newfi-wholesale - Lender Search

Newfi Wholesale

2100 Powell Street, Suite 730

Emeryville, CA 94608

About Us

Newfi Wholesale was founded with a vision of setting a new standard for efficiency, simplicity and transparency in the wholesale lending market. Our passion is combining our proprietary web technology with personal touch to reshape the way our mortgage partners shop for and close a loan.

Committed to your growth and success

Newfi Wholesale is a wholesale mortgage lender founded by industry veterans and managed by a team of mortgage professionals with deep experience in the wholesale market. We are committed to providing our broker partners with a broad range of loan products, efficient technology, and an attractive price point to help them grow their business and close more loans.

What We Offer

Loan Types

Non-QM
Bank Statement
1099
Asset Depletion
Asset Utilization
CPA P&L
CPA Gross Receipts
DSCR
Prime Jumbo
Full Doc Fixed Seconds
Bank Statement Fixed Seconds

Lending Territory

Nationwide except: NY MS SD
Only offering DSCR in MA
Full doc fixed seconds not available in MN
Bank statement fixed seconds not available in TX

Closing Times

24 Days on Average

Loan Purposes

Purchase
Refinance
Cash-Out

Borrower Types

Self Employed
W-2
1099
Investors

Credit Requirements

620 Min for Non-QM
640 Min for DSCR
660 for Full Doc Seconds
680 for Bank Statement Fixed Seconds

Documentation

Full Doc
Bank Statements
1099
CPA Gross Receipts
CPA P&L, IRA Distributions
IRA Distributions
Asset Depletion
Asset Utilization
DSCR

Cltv

Up to 85% on full doc seconds
Up to 80% on Bank Statement seconds

Loan Amounts

$100K - $5M

Max Ltv

Up to 90% on Non-QM & Jumbo
Up to 80% on DSCR

Property Types

Single Family (attached and detached)
PUD Warrantable Condo
Non-Warrantable Condo - Considered on a case by case base via exception
2 - 4 Units

Loan Terms

15, 30 & 40 Yr Fixed
30 & 40 YR IO
For Seconds: 10, 15, 20, 30 YR Fixed

Occupancy

Owner Occupied
Non-Owner Occupied
2nd Home
Vacation
Investment Property

FICO Requirements

620 Min for Non-QM
640 Min for DSCR
660 for Full Doc Seconds
680 for Bank Statement Fixed Seconds

Lien Position

1st and 2nd

Who We Are

We have closed a few loans with Newfi. Having been in this industry for almost 40 years this is a lender/partner that never disappoints. This is a great partner to work with and to my fellow MLO's and company owners I can only say it is worth it to sign up and work with this lender even if you may have 10 other non-QM lenders already.

Sergio G. at GRC Lending

As a loan officer, I’ve worked with many different banks, but my experience with Newfi truly stood out. Their efficiency, clear communication, and commitment to fast turnarounds made a significant impact on my client’s homebuying process. From submission to closing, the entire transaction was seamless, with underwriters and processors staying proactive every step of the way. Closing in just 21 days is no small feat, and Newfi delivered without compromising quality or service.

Carla S.at Mortgage Solutions FCS Inc.

Every single person that touched this file was wonderful to work with. We love teaming up with Newfi because everyone takes care of this loan as if it were their own. We never feel like a number, we always receive great care.

Nikoi E. at Anchor Funding

Contact Newfi Wholesale

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