Newfi is excited to announce the addition of a new proprietary Non-QM product called Sequoia Portfolio Expanded.
Sequoia Portfolio Expanded has all the great features of the Sequoia Portfolio Plus, as well as higher LTV limits, lower credit scores and shorter recovery time between major credit events.
- Borrow up to $2.5 million
- Multiple options to meet tradeline requirements
- 3-year seasoning for BK, foreclosure, short sale or deed in lieu
- Smart asset depletion guides – assets divided by 120 months
- One year income documentation OK for Self-Employed and basic W-2
- Relaxed housing payment history
- Reduced reserve requirements
- 12- and 24-month bank statement program
Since these are proprietary Newfi products, we control all underwriting and make all credit decisions and exceptions, providing flexible qualification and faster approvals. No investor approval required!
Contact your account executive now to get current pricing.