NewDay USA Reviews

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About NewDay USA

For more than 20 years, NewDay USA has provided VA-guaranteed home loans and refinancing options to residents of 43 states. The company prioritizes relationships with veterans and their families and strives to create a positive financial experience with each customer.

Visit www.newdayusa.com
Pros
  • Flexible loan terms
  • Offers refinancing services
  • Connects veterans with mortgage experts
Cons
  • No online applications
  • Not available in all states

Helpful Reviews

Appleton, WI
Verified purchase
I had a very positive experience working with NewDay. The entire process was smooth, straightforward, and well-organized from start to finish, which made what can often feel like ...

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IL
Verified purchase
I worked with Dylan on my New Day USA VA loan. It was the smoothest, quickest home buy I have ever had! 30 days from offer to close! I am impressed and highly recommend this team!...

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What is NewDay USA?

NewDay USA focuses on two primary aspects of the mortgage process: purchasing and refinancing. It works with veterans and their families to make buying a home easy and affordable. NewDay USA offers step-by-step guides to help you understand all your lending and refinancing options.

NewDay USA refinancing

Financing your home can help you lower your mortgage payment, pay off your loan faster or eliminate the need for mortgage insurance.

The VA Streamline Loan is a popular option because it does not require income verification and does not come with appraisal costs, out of pocket costs or private mortgage insurance. With this option, many veterans and their families can save more than $1,800 a year.

The company’s refinance calculator helps estimate your principal or monthly payments. This easy-to-use feature lets you determine how much you can save by refinancing your mortgage.

NewDay USA homebuying

NewDay USA strives to help veterans become homeowners and works to find ways for veterans and their families to afford purchasing a new home.

Veterans can become cash buyer-certified through NewDay USA. This certification confirms that you’re an eligible buyer and lets you shop for new homes without worrying about being underqualified, which saves time in the homebuying process.

The company’s purchase price calculator helps you determine a home price in your budget, down payment amounts, loan terms and interest rates. NewDay USA connects veterans with mortgage experts to further narrow their options.

NewDay USA rates

Mortgage rates change frequently, so it’s a good idea to compare rates between multiple companies before signing any contracts. VA loan rates are not set by the Department of Veterans Affairs or the federal government.

When a veteran, service member or surviving spouse receives a VA-backed loan, they’re charged a one-time VA funding fee that ranges from 1.4% to 3.6%. This keeps the costs of loans low for all borrowers. The fee varies based on the type of loan you require, your payment terms and whether you’ve received a VA loan before.

Veterans can borrow up to $453,100 without the need for a down payment.

NewDay USA FAQ

Is NewDay USA only for veterans?

Yes. NewDay USA provides options for veterans, service members and military families.

What does NewDay USA do?

NewDay USA provides VA Loans and FHA loans for veterans. The company connects veterans with mortgage experts for a personalized mortgage experience.

Who is eligible for a VA loan?

According to the company’s website, you are eligible for a VA loan if you are:

  • An active-duty service member
  • A veteran with an honorable discharge
  • A reservist or National Guard member with an honorable discharge and sufficient time served
  • The surviving spouse of an eligible deceased veteran
  • The spouse of an MIA/POW service member
Can a spouse of a veteran apply for a VA loan?

Yes. A spouse of a veteran can apply for a VA loan if they are:

  • A non-remarried surviving spouse of a veteran or service member who died in service or from a service-related disability
  • A spouse of a service member who is missing in action or a prisoner of war for the last 90 days
  • A surviving spouse of a veteran who was rated totally disabled and was eligible for disability compensation at the time of death from any cause

Still have questions?

Is NewDay USA legit?

NewDay USA has a specific audience. The company provides VA loans and FHA loans, but it does not serve all states. For those who are eligible, NewDay USA offers personalized service and multiple options for purchasing or refinancing a home. If you’re a veteran or qualifying spouse, we recommend looking into NewDay USA’s services when comparing mortgage lenders.

NewDay USA Reviews

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    How do I know I can trust these reviews about NewDay USA (NMLS #1043)?
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    Page 1 Reviews 0 - 25
    Verified purchase
    Loan Process

    Reviewed June 19, 2026

    Had a good experience with refinancing. Not much hassle. Everything was explained in detail and my loan was approved and done in a few weeks. I received what I expected. Thank you! Ben was straightforward and squared away. I have my debts paid off and I’m saving over $2,000.

