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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BoA20JKQOWSxVWQcRepMiL96DUrutrTz10N3rCfPv4Jwu+YH1DdNsDGSfUCuqz3l
 zCHdejCsKfmxjfWTJPgX+A==

<SEC-DOCUMENT>0001287286-05-000059.txt : 20050518
<SEC-HEADER>0001287286-05-000059.hdr.sgml : 20050518
<ACCEPTANCE-DATETIME>20050518210918
ACCESSION NUMBER:		0001287286-05-000059
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050517
FILED AS OF DATE:		20050518
DATE AS OF CHANGE:		20050518

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW CENTURY FINANCIAL CORP
		CENTRAL INDEX KEY:			0001287286
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				562451736
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		18400 VON KARMAN
		STREET 2:		SUITE 1000
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92612
		BUSINESS PHONE:		9494407030

	MAIL ADDRESS:	
		STREET 1:		18400 VON KARMAN
		STREET 2:		SUITE 1000
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92612

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW CENTURY REIT INC
		DATE OF NAME CHANGE:	20040416

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Alexander Marilyn A
		CENTRAL INDEX KEY:			0001309194

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32314
		FILM NUMBER:		05843165

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		312 466 3646

	MAIL ADDRESS:	
		STREET 1:		565 DUNNEGAN DRIVE
		CITY:			LAGUNA BEACH
		STATE:			CA
		ZIP:			92651
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-05-17</periodOfReport>

    <issuer>
        <issuerCik>0001287286</issuerCik>
        <issuerName>NEW CENTURY FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>NEW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001309194</rptOwnerCik>
            <rptOwnerName>Alexander Marilyn A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>18400 VON KARMAN</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1000</rptOwnerStreet2>
            <rptOwnerCity>IRVINE,</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92612</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>46.39</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-05-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>22500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-05-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>22500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>22500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The option vests in three equal annual installments beginning on May 17, 2006.</footnote>
        <footnote id="F2">This column is not applicable.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Jennifer Jewett, Attorney-in-Fact</signatureName>
        <signatureDate>2005-05-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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