NewRez Reviews | Glassdoor

NewRez Reviews

Updated May 28, 2019

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Found 182 reviews

3.8
StarStarStarStarStar
Rating TrendsRating Trends
72%
Recommend to a Friend
84%
Approve of CEO
Kevin Harrigan
24 Ratings
Pros
  • "Highly collaborative work environment across all levels of the company(in 14 reviews)

  • "Willingness to work as a team to get loans closed on time(in 10 reviews)

Cons
  • "No cons would suggest better communication(in 8 reviews)

  • "Upper management is stuck in their ways and only care about their bottom line(in 8 reviews)

More Pros and Cons
  1. "Great Company and Great People!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Consultant in Strongsville, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at NewRez full-time for more than 5 years

    Pros

    Hard working staff with great leadership! NewRez is looking to grow exponentially over next few years. Looking forward to being part of the reason NewRez grows to being a top lender.

    Cons

    To many leads to review sometimes. Days go by really fast.

    Advice to Management

    Keep rolling up sleeves to help us grow to the top!

    NewRez2019-05-28
  2. "Great place to work and have a work life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Strongsville, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at NewRez full-time for more than 5 years

    Pros

    Cares about their employees, great work life balance,great support and product mix ,little to no overlays . You get what you put into the job ts fair. No standard deduction , no draw.

    Cons

    Like any place you work there are always little things that could be better . The company is growing and looking for ways to improve .

    Advice to Management

    Keep supporting your people and growing technology .

    NewRez2019-05-24
  3. "A great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Consultant in Strongsville, OH
    Recommends
    Positive Outlook

    I have been working at NewRez full-time for more than 5 years

    Pros

    I've worked at NewRez for several years, and I enjoy coming to work more days than not. I don't think there's truly many people out there that can say that. Management truly cares about your success, and here your success is unlimited! The opportunities are truly plentiful, and the schedule can be flexible. Working here is a lot of fun, and rewarding.

    Cons

    We don't have an in house gym.

    NewRez2019-05-24
  4. "A great opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Consultant in Strongsville, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at NewRez full-time

    Pros

    Every review of every employer is subjective, but I will try to concise and remove the bias either way. I feel this is a great place to work for those who want to make their own way. It is not a place for those who want someone else to do the work for them. I am very aware of what is going on in the mortgage industry, and I am very happy here. I've worked here for 2+ years (the bulk of which was under the New...

    Show More

    Cons

    Processing & underwriting times are improving as they hire more of both, but our recent growth has outstripped capacity. I honestly complain about the meat-locker A/C in the office more than any other thing at work. If you are a decent loan officer, you will either become great or you will move on. There's no room for middle ground. Every company has those who are only going to do the bare minimum, but people...

    Show More

    Advice to Management

    Continue to remain committed to your goals and brand pillars, and continue to be flexible in your approach.

    NewRez2019-05-24
  5. Helpful (1)

    "Embarrassed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Embarassed in No Creek, KY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at NewRez full-time for more than a year

    Pros

    You get to work indoors

    Cons

    Pay is awful and no matter how hard you work it doesn't improve because they keep changing everything. It's a lot of corporate lies and no reward for your time and effort. Management does well for themselves but noone else makes any money.

    Advice to Management

    Train and empower people and improve your terrible benefits and paltry compensation.

    NewRez2019-04-18
  6. "The people make the place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Mortgage Consultant in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at NewRez full-time for more than a year

    Pros

    Can’t ask for better people to work with or be coached by but...

    Cons

    People don’t pay the bills, and that’s all they are worried about numbers and performance.

    Advice to Management

    It’s not about the trips and who’s best. It’s about each other.

    NewRez2019-03-29
  7. "Not a beginner loan officer, stay away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at NewRez full-time for more than a year

    Pros

    Great for new loan officer who needs to get a ton of state licenses

    Cons

    Heavy sales culture with little room for advancement

    NewRez2019-03-26
  8. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Loan Officer in Raleigh, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at NewRez full-time for more than a year

    Pros

    Professional atmosphere, knowledgeable co workers,

    Cons

    The same as any corporation, top down management style.

    NewRez2019-02-21
  9. Helpful (1)

    "Good place to gain experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst 

    I worked at NewRez full-time for more than a year

    Pros

    Not the greatest medical benefits.

    Cons

    lack of respect for some employees

    NewRez2019-02-22
  10. "Solid place to build career"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at NewRez full-time for less than a year

      Pros

      Great management and put people in right position

      Cons

      Benefits not that great. Need to allocate more budget to training

      NewRez2019-01-23
    Found 182 reviews