Buying a home? Let’s make it happen.
Whether you’re looking for your starter home, second home or forever home, you’ll be prepped and ready with Newrez by your side. You’ll have access to tools, resources and support that make your home buying experience as smooth and stress free as it can be.
Enjoy the perks of Newrez Home Rewards
Homeownership is its own reward. But Newrez Home Rewards makes it even more rewarding. You get matched with a dedicated team of knowledgeable professionals who have one goal in mind—find you the right home at the right price and save you money while doing it. Your satisfaction is guaranteed.
Lean on our loan experts for everything you need
Buying a home can be exciting, exhilarating, as well as trying and overwhelming. Good thing, you don’t have to go it on your own. Expert in all things mortgage, our loan officers are here to help you figure out the ins and outs of buying a home and guide you to the right decision:
- Explain your loan options clearly
- Help you get pre-approved
- Move you through the mortgage process
- Treat you like a person not an account number
- Get you into a home you can afford and feel good about buying
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.
Newrez Home Rewards program connects you to a team that streamlines the home buying process for you and delivers savings. You could receive a:
- Closing cost credit equal to 0.5% of the home sales price when buying
- 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, 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.
2Processing and closing times vary depending on the nature and complexity of the transaction.
3Average customer savings represents the sum of average cash rewards delivered at closing to Newrez borrowers, as of 06/24/2026, since the program inception for both home purchase and home sale transactions. Newzip consumers save an average of $5,530 when buying and selling with an in-network agent
4Realeaux 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.