Newfi Lending

Mortgage Lender serving Emeryville, CA

About Newfi Lending

Newfi, operating as the consumer brand of Nexera Holdings LLC, is a multi-channel direct mortgage lender committed to innovation and service. Since its inception, Newfi has positioned itself as a transparent and efficient presence in the mortgage marketplace, offering a diverse array of home financing solutions. They are dedicated to helping borrowers navigate the complex home buying and refinancing processes with clarity and support.

The company differentiates itself by providing a comprehensive suite of loan products designed to meet varied borrower needs, including traditional options like Conventional, FHA, VA, and USDA loans, alongside specialized programs. Notably, Newfi offers unique solutions such as a 40-year interest-only mortgage and non-QM products like Bank Statement and DSCR loans for self-employed individuals and real estate investors. This broad offering allows them to serve a wide spectrum of borrowers, from first-time homebuyers seeking low down payment options to seasoned investors.

With a focus on customer satisfaction, Newfi boasts a strong reputation, evidenced by over 1,400 reviews averaging 4.88 out of 5 stars and recognition by LendingTree as a top consumer mortgage lender. Operating in 40 states, their team of Senior Loan Advisors provides personalized guidance, complementing their online tools for quotes and pre-qualification, ensuring a supportive and accessible lending experience.

Company Information

Lender Type: Direct Lender
Headquarters: Emeryville, CA

Certifications & Credentials

Fannie Mae ApprovedFreddie Mac Approved

Digital Capabilities

Online Application
Rate Calculator
Pre-Qualification Tool

Home Loan Products

40-Year Interest-Only Mortgage

Loan Types:
Interest-OnlyConventionalRefinance
Rate Types:
Interest-OnlyFixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond Home
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Available Terms:
40 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)

Conventional Fixed-Rate Mortgages

Loan Types:
ConventionalRefinance
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Special Programs:
First-Time HomebuyerLow Down Payment Program
Available Terms:
15 years30 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)
3%
Min Down Payment
97%
Max LTV

Adjustable-Rate Mortgages (ARM)

Loan Types:
Conventional
Rate Types:
Adjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)

FHA Loans

Loan Types:
FHA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Down Payment Assistance
Credit Tiers:
Fair (620-679)Poor (580-619)
3.5%
Min Down Payment

VA Loans

Loan Types:
VA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Veteran Program
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)
0
100%
Max LTV

USDA Loans

Loan Types:
USDA
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeManufactured/Mobile Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Good (680-739)Fair (620-679)
0
100%
Max LTV

Jumbo Loans

Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)

Self-Employed Home Loans

Loan Types:
Non-QMBank Statement
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary ResidenceSecond Home
Employment Types:
Self-EmployedBusiness Owner
Income Verification:
Bank Statement
Special Programs:
Self-Employed ProgramBank Statement Program
Credit Tiers:
Good (680-739)Fair (620-679)

Real Estate Investor Mortgages (DSCR)

Loan Types:
DSCR
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Investment Property
Occupancy Types:
Investment Property
Employment Types:
Investor
Income Verification:
No Income Verification
Credit Tiers:
Good (680-739)Fair (620-679)

Contact Information

2100 Powell St Suite 730
Emeryville, CA 94608
US

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Business Information

Category: Mortgage Lender
Location: Emeryville, CA
Status: Standard
Type: Direct Lender
Profile Views: 0

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