FHA Loans
Newfi Wholesale provides FHA loans combining low rates, low down payments, and more flexible credit qualifications.
FHA Loans
Low down payments and reduced credit requirements for first-time and experienced homebuyers
- AUS or manual underwrite
- 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
- 3 years seasoning for foreclosure or deed-in-lieu
FHA Streamline Refinancing
Allows homeowners with an existing FHA loan to refinance without an appraisal or certain other documentation
- No appraisal required
- No income/employment verification required
- Credit scores as low as 580
- Reduced documentation needs