Newfi’s Biscayne High Balance Cash-Out Topping Pricing in LoanSifter

Newfi Wholesale Products

Newfi is tops in the country on its fully-delegated Biscayne high-balance cash-out on LoanSifter. Check out these results for this $650k loan on a $1 million property (Owner Occupied, 720 credit full doc cash out refi). The Newfi Biscayne family offers loans that feature: 90% Max LTV $3M Max Loan Amount 2nd Home / Non-Owner Allowed 680 Minimum Credit Score Interest-Only ARMs Available Fully …

Having Trouble Qualifying Self-Employed Borrower?

Newfi Wholesale Products

Tired of saying No? Newfi’s own Sequoia Portfolio Plus will help you say YES! Call your turndowns and tell them you have the loan program that could let them close now! Sequoia will let you CHECK all the boxes. One-year income for self-employed and W-2 – Check! Personal and Business banks statement loans that really close – Check! Simple Asset …

No Minimum Tradeline Requirement with Newfi’s Portfolio Plus

Newfi Wholesale Products

Have you ever had that perfect Jumbo client? Great scores, plenty of equity or down payment and good income, but they just don’t meet the minimum trade line requirements for most Jumbo loans? We’ve had that borrower too, and our Sequoia Portfolio Plus is the solution! Must have 3 credit scores Owner Occupied properties only 0 x 30 on 24-month …

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

Newfi Wholesale Jumbos, Products

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 …

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

Newfi Wholesale Jumbos, Products

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 …

Make Sense Lending is Back

Newfi Wholesale Products

Newfi Wholesale works hard to make sure we have the solutions that fit your needs: Sequoia Portfolio Plus offers flexible in-house exceptions and only 4 years seasoning on BK and foreclosure. 95% CLTV Purchase with our Olympic Piggyback – down payment can come from all gift funds. Biscayne Jumbo is your pick for loans up to $3 million. Fully delegated …

Ask Newfi About In-House Exceptions for Jumbos

Newfi Wholesale Jumbos, Products

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’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 …

Introducing Sequoia Portfolio Plus

Newfi Wholesale Products, Why We're Great

See Sequoia Guidelines (.pdf) Click here for the Sequoia flyer (.pdf) As a portfolio product, we can make exceptions to many of these criteria, provided there are compensating factors in reserves, income, or other areas. All kinds of borrowers are suitable for Sequoia, but you may find the most success with difficult-to-qualify borrowers like: Borrowers should have strong credit and …

FHA loans for credit scores as low as 580

Newfi Wholesale FHA Loans, News, Products

With our new FHA guidelines, we’re offering FHA loans for an even wider range of credit scores. Here’s what special about our FHA loans: Call your Account Manager, or reach out to the Newfi Wholesale team at 888-415-1620!   Share this Post