New Silver vs Newfi Wholesale
What each lender publishes about financing short-term rentals, side by side. New Silver: 42 states/dc listed. Newfi Wholesale: licensed in 49 states/dc.
The short version
- Both accept STR history or a projection.
- Newfi Wholesale has the lower minimum credit score (640 vs 660).
- New Silver has the higher max purchase LTV (80% vs 75%).
- Only Newfi Wholesale publishes a max cash-out LTV (75%).
- Newfi Wholesale has the lower minimum loan ($125K vs $150K).
- Newfi Wholesale has the lower minimum DSCR (1.00 vs 1.15).
- New Silver allows first-time investors; Newfi Wholesale allows them.
Based only on published figures, checked Oct 19, 2026. Published maximums usually need top credit. Confirm with the lender.
| Term | New SilverDirect lender | Newfi WholesaleWholesale |
|---|---|---|
| STR income method | Either Lender sources · checked Oct 18, 2026 | Either newficorrespondent.com · checked Oct 19, 2026 |
| STR income details | Market rent addendum and/or STR valuation such as AirDNA on new purchases; refinances require rental history (12 months to count as occupied). See lender sources | 12-month history: 12-month lookback, 80% of gross receipts. Projection: Purchases: 1007 STR, AirDNA Rentalizer (score/occupancy minimums) or rental data, at 80%; experienced investors only. STR min DSCR above 1.00. STR max LTV 75%. newficorrespondent.com · checked Oct 19, 2026 |
| Min credit score | 660 newsilver.com · checked Oct 19, 2026 | 640 newfiwholesale.com · checked Oct 19, 2026 |
| Min DSCR | 1.15 help.newsilver.com · checked Oct 19, 2026 | 1.00 newfiwholesale.com · checked Oct 19, 2026 |
| DSCR below 1.0 | No Lender sources · checked Oct 18, 2026 | No newfiwholesale.com · checked Oct 19, 2026 |
| No-ratio option | No help.newsilver.com · checked Oct 19, 2026 | No newfiwholesale.com · checked Oct 19, 2026 |
| Max LTV (purchase) | 80% newsilver.com · checked Oct 19, 2026 | 75% newfiwholesale.com · checked Oct 19, 2026 |
| Max LTV (cash-out/refi) | Not published | 75% newfiwholesale.com · checked Oct 19, 2026 |
| Min loan | $150K help.newsilver.com · checked Oct 19, 2026 | $125K newfiwholesale.com · checked Oct 19, 2026 |
| Max loan | $3M newsilver.com · checked Oct 19, 2026 | $3M newfiwholesale.com · checked Oct 19, 2026 |
| Prepayment | Not published | 1-5 years: 6 months' interest, fixed 5%, or 5/4/3/2/1 step-down; not allowed in AK, DC, IL, MD, MI, MS, NM, RI, VT newfiwholesale.com · checked Oct 19, 2026 |
| Reserves | 6 months PITIA/ITIA (STR program); +6 months if loan > $2M help.newsilver.com · checked Oct 19, 2026 | 3 months PITI up to $1.5M; 6 months above $1.5M; 9 months above $2M; novice investors 6 months; STR under 60% occupancy needs 9 months; loan proceeds may count newfiwholesale.com · checked Oct 19, 2026 |
| States served | 42 states/DC listed From the areaServed list in the DSCR page's structured data. Lender sources · checked Oct 18, 2026 | Licensed in 49 states/DC Licensing page (Nexera Holding LLC dba Newfi) lists 48 states + DC; site is not approved for use in New York. DSCR footprint is not itemized separately. newfi.com · checked Oct 19, 2026 |
| First-time investors | Yes Lender sources · checked Oct 18, 2026 | Yes Lender sources · checked Oct 18, 2026 |
| Channel | Direct lender | Wholesale |
| Last verified |
More comparisons
Free · Weekly
- Where the 10-year Treasury moved and what it means for STR loan pricing
- Lender term changes flagged on the lenders' own pages
- A short, plain-English STR financing explainer
No spam, unsubscribe anytime. Form not loading? Subscribe here.
Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.