Newrez LLC Principal Engineer Salary | Comparably
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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
205
TOTAL
RATINGS
1685
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Newrez LLC Principal Engineer Salary

The average Newrez LLC Principal Engineer earns an estimated $164,885 annually, which includes an estimated base salary of $145,594 with a $19,291 bonus. Newrez LLC's Principal Engineer compensation is $3,148 more than the US average for a Principal Engineer. Principal Engineer salaries at Newrez LLC can range from $64,000 - $259,000.

The Engineering Department at Newrez LLC earns $1,444 more on average than the Operations Department.

Last updated a month ago.

$50k
$85k
$120k
$154k
$2.06M
$164,885
Average Compensation
$145,594
avg. base
$19,291
avg. bonus

Principal Engineer Salaries at Newrez LLC

Principal Engineers earn $3,468 more than Principal Engineers, and $1,123 less than Group Engineering Managers.

Director of Engineering
$202k*
Group Engineering Manager
$166k*
Principal Engineer
$161k*
Engineering Manager
$157k*
Sales Engineer
$143k*
Lead Engineer
$140k*
Data Scientist
$133k*
Senior Developer
$129k*
Mobile Developer
$122k*
DevOps
$119k*
Senior QA
$117k*
QA
$88k*
Developer
$85k*
Jr Developer
$84k*
* estimated salary

Compensation at Newrez LLC by Department

The Engineering Department averages $1,444 more than the Operations Department, and $10,404 less than the Product Department

Product
$134,657 Avg. total comp.
+$10k
Engineering
$124,253 Avg. total comp.
Operations
$122,809 Avg. total comp.
-$1k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to Newrez LLC reported making $151,156, while the average male Principal Engineer at similar sized companies reported making $160,687.

Principal Engineer Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Principal Engineer at companies similar size to Newrez LLC reported making $168,169, while the average Hispanic or Latino Principal Engineer at similar sized companies reported making $149,389.

How Principal Engineers at Newrez LLC Rate Their Compensation

The majority of Principal Engineers at Newrez LLC believe they're compensated fairly. 33% of Principal Engineers 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
51
Does your company give annual bonuses?
33% Yes
33
Are you satisfied with your Benefits?
40% Yes
40

See Newrez LLC Principal Engineer Salaries by City

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