Choose from a wide spectrum of offerings.
We offer a comprehensive range of offerings for your clients.
- Expanded Criteria products allow for various documentation options (Full, Streamline, NIVA & NINE)
- 97% loan-to-value (LTV) for conforming purchase or rate-and-term refinance transactions; 100% of down payment and closing costs can be gifted by an acceptable donor (primary and single family homes, excluding high balance loans)
- Choice of low down payment FHA, VA or conventional conforming loans for existing manufactured homes
- 620 minimum credit score for conforming loans, with Desktop Underwriting (DU) approval eligibility
- 580 FHA & VA Credit Score
- Freddie Mac-only product with minimal overlays (reference product guides)
- Fannie Mae product allows up to 10 financed properties when the subject property is a second home or investment property; no maximum number of financed properties if the subject property is a primary residence
- Web-based interactive closing calendar
- LPMI and ditech PMI available
- Property Inspection Waiver (PIW) permitted on eligible transactions (FNMA only)
- Conforming ARMs (5/1, 7/1, 10/1) and shorter term fixed-rate
- DU Refi Plus (Non Same Servicer), 150% LTV max unlimited CLTV with 16-30 year amortization
- DU Refi Plus (ditech to ditech) unlimited LTV and CLTV
To learn more, call today:
1-877-700-4622, option 8
This information is for mortgage professionals only and is not for distribution to the general public or for use in any solicitation or ad in any manner whatsoever.
All fields required.
We appreciate your interest in NewRez. A member of our team will be in touch with you shortly. If you have any questions in the meantime, call 1-877-700-4622 and select option 9 for Correspondent Lending.