Newrez Wholesale

What Newrez Wholesale does

Newrez Wholesale, the wholesale division of Newrez LLC (NMLS #3013), is a nationwide U.S. mortgage lender that originates agency and government loans exclusively through approved mortgage brokers and community bank partners. Headquartered in Fort Washington, Pennsylvania and operating with between 1,001 and 5,000 employees, the company issues FHA, USDA, VA and conforming/jumbo products alongside a broad Non-QM Smart Series covering self-employed (SmartSelf), flexible full-doc (SmartEdge), DSCR investor (SmartVest), asset-only (Asset Qualifier) and Foreign National borrowers. The core technology is Blueprint, a web-based loan origination portal used by brokers for loan submission, pipeline monitoring and 1003 management with extended-hours lock-desk support and OneSpan-powered eSign.

The company monetizes loans on a transaction-fee basis, with stated per-loan fees of $999 on conventional, government and jumbo tiers, $1,250 on Smart Series Non-QM, $495 on FHA/USDA streamline refinances and $0 on VA IRRRL, plus lock extension fees tiered from 1.5 bps per day. Revenue mechanics combine origination fee income with the spread earned between origination economics and the sale or retention of servicing rights, supported by direct seller/servicer relationships with Fannie Mae, Freddie Mac and Ginnie Mae. Recent product and ecosystem moves include Express CES for second-lien processing, Newrez TitlePass (a title insurance waiver delivered through wholly-owned title affiliate Avenue 365), crypto-eligible Non-QM underwriting, a Medical Professional Home Loan product and the RezClub premium broker tier. The platform integrates e-signature, credit-bureau and AVM services but discloses no proprietary AI/ML layer.

Name

Newrez Wholesale

Legal name

Newrez LLC

Website

https://newrezwholesale.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Newrez Wholesale is a nationwide U.S. wholesale mortgage lender (NMLS #3013) that originates agency, government and Non-QM loans exclusively through approved mortgage brokers and community banks via its Blueprint broker platform.

Ownership category

akta.pro rank

Product category

Wholesale Mortgage Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD)

akta.pro secondary industries

Government Wholesale Lending (FHA/VA/USDA) (FSALACAE), Cash-Out Refinance Origination (FSALAAAF), Rate-and-Term Refinance Origination (FSALAAAE)

Keywords

• Wholesale mortgage lending
• Mortgage broker services
• Non-QM loans
• Government home loans
• Loan origination platform

Headquarters

HQ city

Fort Washington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Loan Origination and Servicing: Newrez Wholesale generates revenue through mortgage loan origination fees and the spread between origination and servicing rights. As a direct seller/servicer to Fannie Mae, Freddie Mac, and Ginnie Mae, the company originates loans and earns origination income while retaining or selling servicing rights.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Newrez Wholesale originates and funds agency, government (FHA, USDA, VA), and Non-QM mortgage loans exclusively through approved mortgage brokers and community banks nationwide. It serves as a direct seller/servicer to Fannie Mae, Freddie Mac, and Ginnie Mae, offering expanded product guidelines, specialized Non-QM capabilities, and a Blueprint broker portal for loan submission, pipeline monitoring, and 1003 management. Supporting services include Express CES for second-lien financing, Newrez TitlePass for refinance title insurance waivers, and the Medical Professional Home Loan.

Product overview

Newrez Wholesale is a nationwide wholesale mortgage lender offering a comprehensive portfolio of agency and government mortgage solutions alongside non-agency Non-QM products. The core platform is Blueprint for loan origination and pipeline management, supported by specialized product lines including Government Loans (FHA, USDA, VA), the Non-QM Smart Series (SmartSelf, SmartEdge, SmartVest, Asset Qualifier, Foreign National), Express CES for second-lien financing, Newrez TitlePass for title insurance waivers, and the Medical Professional Home Loan for healthcare workers. The RezClub program provides premium partner benefits to high-performing brokers.

Differentiator

Problem solved

Functional benefit

Brands

• Newrez TitlePass: A service that enables eligible refinance borrowers to eliminate the requirement for traditional lender title insurance, offered exclusively through Avenue 365.
• Express CES
• Smart Series Non-QM Loans
• RezClub
• Blueprint

