Physician Loans · New Jersey

Physician Mortgage Loans in New Jersey — Low Down Payment, No PMI.

Whether you're practicing in Newark, relocating to Jersey City, or finishing residency at Rutgers Robert Wood Johnson — Sean Shallis specializes in physician lending nationwide.

Up to $2.5M. As little as 5% down. No PMI. Student loan-friendly. Loans originated through U.S. Bank.

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90-second rate check No credit impact Free forever
Physician Lending in New Jersey

New Jersey physicians deserve a lender who gets it.

Sean Shallis is a national physician loan specialist backed by U.S. Bank. He's married to a physician — he understands the student debt, the relocations, the delayed gratification, and the earning curve that makes physicians uniquely qualified borrowers.

Whether you're an attending at RWJBarnabas Health, a resident at Rutgers Robert Wood Johnson, or relocating to Newarkfor a new role — Sean's physician loan programs are available nationwide with the same white-glove service.

01
Talk to Rosie
Tell Rosie about your New Jersey home search or current mortgage. 90 seconds, no forms, no credit impact.
02
Rosie Watches
Rosie monitors New Jersey rates multiple times a day. She knows your loan structure and alerts you when savings windows open.
03
Sean Closes It
When the window opens, Sean calls you personally. One phone call. White glove. Loans originated through U.S. Bank.

Attending Physicians

MDs, DOs, JDs in New Jersey. Up to $2.5M, as little as 5% down, no PMI.

Residents & Fellows

Training at Rutgers Robert Wood Johnson? Qualify on your signed contract, not current salary.

Relocating to New Jersey

Moving to Newark or Jersey City for a new role? Close before you start.

Construction & Renovation

Building or renovating in New Jersey? Single-close construction-to-permanent loans available.

5%
Down Payment

As little as 5% down on loans up to $1M — no PMI

$0
PMI — Ever

No private mortgage insurance, regardless of LTV

Flexible
Student Loan DTI

Underwritten on earning trajectory, not current IBR

30 Days
Average Close

Physician-specific processing lane

Sean + U.S. Bank vs. New Jersey Lenders

Most New Jersey lenders offer physician loans. Very few offer physician lending strategy.

Feature
Sean + U.S. Bank
Typical NJ Lender
As little as 5% down, no PMI
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No PMI at any LTV
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Student loan-friendly DTI
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Portfolio lender (keeps your loan)
—
Free rate renegotiation before funding
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AI rate monitoring (Rosie)
—
Lifetime relationship with your loan officer
—
Available nationwide
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Serving Physicians Across New Jersey

Sean works with physicians at every major New Jersey institution — and nationwide.

Newark, NJ

Physician mortgage loans available for physicians buying or refinancing in Newark.

Jersey City, NJ

Physician mortgage loans available for physicians buying or refinancing in Jersey City.

Princeton, NJ

Physician mortgage loans available for physicians buying or refinancing in Princeton.

Morristown, NJ

Physician mortgage loans available for physicians buying or refinancing in Morristown.

Chatham, NJ

Physician mortgage loans available for physicians buying or refinancing in Chatham.

Rutgers Robert Wood Johnson

Residents and fellows can qualify with a signed employment contract.

Rutgers New Jersey Medical School

Residents and fellows can qualify with a signed employment contract.

Hackensack Meridian School of Medicine

Residents and fellows can qualify with a signed employment contract.

RWJBarnabas Health

Attending physicians and staff can access physician loan programs.

Hackensack Meridian Health

Attending physicians and staff can access physician loan programs.

Atlantic Health System

Attending physicians and staff can access physician loan programs.

Virtua Health

Attending physicians and staff can access physician loan programs.

Physician Loan FAQ — New Jersey

Can I get a physician loan if I'm relocating to New Jersey?
Absolutely. Sean works with physicians relocating to New Jersey every month. You can close before you start your new role — all you need is a signed employment contract. Sean handles the timing so you can focus on the move.
I'm a resident at Rutgers Robert Wood Johnson. Can I buy now?
Yes. Physician loan programs let you qualify based on your attending salary — not your resident income. Many New Jersey residents buy 60-90 days before starting their attending role.
Does Sean work with physicians in Newark and Jersey City?
Sean is licensed nationwide and works with physicians in every New Jersey city. U.S. Bank provides the same physician loan programs regardless of location.
What are the down payment requirements?
No catch. Physician loan programs exist because banks recognize doctors as low-risk borrowers with high earning trajectories. U.S. Bank portfolios these loans — they want the long-term relationship.
Can I build a home in New Jersey with a physician loan?
Yes. U.S. Bank offers construction-to-permanent loans that combine your build financing and permanent mortgage into a single close. Available for physician-qualified borrowers building in New Jersey.
Is the AI rate monitoring really free?
Zero cost, forever. Rosie monitors your rate multiple times a day and alerts you when savings windows open. No subscription, no hidden fees. Sean built it because physicians are too busy to track rates themselves.

Ready to see what you qualify for in New Jersey?

90 seconds with Rosie. No credit impact. No obligation. Or book a 20-minute strategy call with Sean.

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