Newrez Non-Agency Lending
Newrez Non-Agency Lending
Jumbo and Medical Professional Home Loans Built for High-Earning Borrowers
Close beyond conforming — without crossing into Non-QM.
Newrez Non-Agency lending bridges the gap between agency limits and Non-QM structures, offering smart solutions for high-income, high-loan-amount borrowers who still fit within more traditional full-doc underwriting.
Our Jumbo AUS and Medical Professional programs deliver elevated loan limits, competitive leverage and flexible underwriting backed by experienced teams and Blueprint-driven execution.
Why Brokers Pick Newrez for Non-Agency
- Expanded Loan Limits with Agency-Style Processes: Go beyond conforming caps while retaining full documentation and AUS-driven underwriting.
- Flexible Leverage Without PMI: Access select loan products that offer high LTV options without traditional mortgage insurance.
- Dedicated Expertise for Complex Profiles: Get expert guidance for serving high-earning professionals, asset-strong borrowers and early-career professionals
- Blueprint Efficiency: Price, structure and submit seamlessly with real-time product visibility.
What is a Non-Agency Loan?
Non-Agency loans are fully documented, responsibly underwritten mortgages that fall outside standard conforming loan limits or agency parameters — without the income alternatives or overlays associated with Non-QM.
Typical use cases include:
- High-balance primary, second home or investment properties.
- Borrowers exceeding conforming or high-balance loan limits.
- Professionals with strong income but non-traditional early career profiles.
- Jumbo transactions requiring flexibility on leverage or property type.
Non-Agency Options at a Glance
Best for: Borrowers who qualify cleanly but exceed conforming or high-balance limits.
Key Highlights:
- Loan amounts up to $3.5M (program and credit tier-dependent).
- Fixed-rate and SOFR ARM options.
- Eligible for primary residences, second homes and investment properties.
- Up to 90% LTV on select primary residence transactions.
- No mortgage insurance required.
- Full income and asset documentation under agency guidelines.
Best for: Early- or mid-career physicians, dentists and qualifying healthcare professionals.
- Eligible Professionals Include MD, DO, DDS, DMD, PharmD, DVM, DPM, CRNA (DNAP/DNP), and medical residents, fellows or interns meeting program criteria.
Key Highlights:
- Up to 100% financing available on primary residences.
- No traditional mortgage insurance.
- Loan amounts up to $2M.
- Flexible treatment of student loan debt.
- Income flexibility for residents, fellows and early-career practitioners.
- No first-time homebuyer overlays
Fast Scenario Guide
A borrower purchasing a $2.8M primary residence exceeds conforming limits but qualifies through AUS. Use Jumbo AUS for competitive leverage with full-doc underwriting and no mortgage insurance.
Residency-to-practice physician with minimal cash down and large student loans. Structure with Medical Professional Home Loan financing and leverage future earning power without mortgage insurance.
Borrower adding a second home or high-value rental property. Utilize Jumbo AUS that supports elevated loan amounts with agency-aligned documentation standards.
FAQ
No. These programs do not require traditional monthly mortgage insurance.
Eligible residents, fellows and early-career professionals may qualify based on program guidelines.
Yes, investment properties are eligible within program parameters.
Yes. Both Jumbo AUS and Medical Professional Home Loans are fully documented and underwritten.
*At least one occupying primary borrower whose income is used in qualifying, must be an actively practicing medical professional who meets professional designation and specified degree requirements. Additional documentation including an offer letter is required for use of projected future income. Start date of employment for projected future income must be no later than 150 days post note date. 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 informatio