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      Verified purchase
      StaffLoan Process

      Reviewed May 22, 2026

      Our loan officer was Kyle **, couldn’t have asked for a nicer or more knowledgeable person to get us through this experience. He made this process seamless. We tried to get everything he asked of us in a timely manner. He was patient if it took us a bit more time. He made the whole process painless and worry free and made us feel like part of the new day USAfamily. We truly thought of him as a friend and not a loan officer. I would highly recommend him and NewDay to all of our family & veteran comrades, sincerely Preston &Gail **

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      Verified purchase
      Punctuality & SpeedStaffLoan Process

      Reviewed May 18, 2026

      It is a pleasure to write this review. Mr. Sean ** was my original contact with NewDay and he stayed with me through the entire process. Mr. ** was prompt, courteous, informative, and dependable. He was respectful of my time and made the whole process enjoyable! Most of all, Mr. ** was knowledgeable, as he helped us (my wife and I) work through any and all obstacles to secure our loan!

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      Verified purchase

      Reviewed May 15, 2026

      As a first time home owner and veteran, I knew getting a home would be stressful, however I was pleasantly surprised that everything was smooth and clear. Having PTSD makes it hard to relax when dealing with all that goes into getting a home. Luckily I have been fortunate to have capable people assisting me with it all of it from start to finish.

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      Verified purchase
      Staff

      Reviewed May 2, 2026

      First of all, buying/refinancing a home is a horrible experience just because of the time it takes. However, Daniel and his team were fantastic. Daniel was great about communicating and answering any questions that came up. As a veteran I appreciate the opportunity to work with veteran run businesses. Thank you.

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      Verified purchase
      StaffBilling

      Reviewed July 6, 2026

      Thank you Nick for all the great service you gave me and thank you New day USA for great service and all the hard work you all put in to help me reach my goal of debt free credit cards. That is all I have to say.

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      StaffLoan Process

      Reviewed June 25, 2026

      Loan officer at New Day USA was very helpful and I am very satisfied. Everything went well. I thank you very much.

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      Verified purchase
      Staff

      Reviewed June 19, 2026

      Very pleased with the outcome and the personnel was very professional, helpful in the financial matters. They were able to assist me with a great consolidation of my financial obligations. I will be always very grateful for the opportunity and the trust.

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      Verified purchase
      Staff

      Reviewed June 19, 2026

      Our Experience with Thomas was a very smooth and pleasant experience. I would recommend him to anyone that is looking for a great and knowledgeable individual to help. He always had the answers I needed to continue on with the process.

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      Verified purchase
      Customer ServiceSales & MarketingPriceStaffBillingLoan ProcessRates

      Reviewed May 27, 2026

      Samuel ** was our loan officer and he was extremely courteous at all times and always took our calls when we called. My husband is a 100 percent disabled veteran who was a highly decorated helicopter pilot in the Vietnam War. He has many health issues now related to being a war veteran. He was in the army a total of 27 years counting his reserve time. From the get go I told Sam we hated to give up our 2.625 loan rate but we had to get the credit card debt off of us and we didn’t want extra cash out. I told him we would like the best rate possible and he quoted 6.99% rate and I asked him if that was with 1% origination and he said yes and didn’t say anything about four discount points also.

      He ordered the appraisal and when we got the disclosure in the mail and saw the four discount points I immediately called him and told him we would in no way do this as this was gouging the veteran rather than trying to help the veteran. He had charged a total of $10,000 in points plus 1% origination so in essence New Day was charging us $12,500 to do this loan. I had never revealed to him up until this time that I was a retired loan officer and I told how that in all my career I had never charged a customer 4 points and a 1% origination fee that that was unheard of and totally gouging the borrower to the fullest. He said from the get go he would try to take it to the board and get us a lower rate if possible.

