Please note that Newrez LLC may not be the servicer of your current mortgage loan account. If you have any questions about your mortgage loan account, please contact your mortgage servicer.
Newrez LLC is the lending affiliate of New Residential Mortgage LLC, the company that may own the right to service your mortgage loan.
*Closing cost offer available to customers who submit an application for a purchase. Only available for single family primary residences. Credit provided at closing. The offer is nontransferable and can only be used by the intended recipient. Advertised discount can only be applied toward payment of closing costs up to a total amount of $1,000 subject to product underwriting guidelines. Any portion of the discount amount not used toward closing costs will be waived.
**A pre-approval does not signify that all underwriting requirements have been met. Actual terms, including interest rate, are subject to change without prior notice and may vary based on eligibility criteria. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Please contact Newrez for additional details.
***Lock & Shop Program is for borrowers with a PowerBuyer Certification**. The lock will be honored for 75 days total. Consumers must initiate a mortgage loan application for a specific property and be under purchase contract for the property at least 45 days prior to lock expiration to extend the locked rate. All rate lock extensions are subject to Newrez’s standard rate lock extension fees. Not available for all loan products. Please contact Newrez for additional details.
****Newrez agrees to pay the borrower the amount of the earnest money deposit (up to $5,000) following the home loan closing, if the loan does not close on or before the contract closing date due to a delay caused by Newrez. Void if there are any material changes to income or assets. Offer requires 30 business days from Newrez’s receipt of purchase contract to closing date. Other requirements include: minimum 700 credit score, owner occupied purchase transaction. LTV and property type restrictions may apply. Available only through the Newrez Direct to Consumer Channel. Payment may be subject to reporting for tax purposes. Please contact Newrez for additional details.
By refinancing the existing loan, the total finance charges may be higher over the life of the loan. We may transfer your escrow account balance from your current loan to your new loan. If your current escrow amount is insufficient due to changes in taxes or insurance, we may require additional money when you close on your new loan.
This is not a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting, and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply.
© 2023 Newrez LLC, 1100 Virginia Dr., Ste. 125, Fort Washington, PA 19034. 1-888-673-5521. NMLS #3013 (www.nmlsconsumeraccess.org). Doing business as Newrez Mortgage LLC in the state of Texas. Website pending approval with the New York Department of Financial Services. Alaska Mortgage Lender License #AK3013. Arizona Mortgage Banker License #919777. Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Finance Lenders Law license. Massachusetts Lender #ML-3013. Licensed by the N.J. Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at www.newrez.com.
