Appraisal Transfers
|
This guide contains procedures for Transferred Appraisals, as well as some frequently asked questions about this process. |
Broker Agreement
|
Here's the NewRez broker agreement. |
CEMA Approval
|
NewRez requires all loans for which a CEMA will be prepared to be closed using a NewRez CEMA approved attorney, as found on the following list. |
Closing Agent Approval
|
To obtain closing agent approval with NewRez, we will require the information contained in this document, to be provided to your assigned Account Manager. |
Credit Enhancement Policy
|
The policy sets forth (1) the score range and credit profile required to pursue credit enhancement; and (2) documentation requirements and process for credit rescoring |
Fannie Mae Guidelines
|
This link takes you to Fannie Mae's Single Family Guides. |
FHA Handbook
|
Here's the link to the Federal Housing Administration’s (FHA) Single Family Housing Policy Handbook 4000.1 (SF Handbook). |
Freddie Mac Guidelines
|
Here's the Freddie Mac Single-Family Seller/Servicer Guide for your reference. |
Lock Policy
|
Our lock policy should answer most of your questions regarding the lock process and pricing guidelines. |
Loss Payee and Insurance Info
|
This Document contains NewRez's Mortgagee Clause and Loss Payee Clause, as well as Title and Insurance Requirement Highlights. |
Net Tangible Benefit Policy & Procedure
|
All non-conforming, FHA, VA, USDA, and certain conventional
refinance loan transactions must pass our Net Tangible Benefit Test |
Trust Policy
|
Find out more about NewRez's Trust Policy and Procedures. |
USDA Handbook
|
This takes you to The Regulations and Guidelines section of the United States Department of Agriculture Rural Development website. |
VA Handbook
|
This takes you to the Web Automated Reference Material System (WARMS) page of the U.S. Department of Veterans Affairs website. |