NMLS# 1231327

Newfi

Lender Summary

Newfi bridges the worlds of technology and lending to create a better home loan experience for you; greater transparency, better rates, and personal support from your dedicated Newfi team. We will show you the right way to finance a home.

What they're saying

Ratings & Reviews
124 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Excellent
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

  • 5 Star
    (116)
  • 4 Star
    (4)
  • 3 Star
    (0)
  • 2 Star
    (0)
  • 1 Star
    (4)
Showing 1 star reviews | Show all reviews

Worst Ever Experience! Do not use this company!

Absolute worst experience with a lender! They strung me along for months and canceled my rate lock without talking to me. Criminal in my opinion!

  • Loan Type:

    Refinance
  • Review Type:

    Lender Review

the worst mortgage sales people

horrible.. dont return calls. lies... just sales people trying to make comission.. Ive gottten 10 mortgagaes in my life and these guys are the biggest liars

  • Loan Type:

    Refinance
  • Review Type:

    Lender Review

Newfi Does Not Have Time to Process Your Loan

I submitted my application June 24 for a no cash out refi of my current home loan . All documents requested were provided promptly and the appraisal was in by July 8. I have perfect credit, a 40% loan to value and enough cash on hand to pay off my existing loan.

Initially I was very impressed with the online processing of my application. As I uploaded documents the system showed my progress. Once I had everything in, everything ground to a halt.

As of 8/8/16 I still do not have loan docs and the agent handling my account has stopped returning my calls. His most recent communication was their loan demand is very high. I had been promised we would close in July. I stopped my automatic payments to my current lender. I sent a check today that may or may not be received in time. If I pay a late payment it will be the first in my life. I am 67 and have had dozens of loans.

  • LendingTree Customer:

    Yes
  • Loan Type:

    Refinance
  • Review Type:

    Lender Review

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LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

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