NewCentury.com
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New Century Mortgage: Main Page
Description
New Century Mortgage Corporation is a specialty finance company that originates, purchases, sells, and services mortgage loans secured primarily by first mortgages on single-family residences. Headquartered in Irvine, California, New Century Mortgage Corporation is a wholly owned subsidiary of New Century Financial Corporation, a publicly traded real estate investment trust (NYSE: NEW). With the recent addition of prime products to its proven non-prime lending business, New Century Mortgage Corporation offers a full spectrum of loan products to suit any borrower’s needs. New Century Financial Corporation originated $56.1 billion in mortgage loans in 2005.
New Century Mortgage non-prime borrowers typically have substantial equity in the property securing the loan, but may have special circumstances that lead to difficulty in conforming with the stricter borrowing guidelines of traditional mortgage lenders. Borrowers with impaired or limited credit profiles, difficulty verifying their income through conventional methods (due to self-employment or other circumstances), or higher debt-to-income ratios are valuable customers at New Century Mortgage. We offer loan products that fit these
At New Century Mortgage Corporation, we pride ourselves on providing prompt and personalized service. We’ll get you the answers you need fast, whether you’re contacting us in person or using our FastQual automated system to pre-qualify or get official loan answers for your borrowers.
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