NewRez LLC (NewRez), formerly New Penn Financial, LLC, is a leading nationwide lender that focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 49 states, NewRez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Wholesale, Correspondent Lending, Direct-to-Consumer, Retail, and a network of Joint Venture partners. NewRez is a Shellpoint Partners company and a member of the New Residential Investment Corp., family.
Very Straight Forward
I am impressed with the services of Newrez as they are very straight forward in their services. They do not keep the customer to wait for an update. I have taken a home loan from them and my process was excellent. The rate of interest and processing charges are normal. Applied for a loan and I got the status of my application on that same day. Thank You Newrez !
NewRez mortgage co. Through “Loan Care”
Morning! Do not use this loan company. They are affiliated with an insurance company and they charge you for home insurance flood insurance even though you’re paying it. I sent multiple proofs of payment and they will not reimburse me. In addition they continue to charge me for insurance homeowners insurance that I don’t need. It’s a condo and only $30 a month but that adds up. They also take way too much out for escrow. They are taking $80 a month for flood insurance even though I prove that it’s paid for through my HOA. So what they’re in essence doing is just stealing my money making interest on it and maybe reimburse me for that at the end of the year. But it’s $30 a month I doubt if I get that back. I’ve used many mortgage companies in my old lifetime I’ve never had this horrible experience.
Closed with Lender:
This was my first time refinancing and I compared multiple different companies. Newrez was able to secure the best rate at the best price. they made the entire process extremely easy. Will happily recommend Newrez to anybody looking to refinance their mortgage.
Loan officer directory
Leonid LissFort Washington, PA
David SharpChesterfield, MO
James EagleFort Washington, PA
Thomas HoldenFort Washington, PA
Daniel PlunkettFort Washington, PA
Lane AbramowitzFort Washington, PA
Adam FaberFort Washington, PA
Matthew MooreFort Washington, PA
Michael BrelandCharlotte, NC
Ilya BolotinFort Washington, PA
Justin HarwellJacksonville, FL
Jonathan WebbFort Washington, PA