Newrez Jr. Processor reviews

3.9

74% would recommend to a friend

(78 total reviews)

Baron Silverstein

71% approve of CEO

37% positive business outlook

Jr. Processor employees have rated Newrez with 3.9 out of 5 stars, based on 78 company reviews on Glassdoor. This indicates that most Jr. Processor professionals have a good working experience there. Newrez is rated in line with the average (within 1 standard deviation) by Jr. Processor professionals compared to other employers within the Financial Services industry (3.7 stars).

Reviews by job title

78 reviews
5.0
Mar 1, 2023

Best company ever

Recommend
CEO approval
Business Outlook

Pros

I worked here for 2 years until layoff of 2022.

Cons

Not enough training. Depends on your manager as well as how much training you will get. If your manager is knowledgeable you will do great!

1.0
Feb 16, 2023

Went downhill with New Rez

Recommend
CEO approval
Business Outlook

Pros

There are no pros. Before New Rez, Caliber was the best mortgage company I ever worked for. As soon as New Rez purchased Caliber it all went downhill. New Rez is evil and I am cheering for its inevitable fall due to how they treat employees and customers.

Cons

Note to current New Rez and Caliber employees in Arizona- use up ALL your unused PTO because they won't pay it to you when you are laid off with no warning on a zoom call. So much for going above and beyond by deferring vacations and working when sick because that is how they do you. You've been warned.

2.0
Feb 7, 2023

Review

Recommend
CEO approval
Business Outlook

Pros

I used to love this company, but as the transition occurred to caliber, the company has gone down hill

Cons

Micromanaging Lay offs Poor atmosphere

Viewing 13 - 15 of 78 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.