      When I told him to haunt the loan tight then and as a matter of fact the termite man was at our door while I was on the phone with Sam and I told Sam I didn’t think he would want that expense if we were not going through with the loan so the termite man left. Sam said he would take the loan before the board and see what they could do. And get this, he was not even going to pay off our Belk card yet he was charging us $10,000 in points. I told him I was going to go back to our existing mortgage company and see what they could do. He asked me to get him a written estimate of what they could offer and he would see what the board could do. He called me back and said they would reduce the loan amount by $5,000 and pay off my Belk card and take off the $10,000 in points.

      So you can see he was not trying to help the borrower by raising our loan amount to $250,000 and not even paying off our credit cards like we had requested but yet was charging us $10,000 in discount points. I don’t know if he just thought we were stupid and wouldn't notice is all I can figure. Also they were now going to raise our rate to 7.125% instead of giving us a better rate. He acted like that was good that they lowered the loan amount and were now going to pay off Belk and took off the discount points. After my husband and I discussed it we decided we were going to go with our existing mortgage company as we felt New Day was not really trying to help the veteran and they were going to give us a lower rate and pay off all our debts. Even though they were charging $7,000 which included the origination and points we were going to save about $100 on our monthly payment which was a lot we thought.

      My husband is the one who does all the computer stuff and the other company’s application and disclosures were much harder to navigate through and he was getting really stressed out so I told him to stop and we would just go back to New Day. My husband has PTSD and I didn’t want him stressing over all this so I told the lady at New Rez that we were just going to have to stay with New Day and that we appreciated her trying to help us. So that’s when I called Sam back and I told him that is why we were coming back to New Day. I know this is a lengthy comment I feel like I needed to say all this.

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      Verified purchase

      Reviewed May 22, 2026

      I could not have asked for a better contact person than Rylee **. She was absolutely the best, the experience went so smooth. New Day has been a blessing as a Vietnam veteran. It was nice to have someone show respect.

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      Verified purchase
      Punctuality & SpeedStaffLoan Process

      Reviewed May 18, 2026

      The Loan Officer was fast, efficient and patient. Smoooth is the operative wood. I was approved for the loan and even helped getting a local Real estate Agent. I was helped get my verifications with guidance on what was the best way to verify my loan requirements.

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      Verified purchase
      Staff

      Reviewed May 15, 2026

      The process was easy, and people were great. In all, it seemed a pretty good system, and they seem to genuinely care about the people they deal with! So I would recommend NEWDAY USA to every veteran I know.

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      Verified purchase
      StaffRates

      Reviewed May 15, 2026

      My original mortgage was with New Day and I recently refinanced for a lower rate. They made the process quite easy and lowered the VA rate by two percentage points. I highly recommend not only the company but the staff excels as well

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      Verified purchase
      Customer ServiceStaff

      Reviewed May 1, 2026

      During my experience with New Day, I have personally witnessed some of the best assistance that I haven’t witnessed in a very long time, from customer service to professionalism, and such dedication to getting you approved. They truly work for you!

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      Verified purchase
      PriceStaffBillingLoan ProcessRatesHonesty & Transparency

      Reviewed April 28, 2026

      The truth is that I’m not sure why any of this was worth my time. I first spoke to the representative and he explained how they could pay off two high interest loans I have and leave me with 15 to 30 thousand dollars cash to do my home improvements after it was all said and done. The truth is that after it was all said and done, the house wasn’t worth much less than they had thought and at the end i now have a higher percentage rate and saved $200 total per month. One of the two loans was wrapped up into the new mortgage so raised the mortgage payment by 300 and removed the payment for that loan of 500 so saved me $200 per month. Honestly it was all kind of a wash. I kept asking about specifics but was told several times it would all makes sense in the end. Honestly it still doesn’t make sense. Someone made thousands of dollars off of this transaction but it sure wasn’t me.

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      Verified purchase
      Customer ServicePunctuality & SpeedStaff

      Reviewed April 25, 2026

      Everything went very smooth and quick. The representative was very knowledgeable and kept me informed throughout the process. Whenever I had a question he would get back to me in a timely manner. I would highly recommend Newday to any veteran.

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      Verified purchase
      Punctuality & SpeedLoan Process

      Reviewed April 12, 2026

      It was an easy process. The loan assistant wanted us to move fast and I told him I needed to slow down because he was making me nervous. Once he knew this he did so, he made me feel like I was making a safe move.

