RUN - Mortgage Consultant Newrez Employee Review

2.0
23 Mar 2021
Recommend
CEO approval
Business outlook

Pros

- Team (other LOs) - Pay (commission structure is really good)

Cons

- everything else - upper management: upper management lacks management skills. they tell you they care about you and don't want you working saturdays, and then will make you work Saturdays within days notice despite hitting your goal. - "ignore the noise" newrez wants to be quicken loans so bad they tell us to noise the noise. instead of having us ignore things going on, they have the entire company ignoring customers (from LOs to management). if you need help with a customer, or if a customer feels ignored - good luck! they and you are on your own. - they pride themselves on exceptional customer service - but their customer service is actually non-existent. loans will get denied and then won't tell their LO's it got denied. you'll find out when the borrower calls in asking for an update. - zero support from managers. being forced to work weekends. managers should work with their team on weekends for support. instead, they force LOs to work ridiculous time slots on the weekend while they sit at home and casually send the "lets get to work team!" email. management has never and will never support their team/work with them on weekends. - technology: technology was fine when I started a few years ago, but has gone down the gutter. "don't fix it if it's not broken" is something they do not believe in. systems are incredibly slow and when there is a problem that needs addressed, instead of working on it to fix it, they instead find a time-consuming work around because that's easier than to actually have to figure out where they went wrong. - if you have a bad day, your managers will automatically think you forgot how to sell and force you to send them call recordings and sign you up for training classes. - PTO: You can take pto but they make you feel guilty for taking off and it's nearly impossible to catch up when you come back. youre out-of-office contact (manager) will not likely respond to any emails and then get mad at you for taking several hours to catch up. they expect you to do that on youre own time so it does not interfere with new business. - many more cons but my hands are tired from typing this. You get the point.

Explore other reviews about Newrez

5.0
10 June 2026
Recommend
CEO approval
Business outlook

Pros

Central Role in the Process. Strong Industry Knowledge. Problem-Solving & Critical Thinking. Relationship Building

Cons

High Volume / Workload Pressure. Limited Control Over Outcomes

avatar
Newrez Response
3w
Thanks for sharing your positive feedback! We’re happy that you are having a positive experience with us. Insights like yours help us continue improving and creating an even better workplace. We appreciate you taking the time to share your thoughts.
2.0
1 July 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

avatar
Newrez Response
3d
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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