Bought Caliber Home Loans - Loan Consultant Newrez Employee Review

3.0
Feb 7, 2024
Recommend
CEO approval
Business outlook

Pros

Flexibility, 401k, work at your own pace

Cons

Bought out my NewRez and they are about to change everything to be more like Rocket/Quicken

Explore other reviews about Newrez

5.0
Jun 10, 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

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Newrez Response
2w
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
Jul 1, 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

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