NewRez Training Calendar

Newrez announces the launch of the Yosemite Jumbo AUS product for Correspondents seeking larger loan amounts. This new product offers an ideal solution for borrowers who require greater flexibility and higher loan limits, all while adhering to Agency AUS guidelines.

This overview will provide the basics of FHA loans to our clients. Discussion will center on: Specifics of FHA; FHA Guidelines; FHA Case Number; CAIVRS; Exclusionary Lists; Statutory Loan Limits and Specifics of Transaction Types

This session will provide an overview of FHA Streamline loans. Discussion will center on: Streamline specifics; Guidelines and Transaction Types

This webinar will define the details of a credit report and how the credit score is derived. The goal is to provide a solid foundation to understanding credit reports and scores. We will review the basic facts of credit reports, components of a credit score and what is and is not included in the credit report and credit score. This session is part two of our Mortgage Fundamentals series.

This session will provide an overview of condo and co-op project types as well as how to submit projects to NewRez for warranty.

Empowering Medical Professionals with the ability to make Smart, Strategic Home Financing choices Our Medical Professional program is for Delegated and Non-Delegated Correspondents. The Medical Professional program is designed to make homeownership more accessible for doctors and other medical professionals. It does this by offering flexible underwriting that considers student loan obligations, employment contracts, and early career income potential, this program supports borrowers whose financial profiles may not fit traditional guidelines. The program offers fixed and adjustable-rate options and provides financing up to 100% with no mortgage insurance (MI) requirement.

Freddie Mac GreenCHOICE program for Delegated and Non-Delegated Correspondents. GreenCHOICE Mortgage helps homeowners upgrade their property with energy-efficient improvements while potentially reducing monthly utility expenses.

This Webinar will cover assets and how they relate to a mortgage transaction. The goal is to provide a solid understanding of assets, defining and valuing those assets, how they are documented and which assets are acceptable. This sessions is the third in our Mortgage Fundamentals series.

This session is designed to show our new web portal for all users. See the redesign in action and learn where the items you most commonly access in the legacy portal are located.

This session will provide a general overview of Fannie Mae's Collateral Underwriter as well as some examples of findings to review.

This session will provide an overview of Newrez's Closed End Seconds Guidelines and the processes. This is for DELEGATED and NON-DELEGATED Correspondents.

The SmartEdge product is meant for borrowers that have strong credit and are looking for flexible financing options INCLUDING those looking for Non-warrantable Condos and Condotel options. We have an Asset Qualifier which features NO DTI calculations Those borrowers may have had some credit issue in the past. This includes credit issues such as: Bankruptcy, Foreclosure, Short sale

A review of USDA programs for Delegated and Non-Delegated Correspondents

This session is designed to show our new web portal for all users. See the redesign in action and learn where the items you most commonly access in the legacy portal are located.

An Overview of NewRez's Final Doc policies and DocGenius usage.

An interactive session designed to assist in the calculation of some of the more common forms of income. This sessions is the fourth in our Mortgage Fundamentals series.

The SmartSelf product is designed for a strong credit quality, self-employed borrower. It allows for the use of bank statements instead of tax returns in order to qualify the borrower(s). The statements must show proof that the borrower’s income is: Stable, Sufficient to repay the borrower’s debts and Likely to continue In addition look at our other option: 1099 Documentation 1 year of Self Employment and P&L Documentation option

This session will provide an overview of Newrez's Closed End Seconds Guidelines and the processes. This is for DELEGATED and NON-DELEGATED Correspondents.

This session is designed to show our new web portal for all users. See the redesign in action and learn where the items you most commonly access in the legacy portal are located.

The SmartVest product is for borrowers who are considered experienced real estate investors. They are looking to to purchase or refinance an investment property that is owned strictly as an investment. The borrower is going to be qualified based upon the cash flow of the subject property.

Empowering Medical Professionals with the ability to make Smart, Strategic Home Financing choices Our Medical Professional program is for Delegated and Non-Delegated Correspondents. The Medical Professional program is designed to make homeownership more accessible for doctors and other medical professionals. It does this by offering flexible underwriting that considers student loan obligations, employment contracts, and early career income potential, this program supports borrowers whose financial profiles may not fit traditional guidelines. The program offers fixed and adjustable-rate options and provides financing up to 100% with no mortgage insurance (MI) requirement.

This session is designed to show our new web portal for all users. See the redesign in action and learn where the items you most commonly access in the legacy portal are located.

This overview will provide the basics of VA loans to our clients. Discussion will center on: Specifics of VA; VA Guidelines and Specifics of Transaction Types

This session will provide an overview of VA IRRRL transactions. Discussion will center on: IRRRL specifics; Guidelines; Transaction Types; Product Features; Product Enhancements; Documentation Options and Questions

This session will cover the steps that necessary to process a loan. Understanding the loan application; Overview of automated underwriting options; Reviewing the credit report and Verifying income and assets This session is the fifth in our Mortgage Fundamentals series.