- Specialized mortgage solution enables eligible medical professionals to overcome student loan and early‑career savings challenges that can delay homeownership.
- Features include flexible student loan treatment, 100% financing with no traditional PMI, and income‑based qualification flexibility.
April 10, 2026—FORT WASHINGTON, Pa.—Newrez, a top five mortgage lender and servicer, has launched its Medical Professional Home Loan, a mortgage solution designed to help early‑career physicians, dentists, and other eligible healthcare professionals achieve homeownership sooner by reducing upfront costs and offering more flexible qualification standards.
While medical professionals often have strong long‑term income trajectories and career stability, many face significant student loan balances, modest initial incomes, and limited early-career savings, which can impact their ability to qualify for a mortgage. Newrez’s Medical Professional Home Loan is designed to help aspiring homeowners overcome these challenges by offering:
- Flexible debt to income treatment that accounts for the realities of medical school debt, allowing qualified borrowers to expand their homebuying options.
- 100% financing available with no traditional PMI, helping qualified borrowers reduce upfront costs and monthly payments.
- Income qualification flexibility for early-career borrowers, including residents, fellows, and interns, enabling consideration of projected earnings.
“Newrez’s Medical Professional Home Loan strengthens our ability to make home happen for healthcare professionals who serve our communities,” said Bob Johnson, Head of Originations at Newrez. “By taking a more flexible approach to student loans and other early‑career financial realities, we’re helping qualified borrowers overcome common barriers and pursue the dream of homeownership sooner.”
Newrez’s Medical Professional Home Loan is now available* through its Direct-to-Consumer (DTC), Retail, Joint Venture (JV), and Wholesale channels. To learn more, visit https://www.newrez.com/blog/mortgage-101/flexible-home-financing-for-medical-professionals/.
About Newrez
Newrez LLC (“Newrez”), a Rithm Capital Corp. (NYSE:RITM) company, is a top five mortgage lender and servicer, according to Inside Mortgage Finance, dedicated to providing a customer-first experience throughout the homeownership journey. Newrez offers industry-leading servicing capabilities for owned MSRs and for third-party clients, as well as a robust origination model with presence in the retail, wholesale, correspondent, and consumer direct verticals. Newrez's mission is “to do everything possible to make home happen” through a wide array of products and services. Newrez was established in 2008 and is headquartered in Fort Washington, PA. To learn more about Newrez, visit www.newrez.com.
*At least one occupying primary borrower whose income is used in qualifying must meet professional designation and specified degree requirements. Only available for purchase and rate-and-term refinance transactions on select property types. Loan-to-value and credit requirements apply. May not be combined with secondary financing. Subject to minimum and maximum loan amounts. Contact Newrez for more information.
Media Contacts
Ryan Feldman
Director, Public Relations
David Guarino
Immortality PR & Communications LLC