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.

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

Featured Reviews

Gallatin, TN
Verified purchase
I want to commend New Day for providing a most wonderful refinance experience for me during our process together. Cole ** was extremely helpful and professional. During the proces...

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Ocala, FL
Verified purchase
Ms. Tayler Reno ** is the Account Manager who assisted me throughout this process. She was very professional and knowledgeable, I'm completely satisfied with the help she provided...

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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

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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    2 featured reviews
    How do I know I can trust these reviews about NewDay USA (NMLS #1043)?
    • 4,789,696 reviews on ConsumerAffairs are verified.
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    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 5
    Verified purchase
    Customer ServiceRefunds & PayoutsStaffLoan ProcessRatesTransparency

    Reviewed Oct. 25, 2025

    I would like to give special thanks to Admiral Lynch for having a great financial organization like New Day to help veterans with their financial needs. As a retired Army veteran, I had accumulated debt on several high-interest rate credit cards after owning my home for over five years. Initially, my wife and I thought about selling the house and using the equity to pay off our credit cards. However, after speaking with a New Day representative over the phone. He offered me a way to not only refinance my home, but to pay-off high interest credit cards for me and my wife, while receiving a cash payout to complete upgrades to my home, to include possibly using a portion of the cash to take a vacation. I am very grateful for New Day and their professional staff. My financial agent Nolen ** was wonderful; he provided clear explanations of the loan process and us through the entire process. He and his team were always available to answer our questions.

    Thanks for your vote!
    NewDay USA
    Response from NewDay USA

    Thank you sharing the wonderful experience you had with Nolan during your refinancing process. We always strive to represent the Admiral with outstanding professionalism, and we are so glad to hear that we were able to make a difference for you and your wife.

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      Verified purchase
      Punctuality & SpeedStaffLoan Process

      Reviewed Oct. 22, 2025

      Outstanding service from our loan officer (Ryan). He was very knowledgeable, professional and personable. He gives his all to whomever he's working with. There was never a time that we didn't know what was going on, even during the down times when certain things in the process had to be verified, he would always check in just to let us know what was happening and what would take place next. He allowed us to process/submit paperwork and scheduled meetings at times that was convenient for my wife and I. If NewDay gives out bonuses or gift cards for outstanding service Ryan should definitely receive one.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      It is our goal to make sure our customers are informed throughout their loan process. Ryan always makes our customers his top priority it is wonderful to hear that he was able to go above and beyond to provide an excellent experience! Thank you for taking the time to leave a review, your positive feedback is greatly appreciated.

      Verified purchase
      StaffBillingLoan ProcessRates

      Reviewed Aug. 4, 2025

      The overall experience was great. Professional service all the way to closing. My loan specialist kept me well informed throughout the application and approval. The closing process was very easy and convenient. I will recommend New Day USA to all my veteran friends and family. New Day USA was able to secure a loan that used 100% of my available equity in my property. I was able to pay off all of my high interest rate Credit cards and loans. I even had cash for needed home improvements. Refinancing with New Day USA got us out of debt with extra cash each month that allows us to pay extra towards the principal on our new loan. I can say that this was the best financial decision for my wife and I. No regrets. Thank you!

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      Thank you for sharing your amazing experience with your loan specialist and the rest of our team here at NewDay. We're delighted we were able to provide you and your family with a home loan solution that assisted you in completing your financial goals!

      Verified purchase
      Customer ServiceStaff

      Reviewed Aug. 4, 2025

      My wife and I just recently went through substantial renovations and I wanted a way to reduce the burden of paying so many folks through the month. Seeing the Admiral on t.v. and being a retiree, I decided to call in for details. Ryan K. picked up and things went from there. If others on the staff are are as professional as Ryan, everyone who calls in to New Day will have an experience as wonderful as ours. Ryan displayed professionalism, understanding, knowledge base to explain and explain so others understand financial complexities, thoroughness, responsiveness to messages.... he just made this process super painless. Thank you!!!!!

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are overjoyed that you had a professional experience during your home loan process with Ryan. He always makes our customers his top priority and it is wonderful that he helped you and your wife achieve your goals with your refinance!!

      Verified purchase
      Customer Service

      Reviewed June 27, 2025

      Thanks to Admiral ** and the whole crew at New Day USA. I want to extend a special thanks to Jullian ** for his advice and assistance. Jullian made the entire process painless. He was in constant communication with me, and he explained the entire refinancing process to me from the very beginning and as we went along all the way until closing. He is a definite asset to New Day USA! I'm grateful for the opportunities New Day provides for veterans and I will recommend New Day USA to any veteran I know looking to refinance their home. Thanks Guys!

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are very happy to hear that Julian not only helped you accomplish your goals but also guided your through the process efficiently. Thank you for sharing. We greatly appreciate your recommendations!

      Verified purchase
      Customer ServiceStaff

      Reviewed Dec. 3, 2025

      Excellent customer service from Gabriell **. She was professional, knowledgeable and responsive at every point in the process. When Gabby didn’t know the answer, she researched it until the issue was resolved. Gabby worked diligently whenever we had an issue to address.

      Thanks for your vote!
      Verified purchase
      Customer ServiceStaffLoan Process

      Reviewed Nov. 14, 2025

      Our experience with NewDay USA has been excellent. I want to especially commend our loan officer, Jake **, for his outstanding performance, knowledge of mortgages, attention to detail, calm demeanor, and just overall friendly attitude. He helped us overcome challenges with ease. I would recommend Jake ** and NewDay USA to anyone.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      Jake is a wonderful member of our team, and it is so great to hear that he provided you with support and outstanding experience throughout your loan process. We always aim to make our process as smooth and easy for the veterans we serve, and it is always rewarding to know that we were able to make a positive impact.

      Verified purchase
      StaffLoan Process

      Reviewed Nov. 13, 2025

      We had an outstanding representative set us up with this loan. Mr ** did an excellent job and I highly recommend this company to anyone looking to refinance home. The whole process was easy to understand and get done with the help we received from Mr **.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      Thank you for sharing this wonderful experience with us during your home loan process! It brings us tremendous joy to know that our team exceeded your expectations throughout the entire process. We appreciate your kind words and recommendations.

      Reviewed Nov. 11, 2025

      I asked general questions and then was told that Newday USA didn't serve North Dakota. I couldn't find it in the listing of non serviced states so I am using a competitor. It was such a disappointment nonetheless.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are unable to accept loan applications in North Dakota because we do not hold a license in the State. This information is disclosed on the licensing page of our website https://www.newdayusa.com/licensing and on our advertising materials. We appreciate the opportunity to provide respond to your concern. Please don't hesitate to contact us directly at customerservice@newdayusa.com for any additional questions.

      Verified purchase
      Staff

      Reviewed Nov. 7, 2025

      It was the most helpful and enjoyable experience I ever had in getting my house refinanced. Newday USA came in a nick of time. The executive vice president for loans Sean **, was more than helpful and the way your company looks out for veterans is truly amazing. If had a choice, I work for you guys. Thank you again.

      Thanks for your vote!
      NewDay USA
      Response from NewDay USA

      We are overjoyed to hear that you had such an amazing experience working with Sean and our team. Thank you for your continued faith in our ability to serve the Veteran Community and your recommendation.

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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:
      newdayusa.com

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