Partner Program
Elevate Your Brand and Enhance Your Borrower's Experience
100% free white label LOS software
Earn origination fee and yield spread for the life of the loan
Provide borrowers with instant online approval and term sheet
Gain access to reliable capital
Maintain relationship with your clients
Correspondent Partner Requirements
New Silver's correspondent program is tailor made for lenders who have expertise in underwriting and servicing loans, as well as some track recording in lending. New Silver provides complimentary software to make your origination easier, and you will be responsible for marketing, underwriting, asset management, as well as servicing and collections. Correspondents earn an origination and a portion of the monthly interest.
How it works
Apply
Submit the application form and meet online with us to review your application requirement
Set up your lending hub
Once approved, you will be provided with a link to set up your white label domain and customize your new lending hub
Send borrowers to your application
Send borrowers your new custom domain, and allow them to apply for fix & flip and ground-up construction loans in minutes while receiving instant online approval and term sheet
Manage all your borrowers in one place
Easily manage all your borrowers and loans in one dedicated dashboard, where you can upload docs, manage draw requests, order appraisals, monitor loan status and much more
What if I don’t meet the criteria to join?
New Silver Affiliate Program - earn commission by sending us traffic from your website, blog or social media or just email.
Loan Products
Fix & Flip
Purchase and rehab loans for residential fix and flip
Get up to $5,000,000
Interest rate 10 - 12.75%
Origination from 1.375%
Up to 100% construction
Appraisal cost refunded on brokered deals
up to 2% Broker or 50bps Referral Fee
Ground Up
Construction loans for residential builders
Get up to $5,000,000
Interest rate 10 - 13.25%
Origination from 1.375%
Up to up to 24 months
Appraisal cost refunded on brokered deals
up to 2% Broker or 50bps Referral Fee
Frequently Asked Questions
If you are a lender and have the ability to service loans and work with borrowers through the life of the loan, this (Correspondent) relationship is likely the right one for you. If you are a broker, a brand or you run a website and can send us relevant traffic and get paid for leads and closed loans, the Affiliate partnership is likely the best fit.
No. We only finance business purpose loans for non-owner occupied residential properties.
Yes.
Read more here.
No, we do not finance manufactured or modular property.
No. Read more here.
Yes, please start out by clicking one of the Apply buttons, and we will reach out via email with the next steps.
No, all of our products require New Silver to be in the first lien position, and no secondary financing is allowed.
As a correspondent partner, you will work with your borrower to gather the required documentation and submit to underwriting.
Additional Benefits For Borrowers
Fast
Closing
New Silver offers industry leading loan turnaround times. Our closing speed is second to none.
Instant
Term Sheet
Your term sheet is generated instantly during the online application process.
Excellent
Rates
Our interest only fix-and-flip loans offer competitive interest rates, ranging from 10 to 12.75%.
Repeat
Client Discounts
Get steep discounts on origination fees and interest rates for continuing to work with us.
Quick
Application
The 100% online application is short and simple. It can be completed in 5 minutes or less.
Interest Rate
Lock
Once the term sheet is signed, the interest rate is locked in for the duration of the loan.
Quick
Feedback
Our customer care team and loan advisors provide quick feedback to all messages.
Minimal
Paperwork
Our streamlined loan app requires minimal paperwork to complete. It’s quick, easy and 100% online.