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 3.4 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 (17) , Production Assistant (15) , Team Lead (15) , Customer Service Representative (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 84 reviews)); "pay WAS good but now its hard to make a money and low hourly pay" ((in 78 reviews)); "Great people to work with!" ((in 65 reviews)); "Great work from home opportunity" ((in 48 reviews)); "Currently a great work life balance" ((in 36 reviews))

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

"Bad management And takes forever to move up" ((in 77 reviews)); "Constant change with poor training and execution and constantly trying to find ways to pay you less." ((in 51 reviews)); "Massive layoffs continue." ((in 34 reviews)); "Poor communication and infrastructures." ((in 23 reviews)); "Really bad management, extreme favoritism." ((in 14 reviews))

What are employees saying about Newrez redundancies in 2026?

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

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Newrez

Newrez Reviews

3.5

61% would recommend to a friend

(1,492 total reviews)

Baron Silverstein

69% approve of CEO

60% positive business outlook

Ratings by category

4.0

Diversity and inclusion

3.6

Compensation and benefits

3.5

Culture and values

3.5

Career opportunities

3.4

Work/Life balance

3.4

Senior management

Newrez has an employee rating of 3.5 out of 5 stars, based on 1,492 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 Finance industry (3.7 stars).

Reviews by job title

1K reviews

5.0

10 June 2026

Valuable role with high workload pressure

Senior appraisal coordinator

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

Newrez Response

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.

5.0

10 June 2026

Supportive management with some scheduling challenges

Sr. software quality assurance engineer

Recommend

CEO approval

Business outlook

Pros

My manager cares deeply and respects each of us as individuals and ensures all of us have the tools we need to succeed. Sr management has an open door policy that they truly incorporate into the company culture and respond with sincerity.

Cons

A few time schedule has overridden timelines and extra effort is required to complete tasks.

Newrez Response

Thanks for the positive feedback! We’re so glad to hear you’re having a great experience with us. Your support means a lot to the team and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!

5.0

4 June 2026

Growth opportunities come with high stress and challenges

Call quality control analyst

Recommend

CEO approval

Business outlook

Pros

A lot of growth and development opportunity

Cons

High Volume and constant challenges can be stressful but rewarding if you can handle it.

Newrez Response

Thanks for sharing your feedback! We’re so glad 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.

Viewing 1 - 3 of 1,492 Reviews

Jobs at Newrez

Jr Mortgage Consultant

Buford, GA

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Jr. Mortgage Consultant

Fort Washington, PA

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Jr Mortgage Consultant

Richardson, TX

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Jr Mortgage Consultant

Buford, GA

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Collections Representative

Houston, TX

USD 34K - USD 44K /yr

(Glassdoor Est.)

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Newrez

Newrez Reviews

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Reviews by job title

Valuable role with high workload pressure

Supportive management with some scheduling challenges

Growth opportunities come with high stress and challenges

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