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      NewDay USA
      Response from NewDay USA

      We are thrilled to know you had a positive experience with your representative. Thank you for allowing us to serve you!

      Verified purchase
      StaffLoan ProcessTransparency

      Reviewed April 3, 2026

      Thank you so much Kyle for taking care of us during our journey of purchasing our new home in Las Vegas. Kyle kept us up to date on everything weekly as the loan progressed. We, being a little older than some… Kyle was always so patient and kind when it involved computer knowledge and walked us through it. It’s been a pleasure. John & Bonnie **.

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      NewDay USA
      Response from NewDay USA

      We are delighted that Kyle provided you with a professional and efficient experience. Congrats on your new home!

      Profile pic of the author.
      Sales & MarketingStaffBillingLoan Process

      Reviewed March 30, 2026

      This company advertises as a veteran loan financing bank. They also advertise that they specialize in processing loans for veterans with no so positive credit records. When my son tried to get a new home loan, there was a scar on his record from a car payment that was missed. Not only did they turn him down for a home loan, but they said come back and try again in 3 months. Upon retrying in 3 months, whomever he got that time said come back and try again in 12 months. He's trying to get a home loan to get him and his family out of living in an RV and NewDay definitely didn't live up to the expectations based on their advertising as being veteran friendly and serving the veteran community. Very disappointed.

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      NewDay USA
      Response from NewDay USA

      We strive to assist the Veteran community with their home loan goals but also acknowledge that we must do so within the framework of the program guidelines. When extending credit to a borrower, we consider multiple factors related to the home, income, and financial history. We deeply regret that we were not able to offer financing for your son at this time.

      Verified purchase
      StaffTransparency

      Reviewed March 21, 2026

      NewDay has always been great. The representative was in constant contact on a weekly basis, continually letting us know how things were going and updated us constantly. I would highly recommend New Day to any veteran with a positive message. Thank you!

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      NewDay USA
      Response from NewDay USA

      Thank you for the 5-star review! Glad to hear that everything went well. We appreciate the recommendation.

      Verified purchase
      StaffLoan ProcessRates

      Reviewed March 20, 2026

      I reached out to NewDay USA about my interest in getting a refinance loan for my home. An agent contacted me. He answered all my questions about refinancing my home and discussed options that were available to me. Once I made my decision to move forward, he became my main contact through the entire process. It was a very efficient and seamless process. If you are a veteran and are looking for a home loan or refi. I highly recommend NewDay USA.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are thrilled to know you had a positive experience with your account executive. hank you for sharing and for the recommendation!

      Verified purchase
      Punctuality & SpeedStaffTransparency

      Reviewed March 2, 2026

      NewDay was amazing to work with. Julian stayed in touch with us and kept us up to date on everything that was going on. It was all handled quickly and closed way faster than we thought it would. Will recommend to anyone looking to refinance.

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      NewDay USA
      Response from NewDay USA

      Our goal is to make sure our customers are informed throughout their loan process, and based on your review our team did just that! We're glad to hear we were able to provide you with such exceptional service. Thank you for your review and recommendations. We appreciate it!

      Verified purchase
      StaffLoan Process

      Reviewed Feb. 23, 2026

      New Day USA was great in helping me get an equity refinance loan. I was able to get my home repairs done. They guided me every step of the way and exeded my expections. I would like to than my team for everything they did for us. Thanks again!

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are honored that you choose New Day for your home loan needs. It is fantastic to hear that our team provided you with exemplary service every step of the way.

      Verified purchase
      Staff

      Reviewed Feb. 23, 2026

      Ben ** was easy to work with. Ben ** answered all my questions and explained things easily for me and my wife. NewDay is the right fit for a veteran and their family! Thank you for helping a veteran and his family save their home!

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      NewDay USA
      Response from NewDay USA

      It’s heartwarming to receive such positive feedback. We appreciate you sharing your experience. Thank you.

