{"id":518035,"date":"2021-07-27T08:03:35","date_gmt":"2021-07-27T12:03:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\/"},"modified":"2021-07-27T08:03:35","modified_gmt":"2021-07-27T12:03:35","slug":"newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\/","title":{"rendered":"Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites<\/b><\/p>\n<p>FORT WASHINGTON, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNewrez LLC (\u201cNewrez\u201d, the \u201cCompany\u201d), a national mortgage lending and servicing organization, continues to enhance its Dream Big and non-qualified mortgage (\u201cNon-QM\u201d) product suites with the launch of new adjustable-rate mortgage (\u201cARM\u201d) loan products.\n<\/p>\n<p>\nThe debut of ARMs marks another <i>Smart Move<\/i> by Newrez to further expand its lending solution options and product sets. Available as five, seven and ten-year ARM options, the new loan products are now offered across the Company\u2019s Direct to Consumer, Joint Venture and Wholesale lending channels as part of Newrez\u2019s Dream Big product suite. Newrez\u2019s Non-QM product suite, known as its SmartSeries, are offering ARMs across Wholesale and Joint Venture.\n<\/p>\n<p>\nIdeal for buyers who fall just outside of traditional qualifying guidelines, the SmartSeries ARM options will help certain borrowers who qualify, especially self-employed and first-time buyers, achieve homeownership in today\u2019s competitive market by offering the lowest possible mortgage rate for a specified period of time before any rate increases. For qualifying borrowers with strong credit, reserves, and disposable income, the Dream Big ARMs options will offer more flexible financing solutions.\n<\/p>\n<p>\n\u201cOur new ARMs options are going to be very beneficial to certain types of borrowers at a critical time of economic rebound,\u201d said Mike Smeltzer, Senior Vice President of Newrez Non-QM Lending. \u201cWith the potential for rises in interest rates, now is the time for these borrowers to lock in a lower rate for a set period of time.\u201d\n<\/p>\n<p>\nThe new ARM products allow originators and brokers to increase their volume in today\u2019s competitive market by offering differentiated solutions and products to qualify more borrowers and close more loans.\n<\/p>\n<p>\n\u201cCreating this product for our borrowers is a win across the board for everyone \u2013 more lending solutions, more qualified borrowers, more loans closed,\u201d said Jeff Gravelle, Chief Production Officer at Newrez. \u201cOur SmartSeries and Dream Big products are designed to fit specific borrower needs. With expanded guidelines and more options, we are now able to help more borrowers who sit outside the conventional financial requirements turn their dreams into reality.\u201d\n<\/p>\n<p>\nFor more information on Newrez\u2019s loan offerings, visit https:\/\/www.newrez.com\/find-a-loan\/.\n<\/p>\n<p><b>About Newrez<\/b><\/p>\n<p>\nNewrez is a leading mortgage company that strategically combines mortgage origination and servicing to provide a best-in-class, customer-first journey and help our customers make smart moves throughout the lifetime of their mortgage loan. Newrez\u2019s differentiated origination platform provides options to purchase and refinance customers and operates across multiple lending channels, including Direct to Consumer, Joint Venture, Wholesale and Correspondent. Newrez\u2019s tenured and proven servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez employees support the health, vibrancy, and sustainability of our communities through the company\u2019s community investment initiations, Newrez Neighborhood Outreach Works (\u201cNOW\u201d). Founded in 2008, Newrez is headquartered in Fort Washington, Pennsylvania and is a member of the New Residential Investment Corp. family.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210727005566r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210727005566\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210727005566\/en\/<\/a><\/span><\/p>\n<p>\nMackenzie Coopman<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PublicRelations@Newrez.com\">PublicRelations@Newrez.com<br \/>\n<\/a><br \/>(O) 484-339-7973\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Other Professional Services Other Construction &amp; Property Residential Building &amp; Real Estate Finance Construction &amp; Property Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210727005566\/en\/1111690\/3\/Newrez_640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites FORT WASHINGTON, Pa.&#8211;(BUSINESS WIRE)&#8211; Newrez LLC (\u201cNewrez\u201d, the \u201cCompany\u201d), a national mortgage lending and servicing organization, continues to enhance its Dream Big and non-qualified mortgage (\u201cNon-QM\u201d) product suites with the launch of new adjustable-rate mortgage (\u201cARM\u201d) loan products. The debut of ARMs marks another Smart Move by Newrez to further expand its lending solution options and product sets. Available as five, seven and ten-year ARM options, the new loan products are now offered across the Company\u2019s Direct to Consumer, Joint Venture and Wholesale lending channels as part of Newrez\u2019s Dream Big product suite. Newrez\u2019s Non-QM product suite, known as its SmartSeries, are offering ARMs across Wholesale and Joint Venture. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-518035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites FORT WASHINGTON, Pa.&#8211;(BUSINESS WIRE)&#8211; Newrez LLC (\u201cNewrez\u201d, the \u201cCompany\u201d), a national mortgage lending and servicing organization, continues to enhance its Dream Big and non-qualified mortgage (\u201cNon-QM\u201d) product suites with the launch of new adjustable-rate mortgage (\u201cARM\u201d) loan products. The debut of ARMs marks another Smart Move by Newrez to further expand its lending solution options and product sets. Available as five, seven and ten-year ARM options, the new loan products are now offered across the Company\u2019s Direct to Consumer, Joint Venture and Wholesale lending channels as part of Newrez\u2019s Dream Big product suite. Newrez\u2019s Non-QM product suite, known as its SmartSeries, are offering ARMs across Wholesale and Joint Venture. &hellip; Continue reading &quot;Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-27T12:03:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210727005566r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites\",\"datePublished\":\"2021-07-27T12:03:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/\"},\"wordCount\":561,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210727005566r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/newrez-adds-new-arm-options-to-dream-big-non-qm-product-suites\\\/\",\"name\":\"Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites - 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