Products and services

• Blueprint Broker Portal Web-based loan origination platform providing brokers with 24/7 access for loan submission, real-time pipeline monitoring, simplified 1003 management, fee templates, self-employed income resources, and electronic signature capabilities integrated with OneSpan.
• Government Loans (FHA, USDA, VA) Government-backed agency mortgage programs: FHA loans allow purchases and refinances for borrowers with 580+ credit scores on 1–4 unit properties including condos and manufactured housing, plus FHA Streamline refinances; USDA Guaranteed Rural Housing offers 100% LTV for low-to-moderate income families in eligible rural and suburban areas; VA loans for U.S. servicemembers, veterans, and eligible spouses with 580+ credit, 100% LTV, loan amounts up to $2.5M, and IRRRL up to 105% LTV/125% CLTV.
• Non-QM Smart Series Suite of Non-Qualified Mortgage products including SmartSelf (12-month bank statement/1099 program for self-employed professionals), SmartEdge (full-doc conventional product with overlays flexibility, up to 90% LTV, $3.5M, 640+ FICO, DTI to 50%), SmartVest (DSCR investor program with 1.0 DSCR for purchase/RT and 1.15 for cash-out, up to $2M, unlimited properties, LLC vesting allowed), Asset Qualifier (assets-only approval for high-net-worth clients with 80% LTV up to $2M, 700+ FICO, $500K post-close personal assets required), and Foreign National loans (US financing for international buyers with DSCR-based qualification, up to 70% LTV, no U.S. credit required, foreign assets permitted). In February 2026, cryptocurrency assets (Bitcoin, Ethereum, SEC-approved spot ETFs, stablecoins) became eligible for income qualification, down payment verification, closing costs, and reserves without liquidation on select Non-QM products.
• Express CES Digitally streamlined Closed End Second (fixed-rate second-lien) financing process in which Newrez Wholesale manages processing, underwriting, and closing end to end, featuring no-cost soft credit pull, no-cost AVM, loan amounts up to $500,000, and investment property support up to 10 financed properties.
• Newrez TitlePass Service enabling eligible refinance borrowers to waive the traditional lender title insurance requirement by delivering closing through Avenue 365 title provider affiliate (Avenue 365 Lender Services LLC), with approximately 70% of eligible refinance loans receiving the waiver and average borrower savings of nearly $1,000 (up to $2,200 in select states).
• Medical Professional Home Loan Specialized mortgage program for medical professionals including MDs, DOs, DDS, DMD, PharmD, DVM, and CRNAs, using projected income qualification to offer up to 100% financing, no traditional PMI, and loan amounts up to $2 million for primary residences.
• RezClub Premium Partner Program Premium broker partner tier offering 30-month non-solicitation loan protections, priority turn times, exclusive pricing, broker identification in servicing communications, and one EPO (extension) waiver per quarter.

Quantifiable outcome

• Over $16 billion in tappable equity available in Newrez Wholesale portfolio (2025)
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• Avenue 365coreTechnology or Integration · 9 March 2026Avenue 365 is a title provider affiliate of Newrez that powers the Newrez TitlePass service. This integration enables eligible refinance borrowers to waive traditional lender title insurance, providing cost savings and streamlined processing. Avenue 365 operates under Avenue365 brand in CA, CO, FL, GA, IL, IN, KY, MD, MI, MN, NJ, OH, PA, TN, and VA, and as Avenue Title Agency in AZ, NV and TX.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• United Wholesale Mortgage (UWM): Largest wholesale mortgage lender in the US and the dominant competitor in the same channel Newrez operates in. Competes head-to-head for the same broker relationships with similar agency, government, and jumbo product offerings.
• Rocket Pro TPO: Wholesale division of Rocket Companies (NYSE: RKT), one of the largest US wholesale lenders. Directly competes with Newrez for broker partnerships with overlapping agency and government product portfolios.
• Homepoint: Wholesale mortgage lender serving brokers nationwide with agency and Non-QM products. Comparable scale and channel focus to Newrez Wholesale.
• Caliber Home Loans: National mortgage lender with wholesale, retail, and correspondent channels. Wholesale division directly competes with Newrez for broker business with comparable product breadth.
• loanDepot Wholesale: Wholesale lending arm of loanDepot (NYSE: LDI), offering agency, government, and Non-QM products to mortgage brokers. Direct channel competitor with comparable nationwide reach.
• PRMG (Paramount Residential Mortgage Group): National mortgage lender with a substantial wholesale channel serving independent brokers. Competes directly in agency, government, and Non-QM space with similar scale.
• Plaza Home Mortgage: Wholesale-focused mortgage lender with comparable product breadth including conventional, government, and Non-QM offerings. Directly comparable channel and business model.

Emerging players

• Angel Oak Mortgage Solutions: Non-QM focused wholesale lender serving mortgage brokers. Overlaps with Newrez's Smart Series, particularly for self-employed, investor, and non-traditional income borrowers.
• Deephaven Mortgage: Non-QM specialist lender operating in wholesale and direct channels. Closely comparable to Newrez's SmartVest DSCR and SmartSelf bank statement programs.
• Kind Lending: Newer wholesale mortgage lender with agency, government, and Non-QM products targeting mortgage brokers. Emerging competitor in the same channel Newrez serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/newrezwholesale
• LinkedInlinkedin.com/company/newrezwholesale

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newrez Wholesale