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Many homebuyers experience a lack of options when their financing falls outside conventional loan limits imposed by Fannie Mae and Freddie Mac.

For a long time, Jumbo loans have typically required much higher credit scores, large equity positions, additional fees, multiple appraisal inspections, extended closing timelines and more cash reserves in the bank.

Newfi has a better way.

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Newfi is creates loan programs that are more in line with reality, and opened up this strict credit box for our Jumbo clients. Our Jumbo program is great for buying or refinancing a home, and offers these features:

  • Higher available loan amounts and cash out limits which allow you to pull more of the equity out of your home
  • With our flexible make-sense debt-to-income calculations, you may be able to qualify for more financing
  • Get a fast closing with Newfi’s in-house underwriting
  • Smoother credit approval – with realistic FICO and credit requirements
  • Available financing for all of your properties – primary residence, vacation home, or investment properties are welcome
  • Customized financing options to fit your needs with an array of loan terms. Newfi offers 5-year, 7-year, and 10-year Adjustable Rate Mortgages, as well as 10-year, 15-year, and 30-year fixed rate Jumbo loan terms

Find out how easy it is and get started with Newfi.

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