About NewRez
NewRez is a company based in United States founded in 2008.. NewRez offers products and services including Mortgage Application, Refinance Service, and Home Equity Loan. NewRez operates in a competitive market with competitors including Better Mortgage, loanDepot, Hometap, Mr. Cooper and Rocket Mortgage, among others.
- Headquarter Washington, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Newrez Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of NewRez
NewRez offers a comprehensive portfolio of products and services, including Mortgage Application, Refinance Service, and Home Equity Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online tool for applying and managing mortgage loans
Assists in refinancing mortgages to lower rates or access cash
Provides loans using home equity for financial needs
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Software Development Team
57 people
Leadership Team
49 people
Sales and Marketing
27 people
Human Resources and Administration
16 people
Data Analysis and Operations Team
16 people
Senior Team
9 people
Legal and Compliance
8 people
Operations Team
5 people
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Funding Insights of NewRez
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by NewRez
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NewRez
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newrez Comparisons
Competitors of NewRez
NewRez operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Better Mortgage, loanDepot, Hometap, Mr. Cooper and Rocket Mortgage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Residential mortgage loans are facilitated via an online marketplace.
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Consumer loans for personal and home needs are provided online.
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Provider of Home loans
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Provider of an app-based platform for residential mortgage loans
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| domain | founded_year | HQ Location |
Residential mortgage loans are offered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Newrez
Frequently Asked Questions about NewRez
When was NewRez founded?
NewRez was founded in 2008.
Where is NewRez located?
NewRez is headquartered in United States. It is registered at Washington, United States.
Who is the current CEO of NewRez?
Kevin Harrigan is the current CEO of NewRez.
What does NewRez do?
Founded in 2008 and based in Washington, United States, NewRez operates in the mortgage lending sector. An online platform is provided for users to construct and adjust mortgage loans, with approvals required for credit, underwriting, and property. Loan funds are transferred to registered bank accounts upon approval. Mortgage refinance options are also available through the platform.
Who are the top competitors of NewRez?
NewRez's top competitors include loanDepot, Better Mortgage and Rocket Mortgage.
What products or services does NewRez offer?
NewRez offers Mortgage Application, Refinance Service, and Home Equity Loan.
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