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4000 Chemical Road Suite 200
Plymouth Meeting, PA 19462
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(888) 673-5521

http://www.newrez.com

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Total Amount in Dispute:
$5,285.00

Total Amount Settled:
$0.00

Complaint Experience

14%

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

7 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
2 Refusing to make an adjustment
1 Refuse to adjust, relying on terms of agreement
3 Unanswered

7 complaints against NewRez LLC

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5/21/2026

RESPONSE: Refusing to make an adjustment Amount in Dispute: $0.00 Amount Settled: $0.00

Customer Complaint

5/7/2026

We tried to do a refinance to pull out equity in our home that they told us to do, so we could do some home improvements. They told us not to make our house payment for two months and then they try to service that they're taking our home and every month since then they won't take our house payment. They give us this line that our house payment isn't current. We hadn't been laid in a payment in 17 years and every time we turn around, they're giving us a line of garbage every month.. also it took us a year to get our taxes squared away because they moved the decimal point and added an extra zero and hard hard taxes so messed up we sent registered letters and everything for a year before we got it squared away Resolution Sought Stop messing with me and quit trying to get more money out of us every time they turn around.

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Company Response

5/8/2026

Newrez has received the correspondence but "Business Consumer Alliance" is not an authorized third party on the account.

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12/15/2025

RESPONSE: Refuse to adjust, relying on terms of agreement Amount in Dispute: $5,200.00 Amount Settled: $0.00

Customer Complaint

12/10/2025

I work a job that is not consistent so since the start of my loan with New Rez, I make payments early. I have never had an issue. They provide a box that allows me to allocate my payment and I allocated my payments to future payment. In November, everything was allocated as I asked and my next payment was due 10/1/2026 due to making and allocating on their form how I wanted my payments made. Suddenly on 12/1/2025 without any notice they took my payments and put them towards principal. I do not want the payments towards principal and did not allocate them that way. I intentionally pay early so I make sure my house payment is always made. I immediately called and was told it would be fixed, it was not, I called back and was told it would be escalated. I called today and was told you can not pay more than three months ahead. That would be find had I been told that and had I not received statements for month and been able to allocate these payments ahead. I am not sure how they can suddenly make a policy change and change my past allocations without notice or warning. I am now scared, Resolution Sought A) Apply it as we both agreed when I made the payment and as shown on the 11/1/2025 statement. B) Refund me the money you misapplied towards principal so I will have it for those payments

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Company Response

12/11/2025

Newrez has received the correspondence but "Business Consumer Alliance" is not an authorized third-party on the account.

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Customer Rebuttal

12/11/2025

Please let me know how to make them an authorized third party as I would like a resolution.

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Company Final Response

12/15/2025

Newrez has received the correspondence but "Business Consumer Alliance" is not an authorized third-party on the account.

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