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Newrez Reviews

Rated 4.3 based on 7637 Reviews

1100 Virginia Dr Suite 125, Fort Washington, PA 19034, United States

Mortgage Broker Fort Washington

Published on
July 10, 2025
Last updated
July 10, 2025

Reviews Summary

Overall, customer sentiment toward Newrez as a mortgage lender is largely positive, with several reviewers emphasizing smooth processes, high responsiveness, and knowledgeable staff. Customers cite clear communication and patient explanations from team members as standout factors, while expressing appreciation for being guided through each step by professionals such as Lee Butler, Benjamin Irvan, Bev, and Laura. However, there are a few frustrated voices mentioning lack of follow-through in communication and dissatisfaction with certain application or settlement processes, indicating some inconsistency in servicing.

The most consistent themes across reviews are professionalism and transparency, with many customers noting efficient and hassle-free loan or servicing experiences. Specific praise is directed at named representatives for their ability to keep the process understandable and stress-free, often resulting in repeat business. Conversely, negative reviews highlight delayed callbacks or funds releases, lack of response from management, and a feeling of being neglected or judged by rigid company policies.

In summary, Newrez, operating in mortgage lending and loan servicing, is typically regarded as a reliable mortgage provider, especially for new or repeat home buyers seeking clear communication and professional guidance. While a minority of reviews note frustrations with communication lags or policy issues, most customers experience well-managed loans and accessible staff, reinforcing a strong reputation for Newrez in the competitive lending sector.
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What Customers Are Saying About Newrez?

excellent experience with Newrez

smooth and efficient

absolute pleasure from start to finish

the experience was fantastic

very knowledgeable, professional and easy to work with

done seamlessly without a single inconvenience

very friendly, very knowledgeable

She explained everything to me

Trustguide extracts key phrases from reviews about Newrez and sort them by sentiment. This gives you a quick view of what customers consistently praise or raise concerns about—without needing to read every review.

Satisfaction Score

Based on the set of reviews used to generate this report, it appears that 70% of Newrez's customers had a positive experience.

Positive
70%
Neutral
0%
Negative
30%

Newrez Ratings

5

As of Based on 7637 revies as of Jul 10, 2025

Newrez Score

70%

As of Based on 7637 revies as of Jul 10, 2025

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Customer Reviews

As of Jul 10, 2025, 7637 customers have reviewed this business and rated it 4.3 Star out of 5. Trustguide conducted an in-depth analysis of Newrez's publicly available reviews View source

jesus de leon rated Newrez 1 stars
5 days ago
I am writing to express my disappointment regarding my recent experiences with your refinancing services. In January, I initiated an inquiry about refinancing my home. At that time, I was informed that processing my application was not possible and that I should reapply in six months. Following this advice, I contacted your organization again recently. I was promised a callback within eight days to discuss available refinancing options. However, I have yet to receive this call. While I understand that processing applications takes time, the lack of communication is concerning. Direct and timely communication, even to decline an application, would be a more professional and customer-focused approach. The discrepancy between the automated email messages promoting your services and the actual experience I have received is also noteworthy. To maintain customer trust and confidence, it is crucial that messaging accurately reflects your capabilities and capacity.
Cindy Mannchen rated Newrez 5 stars
2 months ago
We had an excellent experience with Newrez. From start to finish, their team was knowledgeable, responsive, and genuinely committed to helping me secure the best possible loan. They took the time to explain every step of the process clearly and answered all my questions with patience and professionalism. The entire process was smooth and efficient, with no surprises along the way. I truly felt like they had my best interests at heart. I highly recommend this company to anyone looking for a trustworthy and reliable mortgage provider.
Rolando Watkins rated Newrez 5 stars
2 months ago
Working with DavidWeekly and Newrez Mortgage Company was an absolute pleasure from start to finish! The team was professional, knowledgeable, and truly committed to making the home-buying process smooth and stress-free. They took the time to explain every step, answered all of our questions promptly, and found us an excellent rate. We felt supported and confident every step of the way. If you're looking for a mortgage company that combines expertise with exceptional customer service, look no further. Highly recommend!

Frequently Asked Questions About Newrez

How knowledgeable and responsive are Newrez loan officers?

Multiple reviews highlight that Newrez loan officers are knowledgeable and responsive, taking time to explain every step of the mortgage or refinancing process and answering all questions with patience and clarity.

Are there any reported issues with communication or fund disbursement?

Some customers have mentioned delays in communication, such as waiting for callbacks or slow responses regarding settlement checks. These issues appear less frequent but have led to frustration for those affected.

Does Newrez assist with second mortgage refinancing for existing clients?

According to reviews, obtaining a second mortgage refinance with Newrez may not always be possible, even for clients with excellent payment histories. It is best to confirm eligibility with a loan officer before proceeding.

About Newrez

Mortgage Broker
Newrez is a mortgage lender that provides home loans, refinancing, and loan servicing solutions for individuals seeking to purchase or refinance residential properties. The company operates primarily through direct lending, working with customers in person, via phone, and digitally to facilitate mortgage transactions and ongoing loan administration.

Its operational model centers on guiding clients through the mortgage or refinancing process, from initial inquiry to closing and servicing. Newrez assigns dedicated team members, such as loan officers and specialists, who offer step-by-step explanations, documentation support, and ongoing communication throughout the application and servicing phases.
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How is this report generated

Trustguide generates concise, neutral summaries of business reviews. By analyzing publicly available feedback from reputable platforms, it highlights common experiences, praises, and concerns. This allows users to quickly understand a business’s reputation without reading every individual review.4o
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