I am so happy I chose NewDay. As many American's, I went through a very stressful financial situation back in 2009. I don't have great credit; Fair is a more accurate description. I had an existing home loan with can interest rate that continued to grow year after year. I was turned down by other lenders for a Refi, but NewDay approved me. I closed my loan in just over 30-days (application to closing). I paid down my debt, got cash out for some home improvements and have an interest rate less than I was paying and a monthly mortgage that is less than I was previously paying. Yes I have to start the 30-year loan over; I had been making payments on my previous loan for 10-years. However, I have less debt now and a monthly payment that is more manageable. NewDay saved us a great deal of money. Closing costs were $20k, but a small price in my eyes for the freedom we now enjoy. Thank you very much NewDay.
Bottom Line: Yes, I would recommend this to a friend
12 people found it helpful
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