Newrez
Share
Newrez is proud to serve over 4 million homeowners and counting.
© 2026 Newrez LLC, 1100 Virginia Dr., Suite 125, Fort Washington, PA 19034. 1-888-673-5521. Newrez has been providing mortgage services to our customers since 2008, and we’re proud to support 4.6 million homeowners and counting. Our unique blend of personalized expertise, innovative products, and financial fortitude sets us apart fr
Most people assume you need years of service before VA loan eligibility kicks in.
Not always.
During active wartime, eligibility can start at just 90 consecutive days of service. And as Michelle Leesmann, Director of VA Education and Policy at Newrez points out, once a servicemember reaches their second duty station, homeownership is worth a serious look.
The numbers stack up when you consider no down payment requirement, no mortgage insurance, and potential state-level benefits like reduced or waived property taxes for disabled Veterans. It can be a great path into homeownership.
For brokers, it's a reminder not to overlook early-career servicemembers. They could be ready sooner than you think.
Subscribe to our YouTube channel 🔗 📺 https://bit.ly/47d4ATh
Check out more about Broker Buzz here 🔗 https://bit.ly/3WLwW29
05/28/2026
Newrez is expanding our partnership with top-ranked digital insurance marketplace Matic, bringing real-time homeowners insurance comparison directly into HomeHub, our all-in-one customer portal.
With this integration, Newrez homeowners can instantly review personalized coverage options, better understand their insurance risk profile, and explore potential savings through Matic’s network of 70+ carriers.
Homeowners insurance premiums have risen 64% nationally since 2021, making it more important than ever to evaluate coverage options. Last year, Newrez homeowners who switched carriers through Matic saved over $900 on average, and now those savings opportunities are available in real-time directly within HomeHub, a Newrez customer destination portal with loan information, refinance and equity opportunities, national home listings, and digital and human chat support—all in one place.
Learn more about this partnership here: https://bit.ly/4dBow6D
When people hear "refinance," they think it means the full process - compete underwriting, new appraisal, and months of documentation.
The IRRRL is different.
As Michelle Leesmann, Director of VA Education and Policy at Newrez, explains, the Interest Rate Reduction Refinance Loan lets eligible VA borrowers move into a lower rate through a different process. No new appraisal. No full underwrite. Non-credit qualifying.
It's a VA-to-VA refinance only, so the borrower needs an existing VA loan. As long as a borrower meets program requirements and has a history of timely payments, the streamlined process does most of the heavy lifting, potentially at lower cost and in less time.
For brokers, it's a straightforward conversation to have with any VA client sitting on a rate that no longer reflects the market.
Most brokers know VA loans work for single-family homes. Fewer know how far the eligibility stretches.
As Michelle Leesmann, Director of VA Education and Policy at Newrez, explains, VA financing covers condos, manufactured housing, and even one-to-four unit properties, as long as the borrower occupies one of the units as their primary residence.
With a PCS scenario, a home previously purchased with VA financing can be turned into an investment property, with another VA loan used to purchase a new primary residence at the next duty station.
For brokers working with Military clients, understanding these scenarios isn't just useful. It's the difference between a client who uses their benefit once and one who uses it to build lasting wealth.
Subscribe to our YouTube channel 🔗 📺 https://bit.ly/47d4ATh
Check out more about Broker Buzz here 🔗 https://bit.ly/3WLwW29
Click here to claim your Sponsored Listing.
Category
Website
Address
1100 Virginia Drive , Suite 125
Fort Washington, PA
19034
Opening Hours
| Monday | 8am - 9pm |
| Tuesday | 8am - 9pm |
| Wednesday | 8am - 9pm |
| Thursday | 8am - 9pm |
| Friday | 8am - 9pm |
| Saturday | 10am - 2pm |
