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NewRez LLC

  3,937 inquiries |
Mortgage Services

4000 Chemical Road Suite 200
Plymouth Meeting, PA 19462
| Get Directions

(888) 673-5521

http://www.newrez.com

Company Rating

D

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Customer Reviews

based on 4 reviews.

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Complaint Experience

17%

Complaint Resolution Index (CRI)

6 complaints closed in last 3 years.

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Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

Recent Review

Posted on 12/15/2025

Horrible company all around

Horrible company. I paid for the appraisal, and my home is worth 1.550 and the came back at 1.5 just low enough where they could have me bring 10k to close. I've never heard of a home that's valued at over a million to appraise at 10 k short of the price. At that amount you better be able to find 10k. Then right before closing they tried adding another close to 10k to close. ???????Looking at the reviews I see why don't do business with the company. I paid for the appraisal knowing they were going to try and come back short. I told my agent that I know what they're going to come back with. They try to be sneaky and that's why the company is getting so many bad reviews.

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Complaints and Resolutions

Total Amount in Dispute:
$5,285.00

Total Amount Settled:
$0.00

Complaint Experience

17%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Our complaint history for this company shows that the company responded to and gave proper consideration to some complaints. However, most complaints are unresolved meaning the company failed to properly address the complaint allegations or their response was inadequate.

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Complaint Closing Statistics

6 complaints against NewRez LLC closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
1 Agreed to make an adjustment
1 Refusing to make an adjustment
1 Refuse to adjust, relying on terms of agreement
3 Unanswered

View summaries of the complaint descriptions and responses.

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Other Information

Company Info

This company's business is providing mortgage services.

Primary Contact: Patrick Cannon, Esq (Legal Department)
Business Started: 4/1/1996
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Licensing

We know of no licensing or registration requirement for companies engaged in this company's stated type of business.

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

Industry Resources
Advertising Reviews
Additional Info

DBAs:

NewRez Loan Servicing

Websites:
There are no additional web sites.

Contacts:

Kayla Williams (Regulatory Correspondence Specialist )
Amy Toller (Customer Advocacy Specialist)
Gina Behlke (Senior Regulatory Specialist)
Jayme Shy
Customer Advocacy

Other Categories:

Addresses: