Newrez LLC closed-end second wholesale program for brokers: channel-typical FICO, LTV, loan size and doc types, every field source-linked and dated.
Newrez LLC (Fort Washington, PA) advertises Closed-End Second lending to mortgage brokers, ranked #5 by reported wholesale volume. Last checked 2026-07-26.
Loan parameters shown in search are category-level structural guidance describing how this product type is commonly written in the wholesale channel. They are not the lender's published guidelines and are not a pre-approval. Every result links to the lender's own public broker materials with the date we last checked it — confirm current terms with the lender before quoting.
Newrez LLC is headquartered in Fort Washington, PA and publishes a publishes a national broker footprint broker footprint. Its public broker materials referenced closed-end second lending when we last checked them on 2026-07-26, alongside 7 other advertised product types in this directory. Newrez LLC also has $7.20B in wholesale production reported for 2024, placing it #5 in the ranking we reference.
Fixed-rate, fully amortizing second mortgage that extracts equity without repricing the first lien. In the wholesale channel this product type is commonly written from a 660 minimum FICO up to 90% LTV, on loan amounts between $25K and $500K, with DTI capped near 50%. Accepted documentation typically includes full doc, bank statement, with primary residence, second home, investment property occupancy and single family, warrantable condo, 2-4 unit property types in scope. Those parameters describe the channel, not Newrez LLC's own matrix — pull the current guideline from the lender before you quote.
Newrez LLC's own positioning notes are: SMART Series non-QM; Multi-channel lender. Those are lender-published claims, checked 2026-07-26. What matters on a closed-end second submission is the current rate sheet, the overlay set, and the AE assigned to your shop — all three come from Newrez LLC directly, and none of them are published here.
Yes. Newrez LLC's public broker materials referenced closed-end second lending when we last checked on 2026-07-26. Broker approval and program eligibility are decided by Newrez LLC, not by this directory — start at its newrez llc broker portal and confirm current requirements.
Newrez LLC does not publish its closed-end second matrix on a public page, so this profile shows the channel-typical structure instead: a 660 minimum score and leverage up to 90% LTV, with DTI to roughly 50%. Treat that as a starting point and verify the live guideline with your account executive.
In the wholesale channel this product is generally written between $25K and $500K, using full doc, bank statement documentation on primary residence, second home, investment property occupancy. Newrez LLC may sit tighter or looser than that range on any single field.
Scotsman Guide Top Wholesale Lenders reported $7.20B for 2024 and placed Newrez LLC at #5. That figure is published by Scotsman Guide; LoanOfficer.ai reproduces it with attribution and does not calculate it.
Newrez LLC lender profile · All Closed-End Second wholesale lenders · Program search · Wholesale lender rankings