Newrez Launches Personal Loans, Powered by Upgrade, Giving Homeowners More Ways to Achieve Their Financial Goals
Business Wire•12/11/2026•10:00 ET
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Key Highlights
- ➤Newrez launches personal loans through Upgrade for eligible homeowners
- ➤Qualified borrowers may receive funding within one business day
- ➤51% of homeowners carry credit card balances, Newrez survey finds
- ➤Upgrade has delivered $53 billion in credit to 8.5 million customers
Expert Statements
Leslie Gillin, Chief Commercial Officer of Newrez
“Our relationship with homeowners doesn't begin and end with a mortgage”
Leslie Gillin, Chief Commercial Officer of Newrez
“Homeowners' financial needs often extend beyond their monthly mortgage payment, and we're proud to broaden the ways we can support them, including helping identify opportunities for savings as they navigate important financial decisions. Partnering with Upgrade is another example of us delivering on our mission to do everything possible to make home happen.”
Avia Kay, Senior Vice President, Marketing, Upgrade
“Consumers increasingly expect financial solutions to be fast, transparent, and easy to access”
Avia Kay, Senior Vice President, Marketing, Upgrade
“We're excited to partner with Newrez to help homeowners explore personal loan options through a simple online experience, supported by the trust Newrez has earned with its customers. Together, we're making it easier for eligible homeowners to access funding quickly when they need it.”
Leslie Gillin, Chief Commercial Officer of Newrez
“The findings show that many homeowners are looking for ways to improve their financial position but may not know where to start”
Leslie Gillin, Chief Commercial Officer of Newrez
“By combining education with access to responsible financing options, we can help customers make informed decisions that support their long-term financial goals.”
Newrez Launches Personal Loans, Powered by Upgrade, Giving Homeowners More Ways to Achieve Their Financial Goals
* Through a partnership with Upgrade, a trusted financial technology company that offers consumer credit products, eligible Newrez homeowners may qualify for personal loans with funding in as little as one business day*.
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