A credit report is an extensive record of your financial history and how you’ve handled the obligation to repay your loans.READ MORE
Welcome to the NewRez Blog
In our blog, NewRez loan advisors aim to demystify the home-buying process and arm you with valuable and actionable insight and advice. You won’t find any industry jargon here, but you will discover a treasure trove of mortgage-related information on everything. Stop by often to access the resources that will ensure you make the best decision regarding your unique mortgage needs.
While the 20% rule has stuck around as folklore, future homeowners can actually get approved for mortgages requiring less than 10% down. Depending on your credit, the type of home you’re buying, and your career, you might even be able to buy a home with a zero-down mortgage.READ MORE
Buying a home is likely the biggest purchase -- and one of the biggest commitments -- you will ever make. It’s important to ensure that you don’t overpay by getting the best deal possible, which is where stellar negotiations can come in real handy.READ MORE