Newrez Loancare: Everything You Need to Know

With the ever-changing landscape of the mortgage industry, it can be challenging to navigate through the various loan servicing companies and understand what they offer. One such company that has gained significant attention in recent years is Newrez Loancare. In this article, we will cover everything you need to know about Newrez Loancare, from its origins to its services and customer reviews.

Origins of Newrez Loancare

Newrez Loancare is a loan servicing company that was formed as a joint venture between New Residential Investment Corp. and Shellpoint Partners LLC. The company was established in 2008 and has since then grown to become one of the leading loan servicing companies in the United States. Newrez Loancare focuses on providing a wide range of loan services, including mortgage servicing, loss mitigation, and customer support.

Services Offered by Newrez Loancare

Newrez Loancare offers a variety of services for both homeowners and investors. Some of the key services provided by the company include loan servicing, loss mitigation, customer support, and investor reporting. The company prides itself on its commitment to providing exceptional service and support to its customers, ensuring that their mortgage needs are met efficiently and effectively.

Newrez Loancare also offers a variety of loan products, including conventional loans, FHA loans, VA loans, and USDA loans. The company works with borrowers to find the best loan program that fits their unique financial situation and goals. Whether you are a first-time homebuyer or an experienced investor, Newrez Loancare has the expertise and resources to help you secure the right loan for your needs.

Customer Reviews of Newrez Loancare

As with any loan servicing company, customer reviews are an important factor to consider when evaluating the quality of service provided. Newrez Loancare has received mixed reviews from customers, with some praising the company for its responsive customer support and efficient loan servicing processes, while others have expressed frustration with the handling of their accounts and lack of communication.

Overall, Newrez Loancare has a solid reputation in the industry and continues to receive positive feedback from many of its customers. The company’s commitment to providing personalized service and support sets it apart from other loan servicing companies and has helped it build a loyal customer base over the years.

FAQs About Newrez Loancare

Q: What types of loans does Newrez Loancare offer?
A: Newrez Loancare offers a variety of loan products, including conventional loans, FHA loans, VA loans, and USDA loans.

Q: How can I contact Newrez Loancare customer support?
A: Customers can contact Newrez Loancare customer support by phone, email, or through the company’s online portal.

Q: What is the process for applying for a loan with Newrez Loancare?
A: To apply for a loan with Newrez Loancare, customers can contact a loan officer or complete an online application on the company’s website.

Q: Does Newrez Loancare offer loan modification services?
A: Yes, Newrez Loancare offers loan modification services for customers who are facing financial hardship and need assistance with their mortgage payments.

In conclusion, Newrez Loancare is a reputable loan servicing company that offers a variety of services for homeowners and investors. The company’s commitment to providing exceptional service and support sets it apart from other loan servicing companies in the industry. If you are in the market for a new loan or are looking to refinance your existing mortgage, consider working with Newrez Loancare for a personalized and efficient experience.