Terrific Jumbo Pricing on Biscayne 7/1 ARM

Newfi is offering some of the best jumbo pricing in the country on its fully-delegated Biscayne product. The 7/1 ARM options have been extremely popular. Biscayne’s features include: 90% Max LTV $3M Max Loan Amount 2nd Home / Investments Allowed 680 Minimum Credit Score Interest-Only ARMs Available Fully Delegated Underwriting RSU (Restricted Stock Units) Income Allowed Gift Funds Allowed Income from Departing Residence …

Newfi’s Pricing on 5/1 Jumbo is HOT!

Need great pricing on a 5/1 Jumbo? Look no further than Newfi Wholesale! Check out this scenario, with no added price adjustments: 5/1 ARM Purchase $1.6 million value, $1.1 million loan amount 70% LTV 730 credit 15-Day Closing Fully delegated: no investor-added conditions or timelines RESULTS: Take advantage of this deal – get your loans priced now!

Sequoia Portfolio Plus: 1 Year Income Verification For Self Employed Borrowers

Newfi Wholesale’s Sequoia Portfolio Plus allows you to use one year of income documentation for self-employed or salaried W2 borrowers. Here are some other highlights of Newfi’s recent guideline expansions: Loan amounts up to $2.5 million for Owner; $2 million for NOO and 2nd Home Income calculation can use asset depletion funds from checking, savings stocks, bonds, mutual funds, retirement accounts. Minimum $100k needed to …

Newfi’s Sequoia Expansion – It’s a Big Deal

Newfi Wholesale has expanded its guidelines for Sequoia Portfolio Plus, making it easier than ever to qualify more Jumbo borrowers. Here are some of the features of our guideline expansions: One year income documentation OK for Self-Employed and basic W-2 No minimum trade line requirement with 3 credit scores, LTV < 75% and 24 month housing payment history. LTV increased …

Ask Newfi About In-House Exceptions for Jumbos

You asked and we listened. Newfi makes it easy to request in-house exceptions for jumbo loan amounts. Submit your exception request here. Typical exception requests on the Sequoia Portfolio Plus include: Credit Score Max Cash Out Credit History Payment Shock Non-Warrantable Condo DTI Loan Amount And don’t forget, besides the in-house exceptions on our Portfolio Plus, we offer a Fixed …

Newfi Wholesale Hits Target with Near-Miss Jumbos

It can be frustrating when one or two guidelines block a perfect borrower from qualifying for a perfect jumbo loan. We call those Near-Miss Jumbos. And they’re why we created Sequoia Portfolio Plus – so more of those jumbos can find a fit. With Sequoia, we make all credit decisions and exceptions, which means flexible qualification and faster credit decisions. Here’s …

Low Rates for High Balance Mortgages

With our new guidelines, agency high-balance loans may be underwritten to the AUS findings and submitted to our aggressively-priced, fully-delegated Biscayne jumbo loan program! Read all about the Biscayne Delegated Jumbo Loan Program and get the latest guidelines. Call your Account Manager, or reach out to the Newfi Wholesale team at 888-415-1620! Share this Post

Biscayne Delegated Jumbo Now Includes Condos

Our Biscayne fully-delegated jumbo loan program is now open to condos! Read all about the Biscayne Delegated Jumbo Loan Program and get the latest guidelines. Call your Account Manager, or reach out to the Newfi Wholesale team at 888-415-1620! Share this Post

Self-Employed Borrowers? No Problem! We’ve Expanded Biscayne Delegated Jumbo Guidelines

Our Biscayne fully-delegated jumbo loan program is now open to both self-employed and W2 borrowers! Borrowers are considered self-employed when their ownership interest is 25% or higher. Read all about the Biscayne Delegated Jumbo Loan Program and get the latest guidelines. Call your Account Manager, or reach out to the Newfi Wholesale team at 888-415-1620! Share this Post

Improved Guidelines for Biscayne Delegated Jumbo

We’ve improved the guidelines for our Biscayne fully-delegated jumbo loan program! Read all about the Biscayne Delegated Jumbo Loan Program and get the latest guidelines. Call your Account Manager, or reach out to the Newfi Wholesale team at 888-415-1620!