The program is geared toward borrowers who have good credit, but can't qualify for conventional loans due to other factors Newfi Lending , an online mortgage lender and portfolio company of global private equity firm Warburg Pincus , has launched Sequoia Porfolio Plus , a proprietary loan program that offers flexibility for mortgage brokers looking to approve “difficult-to-qualify” borrowers. “We wanted to create a loan program that combines the best of jumbo and non-traditional borrowing options,” said Newfi Lending CEO Steve Abreu in a press release.
