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

EMPLOYEE PARTICIPANTS: 215

TOTAL RATINGS: 1765

CEO: Baron Silverstein

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Newrez LLC Principal Designer Salary

The average Newrez LLC Principal Designer earns an estimated $166,264 annually, which includes an estimated base salary of $144,641 with a $21,623 bonus. Newrez LLC's Principal Designer compensation is $23,699 more than the US average for a Principal Designer. Principal Designer salaries at Newrez LLC can range from $90,000 - $250,000.

The Design Department at Newrez LLC earns $6,227 more on average than the HR Department.

Last updated a month ago.

$27k

$64k

$101k

$138k

$223k

$300k

$371k

$166,264

Average Compensation

$144,641: avg. base

$21,623: avg. bonus

Principal Designer Salaries at Newrez LLC

Principal Designers earn $2,796 more than Principal Designers.

Principal Designer

$163k*

Creative Director

$160k*

Senior UI/UX Designer

$123k*

Senior Designer

$119k*

UI/UX Designer

$97k*

Designer

$91k*

Web/Visual Designer

$72k*

Graphic Designer

$59k*

* estimated salary

Compensation at Newrez LLC by Department

The Design Department averages $6,227 more than the HR Department, and $2,238 less than the Marketing Department

Marketing

$110,085 Avg. total comp.

+$2k

Design

$107,847 Avg. total comp.

$101,620 Avg. total comp.

-$6k

Principal Designer Compensation by Gender (All Companies)

The average female Principal Designer at companies similar size to Newrez LLC reported making $165,685, while the average male Principal Designer at similar sized companies reported making $162,731.

Principal Designer Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Principal Designer at companies similar size to Newrez LLC reported making $170,000, while the average Native American Principal Designer at similar sized companies reported making $100,000.

How Principal Designers at Newrez LLC Rate Their Compensation

The majority of Principal Designers at Newrez LLC believe they're compensated fairly. 33% of Principal Designers at Newrez LLC say they receive annual bonuses, and the majority (40%) are not satisfied with their benefits. See more compensation ratings at Newrez LLC

Do you believe you're paid fairly?

51% Yes

Does your company give annual bonuses?

33% Yes

Are you satisfied with your Benefits?

40% Yes

See Newrez LLC Principal Designer Salaries by City

Houston

Principal Designer Salaries at Similar Size Companies

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