9, 2013

Horrible place to work

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

You are able to work remote and decent pay.

Cons

Management does not listen to what you say. They hire their friends that are unqualified. They are disorganized as a company and are not equipped for government loans. They don't know what they are doing when it comes to FHA/VA. They cant keep employees and have a high turnover. Their medical insurance is outrageously priced. No career advancement.

3.0

Mar 28, 2013

Analyst

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Flexible Hours, paid time off

Cons

Private company, basically if your boss doesnt like you personally, you are not moving up or anywhere in the company.

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 1492 - 1494 of 1,496 Reviews

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Jobs at Newrez

Relationship Associate

Customer Service Representative

Newrez

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Horrible place to work

Analyst

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

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