Newfi is Also a Great Option for FHA Programs

Along with being your go-to lender for Jumbo and Non-QM products, Newfi also offers strong pricing and manual underwriting on its FHA program. Features include: AUS or Manual Underwriting Credit Scores as low as 580 Down Payments as low as 3.5% Gift Funds can cover 100% of down payment and closing costs Up to 85% Cash Out Three years seasoning …

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 …

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

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’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!

Having Trouble Qualifying Self-Employed Borrower?

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 …

Newfi Wishes You Happy Fourth of July

Newfi Wholesale will be closed for Fourth of July, but information on our product options is still just a click away. Our website’s scenario submission feature is a great way to get answers. It’s a simple one-page webform, and even gives you space to request exceptions, or upload supporting documents. So tomorrow, as you’re standing over the grill enjoying time …

No Minimum Tradeline Requirement with Newfi’s Portfolio Plus

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’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 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 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 …