Buy a Home
Your dream home is out there, get started with Newrez.
Our loan officers will guide you through our personalized mortgage options and quick pre-approval1 process so you're ready to make the move.
Purchase Your Home With Exclusive Benefits
Save Big
Our exclusive Newrez Home Rewards, powered by Newzip®, helps consumers save an average of $5,3542 when buying and selling with an in-network agent3.
Easy Pre-approval
Fast pre-approval1 in as little as 24 hours4 gives you a clear budget and the leverage to stand out in a competitive market.
Expert Guidance
From application to closing, our experienced loan officers are here to help you move into your new home seamlessly and on schedule.
Newrez Home Rewards3
Tailored to buyers and sellers, this program gives you access to expert local advice, real estate matching, a licensed home advisor, and a moving concierge. It's the ultimate way to save money and get paired with a team!
Be Ready When the Right Home Finds You
We understand that you're chasing something big, so our dedicated team will walk you through every step of the process. From understanding your mortgage options, setting a budget, and clarifying how an affordable monthly payment translates to purchasing power, we're here for you.
Take the first step towards your next chapter today! Connect with a member of our team or complete our fast pre-approval process.
Explore Your Loan Options
Calculate the Possibilities
Mortgage Payment Estimator
Estimate your monthly mortgage payment based on loan amount, interest rate, and other important factors.
Loan Amount Estimator
Enter your preferred monthly payment, down payment, and more to determine how much you could qualify for.
Rent vs. Buy Comparison
View the financial benefits of buying versus renting based on your current rent and desired home loan.
The Newrez Loan Process
Call 888-673-5521 to speak with one of our mortgage consultants to find a mortgage option that works for you.
Explore Your Options
Talk with one of our expert loan advisors to see which mortgage loan is right for you.
Crunch the Numbers
Use our mortgage calculators to estimate buying costs and how much you can afford.
Submit an Application
Review your finances, gather required documents, and complete your online application.
Complete Your Purchase
Upon loan closing, receive the keys to your new home and enjoy the benefits of homeownership.
Frequently Asked Questions
There are a variety of home mortgage loan options available depending on your income, goals, and requirements. To explore the different types, terms, and structures, read this article.
With our Newrez Home Rewards program, you can receive a closing cost credit equal to 0.5% of the home sales price when buying as well as, a potential 1% real estate agent commission reduction when selling with a Newzip affiliated real estate agent3. The program also gives you access to expert advice, a moving concierge, and local real estate agent matching. To sign up and see what you could save, click here.
Typically, conventional mortgages have a down payment that is 20% of the home's purchase price. The amount may depend on the loan type, home price, and the buyer's credit score. There are down payment assistance options available for eligible borrowers.
Credit score requirements will vary by lender and mortgage option. To see what you may qualify for, use our calculator or contact a loan officer.
The loan amount will vary based on your finances, current interest rates, and other factors. To see what you might be able to afford, use this calculator.
In addition to a government-issued ID, applicants will need to verify their employment and financial information. This includes pay stubs, tax forms, and bank statements.
Mortgage pre-qualification is when a lender provides a quick analysis of how much loan you may qualify for. Pre-approval is an in-depth look into your finances and represents a conditional loan approval by a lender. Typically, a pre-qualification includes a soft credit pull that does not impact your score and a pre-approval will take a hard credit pull that will impact your credit score. For more information on how they impact your home purchase, read this article.
PMI is an insurance policy that you pay for that protects your mortgage lender from financial loss if you stop making mortgage payments. PMI may be a requirement for your mortgage depending on your credit score, down payment, and other factors. To learn more and see if you could be exempt from these payments, check out this article.
Escrow is a legal agreement where someone holds a financial asset of yours until certain conditions are met, then the asset it released. Most mortgage loans have an associated escrow account. To learn more about how escrow works and the different types, view this article.
Important Disclosures and Licensing Information
Newzip® is a registered trademark of Realeaux Inc. and is not affiliated with Newrez LLC.
1A pre-approval does not signify that all underwriting requirements have been met. Actual terms, including interest rate, are subject to change without prior notice and may vary based on eligibility criteria. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Please contact Newrez for additional details.
2Average customer savings represents the sum of average cash rewards delivered at closing to Newrez borrowers, as of 09/03/2025, since the program inception for both home purchase and home sale transactions.
3Realeaux Inc. (dba Newzip) is a licensed real estate brokerage in Massachusetts, License 423451. Customers can receive a real estate closing cost credit paid by Newzip equal to 0.5% of the home sales price when buying a home. Offer not available in AL, AK, IA, KS, LA, MS, MO, OK, OR, or TN. Only eligible for loans closing with Newrez. Customers can receive a 1% real estate agent commission reduction when selling with a Newzip affiliated real estate agent.
4Processing and closing times vary depending on the nature and complexity of the transaction.