New Silver is a fintech-driven direct lender known for fast closings and accessible credit requirements, popular with fix & flip and BRRRR investors. LendingStreet brokers across 30+ capital sources. Here's how to choose between a tech-forward direct lender and a multi-source broker.
The short answer: New Silver is a technology-driven direct lender offering fix & flip, bridge, and DSCR loans, known for fast (as little as 5-day) closings and accepting credit down to 620 and DSCR down to 0.75 on some programs. They also offer free investor tools — an ARV calculator, BRRRR calculator, and the FlipScout property-search platform.
LendingStreet is a licensed broker (NMLS #1734316) with 30+ direct capital sources, including fast tech-forward lenders similar to New Silver. When you want a quick, self-serve direct-lender experience, New Silver is a strong option. When you need larger loan amounts, more product variety, or want to shop a deal across multiple sources, LendingStreet's network adds options.
| Factor | LendingStreet | New Silver |
|---|---|---|
| Business model | Licensed broker, 30+ capital sources | Fintech direct lender |
| Products | DSCR, F&F, Bridge, Construction, Commercial, Multifamily, Blanket, Gap | Fix & Flip, Bridge, DSCR |
| Closing speed | 5-21 days (varies by source) | As fast as 5 days |
| States served | 48 states | Nationwide (most states) |
| Tools | ARV & cash-on-cash calculators | ARV, BRRRR calculators, FlipScout |
| Criterion | LendingStreet | New Silver |
|---|---|---|
| DSCR minimum | Sub-1.0 (down to 0.75); no-ratio available | Down to 0.75 on some programs |
| Minimum credit | 620 floor (varies) | Down to 620 |
| Max LTV (DSCR) | Up to 80% | Up to 80% |
| Fix & Flip max LTC | Up to 100% via select sources | Competitive LTC (verify current) |
| Loan size | $150K to $5M+ via network | Fintech-scale (smaller-balance focus) |
| Other products | Construction, Commercial, Multifamily, Blanket, Gap | F&F, Bridge, DSCR |
Sources: newsilver.com, independent lender comparisons (May 2026). LendingStreet terms from internal documentation.
We want to be honest: there are real scenarios where New Silver is the better choice, and we'd tell investors so. Specifically:
How each lender's strengths play out in practice. Scenarios are based on real LendingStreet-closed deals with details anonymized.
Flipper with 640 credit needs to close in a week on a standard flip. New Silver is a strong choice — fast closings and accessible credit are exactly their strength. We'd point this investor to them.
Larger flip requiring maximum leverage. This exceeds typical fintech-scale lending. LendingStreet placed a comparable $1.2M Indiana flip through a specialty bridge source.
Investor wants a flip loan and commercial mixed-use financing. New Silver focuses on F&F/Bridge/DSCR. LendingStreet placed both through different network sources.
No. New Silver is a fintech direct lender. LendingStreet is a licensed broker (NMLS #1734316) placing loans across 30+ direct lenders, including fast tech-forward lenders similar to New Silver.
New Silver is known for closings as fast as 5 days on standard deals. LendingStreet's network averages 5-21 days depending on the source — for the fastest deals we place with sources that match New Silver's speed.
Yes. New Silver accepts down to 620 credit and 0.75 DSCR on some programs. LendingStreet's network includes a 620 floor and sub-1.0 DSCR down to 0.75 plus no-ratio.
New Silver is fintech-scale and focused on F&F, Bridge, and DSCR. LendingStreet places $150K to $5M+ and covers Construction, Commercial, Multifamily, Blanket, and Gap.
For fast, standard fix & flip or BRRRR deals — especially with marginal credit or DSCR — where their tech platform and 5-day closing speed shine.
One application, one credit pull, multiple lender options. See if your deal qualifies for better terms than a single direct lender can offer.
Get Pre-Qualified → Browse Loan ProgramsAbout this comparison: Information about New Silver was sourced from newsilver.com and independent lender comparisons as of May 2026. Loan terms, rates, and underwriting change frequently — verify current terms directly with each lender before deciding.
About LendingStreet: LendingStreet is the d/b/a of JRS Home Loans LLC, NMLS #1734316. We are a licensed mortgage broker, not a direct lender. We place loans through 30+ direct capital sources. LendingStreet earns a broker fee on placed loans. Loan availability, rates, and terms vary by deal, borrower qualifications, and capital source. All loan offerings subject to underwriting and qualification. This comparison reflects publicly available information and our broker experience.
Last updated: · Refreshed quarterly with updated competitor terms.
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