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2025 Summer Internship – Product Development

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.


We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Primary Function:
 

Our University Internship Program begins June 2025 and is 10 weeks long. The program provides qualified students the opportunity for professional development by building relationships, gaining corporate experience, learning about our industry, and preparing students with the experience needed to have a rewarding career at our organization. The ideal candidate can see the big picture in any situation, has an entrepreneurial and process improvement mindset and can handle any situation with composure and empathy. We’re looking for assertive, well-spoken, and compassionate students who are dependable, service-minded, and results-oriented.

The Product Development Intern will fully immerse in the day-to-day activities of our Product Development team who is responsible for new product implementations, product maintenance, and live loan support.

Primary Responsibilities

  • Daily monitoring of Product Development inboxes

  • Maintain credentials for investor sites

  • Maintain applications and recerts for investor relationships

  • Performs assigned duties, under direction of experienced personnel, to gain knowledge and experience

  • Performs business analyses and provides recommendations to leadership for business and process changes

  • Receives training and performs duties in several functions in order to become familiar with line and staff functions, management viewpoints, company policies, and best practices

  • Observes experienced team members to acquire knowledge of methods, procedures, and standards required for performance of departmental duties

  • Will be required to attend company sponsored training classes, activities, and events

  • Build relationships with employees and colleagues

Education and Experience Requirements

  • Currently pursuing a four-year college degree with a scheduled graduation date between Fall 2025 and Spring of 2026.

  • Degree in Business preferred.

Knowledge, Skill and Ability Requirements

  • Highly developed organizational and project/time-management skills with an ability to manage multiple priorities and meet multiple deadlines

  • Excel in a team-oriented, collaborative environment while contributing to the creation, design, and implementation of value-add business strategies that affect current operating practices and company policy.

  • Be able to clearly articulate and present ideas and findings to a varied audience, including the operations staff and senior leadership.

  • Excellent written and verbal communication skills

  • Proficiency in quantitative analysis

  • Ability to adapt

  • Willingness to learn

  • An entrepreneurial business mindset

  • Strong business communication skills with an ability to work well in a collaborative environment

  • Strong attention to detail and an ability to multi-task and work well individually

  • Strong skills in Excel and/or Tableau (charts, graphs, pivot tables, formulas, macros etc.)

  • Experience with PowerPoint is a plus


Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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What You Should Know About 2025 Summer Internship – Product Development, Newrez

Are you ready to kick-start your career in Product Development? Look no further than the 2025 Summer Internship with us in Coppell, Texas! This isn't just another internship; it's your chance to join a dynamic team where we really value our residential mortgage borrowers and business partners through stellar service and effective communication. As a Product Development Intern, you will dive deep into the day-to-day workings of our experienced team, covering everything from new product implementations to live loan support. Over the course of this 10-week program starting in June 2025, you'll gain hands-on experience that’s crucial for building relationships and developing your professional skills. We’re looking for assertive, empathetic, and service-minded students who can comfortably manage multiple priorities. You'll engage in various tasks, including monitoring our Product Development inboxes, maintaining investor site credentials, and providing insights for process improvements—all while receiving training and guidance from industry veterans. Whether you’re collaborating on innovative strategies or analyzing data in Excel, you’ll be equipping yourself with the vital tools needed to carve a successful path in this field. If you're currently pursuing a business degree and have a passion for learning and organized problem-solving, this internship could be the perfect fit. Come and experience a culture that embraces teamwork and rewards initiative, while making a genuine impact in the mortgage industry. We can’t wait to meet you!

Frequently Asked Questions (FAQs) for 2025 Summer Internship – Product Development Role at Newrez
What responsibilities does the 2025 Summer Internship – Product Development entail?

The primary responsibilities of the 2025 Summer Internship – Product Development include daily monitoring of Product Development inboxes, maintaining credentials for investor sites, and performing business analyses to recommend changes. You'll also receive guidance from experienced personnel and engage in various training activities, all contributing to your learning and growth in the field.

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What qualifications are needed for the 2025 Summer Internship – Product Development?

To qualify for the 2025 Summer Internship – Product Development, candidates must be currently enrolled in a four-year college program with expected graduation between Fall 2025 and Spring 2026, ideally pursuing a degree in Business. Strong communication skills, a keen organizational ability, and proficiency in Excel are also essential.

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How can this internship at the 2025 Summer Internship – Product Development help my career?

The 2025 Summer Internship – Product Development will provide you with invaluable hands-on experience in the mortgage industry. You'll build important professional relationships, learn from seasoned professionals, and get real-life insights into product development processes, all of which are crucial for establishing a successful career.

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What skills will I develop during the 2025 Summer Internship – Product Development?

During the 2025 Summer Internship – Product Development, you will develop advanced organizational and project management skills, enhance your quantitative analysis abilities, and learn to clearly articulate findings to various audiences. Additionally, you’ll gain experience in Excel and possibly PowerPoint, which are crucial in a business setting.

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What is the company culture like for the 2025 Summer Internship – Product Development?

The company culture for the 2025 Summer Internship – Product Development is rooted in teamwork and collaboration. We celebrate diversity and strive to create an inclusive environment where every intern can share their ideas and contribute meaningfully to our ongoing success.

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Common Interview Questions for 2025 Summer Internship – Product Development
What interests you about the 2025 Summer Internship – Product Development?

When answering this question, focus on your passion for product development and how it aligns with your career goals. Mention specific aspects of the internship that excite you, like working with experienced professionals or contributing to innovative mortgage solutions.

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Can you give an example of a time you worked on a team project?

Provide a specific example of a team project where your role was significant. Highlight how you contributed to the team's goals, resolved any conflicts, and what the outcome was. This shows your collaborative skills.

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How do you prioritize tasks when you have multiple deadlines?

Demonstrate your time management skills by discussing how you assess deadlines and prioritize tasks accordingly. You might mention tools or methods, like to-do lists or digital productivity apps, that help you stay organized.

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What do you know about our company and the Product Development team?

Before the interview, research our company’s mission, values, and recent developments. When answering, express your understanding of how the Product Development team contributes to the overall goals and success of the organization.

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Describe a challenge you faced and how you overcame it.

Share a specific challenge that demonstrates your problem-solving skills. Explain the steps you took to address it, what you learned, and how this experience prepares you for a position like the 2025 Summer Internship – Product Development.

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What skills do you bring to the 2025 Summer Internship – Product Development?

Highlight skills that match the internship requirements, such as strong analytical abilities, excellent communication skills, and teamwork. Provide examples of how you’ve applied these skills in academic or work settings.

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How do you handle constructive criticism?

Discuss your approach to receiving feedback positively. Stress the importance of growth and learning from criticism to improve your performance, and provide an example of a time you used constructive feedback effectively.

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Why is data analysis important in product development?

Explain that data analysis is crucial for ensuring informed decision-making in product development. It helps identify market needs, measure performance, and contributes to formulating strategies that drive success.

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What do you expect to gain from this internship?

Express your eagerness to learn about the mortgage industry and product development while honing your professional skills. Be specific about the knowledge and experiences you hope to acquire during the internship.

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How would you contribute to a positive team environment in the internship?

Discuss your teamwork philosophy, emphasizing respect, open communication, and support for team members. You can also share how you’ve contributed to positive environments in the past.

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TEAM SIZE
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HQ LOCATION
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EMPLOYMENT TYPE
Internship, on-site
DATE POSTED
April 2, 2025

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