      Verified purchase
      StaffLoan ProcessCommunicationFollow-Through

      Reviewed Feb. 16, 2026

      My review of the service provided to me in processing my loan was most excellent: it was timely, it was convenient, and it was delivered as promised. Your Representative, Andrew **, was courteous, considerate, patient in working with my daughter, who assisted me in the application process, and he was thorough in explaining the process, and keeping me informed of developments. I am most appreciative of your service to me and will recommend others to seek your company for home refinance services.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      Thank you for the 5-star review and recommendations! We are happy that you had a great experience with Andrew and team.

      Verified purchase
      Customer ServiceSales & MarketingLoan ProcessCommunication

      Reviewed Feb. 6, 2026

      Seems as though the customer service side of New Day has fallen. I had people show at my house that I was never notified would be coming, luckily, I was at home. I wasn't kept apprised of status and delays, and my questions asked often went unanswered, or had to be asked several times before I received the answer. You advertise on TV that YOU have decision-making authority on loans, yet I didn't not get disbursement of funds the way that I preferred because of underwriters and their approval or disapproval based on what they wanted, not me.

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      NewDay USA
      Response from NewDay USA

      We are honored to be given the opportunity to assist you. We appreciate the feedback and we will use this information to review our processes for opportunity for improvement. Thank you.

      Verified purchase
      Customer ServiceStaffLoan Process

      Reviewed Feb. 3, 2026

      The overall process was thorough and done in a timely manner. (approx. 60 days from application to checks issued). Throughout the process, system-generated emails were very redundant. This created confusion on what needed signed or returned. Being on the conservative side, we found this very wasteful of paper. Ben **, the rep. was always available when we had questions or concerns. Very easy to work with. The WFG Lender Services would not be our first pick for the closing agent. Some communication issues between what we were told by Ben and what actually took place with regards to the pay-offs. Only one loan was wired pay-off and the remaining pay-offs were in the form of checks that we had to deal with.

      At the closing, when the Notary came and showed up, none of the numbers were what we had been told. The actual total loan amount had been increased by over $3,700. We would suggest sending the papers electronically to the borrower at least 24 hrs. in advance to avoid a big surprise. Not enough to cancel the process, but we had to phone Ben for clarity. Most closings would not continue at that point. The amounts on the paperwork did not match any amount that we had been shown for two property loans. The checks we received did not match anything for those two pay-offs. Overall, we are pleased with the end results and would recommend your company to our friends/family.

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      NewDay USA
      Response from NewDay USA

      It was our team's pleasure to be of assistance during your home loan process. Thank you for sharing your feedback, both positive and constructive. This will help us identify areas for improvements. Ben will be reaching out to you to make sure he addresses any open questions. If you have any questions in the interim time, please feel free to contact us at customerservice@newdayusa.com.

      Verified purchase
      Punctuality & SpeedLoan ProcessRates

      Reviewed Jan. 23, 2026

      We would like to Thank Joseph ** for such An awesome experience throughout our whole loan process with New Day. He was able to get us through quickly & efficiently from beginning to end. We would also like to thank the whole team who was involved to save us money by lowering our interest rate! I would highly recommend New Day to our Veterans who are seeking a loan, refinance or lower interest rate loan. We appreciate all of you!! Thank you? Travis & Kelly

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      NewDay USA
      Response from NewDay USA

      We are thrilled that you had an outstanding experience with our team. Thank you for sharing your experience and for your recommendations!

      Verified purchase
      Customer ServicePunctuality & SpeedStaffLoan ProcessTransparencyCommunication

      Reviewed Jan. 5, 2026

      I worked with John **, who provided outstanding service. He constantly kept me updated on the process. And, if I had questions, he responded quickly via a phone call or email. Even the holidays, he stayed in touch. The only slow down was when I attempted to set up autopay, that was delayed due to the loan info transfer to New Day. John stepped in and gave directions how to set it up. Thanks John!

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      Thank you so much for your amazing review! We are so happy to hear that John was able to make the home loan process as simple and understandable as possible. His attention to detail is what sets him apart here, and we are proud to have an individual like him as a member of our team.

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      NewDay USA Company Information

      Social media:
      Company Name:
      NewDay USA (NMLS #1043)
      Year Founded:
      2002
      Address:
      360 South Rosemary Avenue Ste. 1900
      City:
      West Palm Beach
      State/Province:
      FL
      Postal Code:
      33401
      Country:
      United States
      Website:
      www.newdayusa.com

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