Newrez LLC Head of Product Salaries in Houston | Comparably
Newrez LLC Claimed Company
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential read more
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Newrez LLC Head of Product Salaries in Houston

The average Newrez LLC Head of Product in Houston earns an estimated $197,478 annually, which includes an estimated base salary of $163,861 with a $33,617 bonus. Newrez LLC's Head of Product compensation is $18,073 more than the US average for a Head of Product. Head of Product salaries at Newrez LLC in Houston can range from $85,000 - $380,000.

In Houston, The Product Department at Newrez LLC earns $12,362 more on average than the Operations Department.

Last updated 2 months ago.

$20k
$75k
$123k
$174k
$415k
$885k
$197,478
Average Compensation
$163,861
avg. base
$33,617
avg. bonus

Head of Product Salaries at Newrez LLC

In Houston, Heads of Product earn $5,281 more than Directors of Product.

Director of Product
$192k*
Group Product Manager
$182k*
Senior Product Manager
$158k*
Product Manager
$120k*
Jr Product Manager
$87k*
* estimated salary

Compensation at Newrez LLC by Department

In Houston, The Product Department averages $12,362 more than the Operations Department, and $7,828 less than the Legal Department

Legal
$142,485 Avg. total comp.
+$8k
Product
$134,657 Avg. total comp.
Operations
$122,295 Avg. total comp.
-$12k

Head of Product Compensation by Gender (All Companies)

The average female Head of Product at companies similar size to Newrez LLC reported making $201,736, while the average male Head of Product at similar sized companies reported making $202,787.

Head of Product Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Head of Product at companies similar size to Newrez LLC reported making $220,775, while the average African American/Black Head of Product at similar sized companies reported making $127,000.

How Heads of Product at Newrez LLC Rate Their Compensation

The majority of Heads of Product at Newrez LLC believe they're compensated fairly. 33% of Heads of Product at Newrez LLC say they receive annual bonuses, and the majority (39%) are not satisfied with their benefits. See more compensation ratings at Newrez LLC

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