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      Newrez

      Engaged employer

      Newrez Reviews

      3.5

      62% would recommend to a friend

      (1,492 total reviews)

      Baron Silverstein

      69% approve of CEO

      61% 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
      2.0
      1 Jul 2026

      Frequently lays off remote workers, regardless of performance

      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

      4.0
      1 Jul 2026

      Growth opportunities and a family-like culture

      Senior mortgage uw iii
      Recommend
      CEO approval
      Business outlook

      Pros

      Growth opportunities, A feeling of working with family. Pay structure and monthly incentive is comparable in this market.

      Cons

      This will vary on your personal desires and needs. I have not experienced any cons that Newrez is accountable for. The industry has moments of pressure and in the mortgage business... we roll with the punches.

      1.0
      22 Jun 2026

      Warning!

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Atrocious! Unreasonable and unrealistic expectations set on new employees. Training is nearly nonexistent. Poor communication throughout the entire company, and it's easy to see how they've amassed so many complaints and lawsuits. Stay away!!

      Cons

      Accrued time off is their only positive.

      avatar
      Newrez Response
      1w
      Thanks for your feedback. We hear your concerns and will make sure they’re shared internally as we continue to improve. We value this input and will use it to guide changes moving forward.
      Viewing 1 - 3 of 1,492 Reviews
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      ReviewsNewrez reviews

      Glassdoor has 1,533 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.