In-House Investor Pro: NIV, NEV, NAV.

Newfi Wholesale Non-QM

Remember the NIV/NAV loans? Sequoia Investor Pro is incredibly flexible, underwritten in-house, and requires no income, employment or asset verification*. This terrific NOO option is a NIV NEV NAV, and is making headway in the marketplace. Newfi Wholesale has created one of the easiest methods of qualification for your investor clients. With Sequoia Investor Pro you have two options: qualify based …

Easy Bank Statement Qualification – Sequoia Portfolio Plus and Expanded

Newfi Wholesale Non-QM

You can qualify more self-employed borrowers using our Sequoia Portfolio bank statement programs. This is an excellent opportunity to review your pipeline of borrowers who were not previously able to qualify with a full doc, and breathe new life into those deals. Here are some highlights: Personal bank statements – Use 100% of employment related deposits with no additional expense …

Convert borrower assets into qualifying income with Sequoia Portfolio Plus

Newfi Wholesale Non-QM

Newfi offers one of THE EASIEST Asset Depletion calculation methods in the industry with its Sequoia Portfolio Plus Non-QM program. Eligible funds can be held in checking, savings, stocks, bonds, mutual funds or retirement accounts. To calculate, take the total amount of eligible assets, divide by 120 months and add the result to the “other income” section of your 1003 – it’s …

Sequoia Investor Pro: Qualify with no income, employment or reserve disclosure

Newfi Wholesale Non-QM

Investors can qualify for Sequoia Investor Pro with no income or employment disclosure and no reserve requirement. There are two ways for borrowers to qualify: Debt Service Coverage Ratio (Gross Rent/PITI) >= 1.15; or No Ratio (not using subject property rent to qualify). This proprietary program is available in 3/1 and 5/1 ARMs, and has an Interest-Only option available. Cash to close must be verified …

New Product Alert – No Investor Approval Required!

Newfi Wholesale Non-QM

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 …

Advanced Broker Toolkit: Portfolio Asset Depletion Income

Newfi Wholesale Non-QM

Newfi is always looking to help you benefit from using our Sequoia Portfolio Plus program. Did you know that Sequoia offers one of THE EASIEST Asset Depletion calculation methods in the industry? With Sequoia’s Asset Depletion program you can use funds held in checking, savings, stocks, bonds, mutual funds or retirement accounts. By simply taking the total amount of eligible …

New Webinar: Non-QM Updates and Marketing Tips

Newfi Wholesale Marketing, Non-QM, Webinars

Newfi Lending’s first Non-QM webinar in July was a great success and is back by popular demand! Newfi’s follow-up webinar will share program updates and offer marketing ideas for many of the program’s key features and benefits. Join us for a 30-minute webinar where we will cover: Recent updates to existing guidelines Marketing ideas to help generate Non-Qm loan volume …

Free Webinar – Learn to Capture More Business with Non-QM

Newfi Wholesale Non-QM, Webinars

Newfi Lending is experiencing tremendous growth with our proprietary, Non-QM program and wants to show you how to grow too! Join us for a 30-minute webinar where we will cover: Originating bank statement loans Saying yes to AirBnB and VRBO properties Finding more sources of income to overcome DTI Qualifying jumbo borrowers on 1-yr of income documentation Making asset depletion …

Newfi Wholesale’s Scenario Submission Simplifies and Streamlines

Newfi Wholesale Non-QM, Products, Why We're Great

Newfi Wholesale’s Submit a Scenario feature is a simple and fast way to to find the best product fit for your borrowers. Conveniently located at the top of our website, Submit a Scenario guides you through a webform to collect basic information about your unique loan. Along with the regular data fields, there is space to share compensating factors, and …

Top 10 Reasons to Send Your Tough Loans to Newfi Wholesale

Newfi Wholesale Non-QM, Why We're Great

Do you have a loan that’s tough to get approved? Send your loan to Newfi Wholesale, where we have a plethora of non-QM programs to help you get your loan closed: Interest Only. Fixed rate, 40-year loans with the first 10 years making interest only payments, and then 30 years of full PITI Pre-approvals to ensure your borrowers are well …