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Last Updated: 04/18/2025

Shellpoint Mortgage

in Home Mortgage Loans from Newrez LLC

Last Updated: 04/18/2025

Newrez LLC logo
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Loan Term (Years)

Starting at 10

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Shellpoint Mortgage Review

Shellpoint Mortgage is offered by Newrez LLC (NMLS #3013), a direct lender founded in 1996 and based in Fort Washington, PA. Shellpoint Mortgage are available in 19 states.

Key Takeaways

  • Specializes in multi-family properties. Only offers mortgages for multi-family properties, but not for single-family homes or manufactured homes.
  • Standard interest rates types. Shellpoint Mortgage offers adjustable-rate mortgages and fixed-rate mortgages.
  • Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Shellpoint Mortgage Pros & Cons

Shellpoint Mortgage FAQ

What mortgage rates does Newrez LLC offer?

Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.

Do they charge mortgage origination fees?

Yes, Shellpoint Mortgage may charge a loan origination fee .

What property usage types does Shellpoint Mortgage allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Shellpoint Mortgage allows the following property usage types:
  • Primary home
  • Secondary homes and vacation properties
  • Investment properties and house flipping projects

What is the customer service phone number?

The customer service number for Shellpoint Mortgage is (888) 673-5521.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

1100 Virginia Drive, Ste 125
Fort Washington, PA 19034
Visit Site

Hours of Operation

Sunday
Closed
Monday
8:00AM - 10:00PM
Tuesday
8:00AM - 10:00PM
Wednesday
8:00AM - 10:00PM
Thursday
8:00AM - 10:00PM
Friday
8:00AM - 6:00PM
Saturday
9:00AM - 5:00PM

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