NewRez Introduces 1% Down Mortgages
RezSource targeted to low-income borrowers and first-time homebuyers.
RezSource targeted to low-income borrowers and first-time homebuyers.
Neil Merritt joins Houston-based lender from similar role at NewRez
Program is designed to assist first-time homebuyers.
Options offer borrowers a reduced interest rate in first years of a loan.
The preliminary ratings are for mortgage-backed notes, with all loans originated by NewRez LLC or Caliber Home Loans.
Loan offers a fixed-rate and interest-only payments for the first 10 years.
Introducing… Newrez’s Smart Series loans, including SmartSelf, SmartVest, and SmartEdge.
The Smart Series offers self-employed, others the opportunity to buy homes at fair price points through expanded guidelines.
Fortune 500 veteran comes from a similar role at Mr. Cooper