Image: Couple sitting together in the bed of their moving truck, smiling as they take a break from moving boxes
Editorial Note: Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse our editorial content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.
Advertiser Disclosure
Offers that appear on this site are from third-party advertisers from which Credit Karma typically receives compensation. Except for mortgage loan offers, this compensation is one of several factors that may impact how and where offers appear on Credit Karma (including, for example, the order in which they appear).
Other factors may include: your credit profile and what products we think you want. It is this compensation that enables Credit Karma to provide you with services like free access to your credit scores and free monitoring of your credit and financial accounts. Credit Karma strives to provide a wide array of offers for our members, but our offers do not represent all financial services, companies or products.
Newrez bills itself as one of the “largest non-bank mortgage originators” in the country. Formerly known as Penn Financial, the company was acquired by New Residential Investment Corporation in July 2018 and rebranded as Newrez LLC.
3 things to know about a Newrez mortgage loan
Though Newrez has a section on its website discussing mortgage rate topics, the lender doesn’t give specifics on current interest rates for its mortgages or other terms. Instead, the page offers general info about factors that can affect your mortgage rate, such as your credit scores or debt-to-income ratio.
To get detailed information about rates, loan amounts and available loan options, you must speak with a loan officer. That might be frustrating if you want an idea of Newrez’s possible options before engaging with the lender.
About the author: Kat Tretina is a personal finance writer with a master’s degree in communication studies from West Chester University of Pennsylvania. Obsessed with her many side hustles, she focuses on helping people pay down their … Read more.
