In a landmark decision that redefines the future of kosher finance in America, Newrez—one of the largest and most prominent mortgage companies in the United States—has officially adopted a Heter Iska, granting borrowers across the country access to Halachically compliant financing.

This breakthrough not only places Newrez on the growing list of kosher-certified lenders but also signals a massive leap forward in aligning the U.S. financial system with Torah values—making it easier than ever for observant Jews to pursue business opportunities and homeownership without compromising on Halacha.

The announcement follows months of confidential coordination between Newrez’s senior leadership and the KFI, coupled with a widely supported petition that called on Jewish-owned banks and mortgage companies to step up and implement Heter Iska.

“This marks a watershed moment for the Jewish community,” said a senior KFI spokesperson. “After years of advocacy, we are seeing our vision come to life: that a Heter Iska becomes the standard, not the exception. With a powerhouse like Newrez leading the way, the path is now open for others to follow.”

The Heter Iska now adopted by Newrez is more than just Halachically valid—it meets the highest standards, built to withstand both spiritual scrutiny and commercial rigor. In an industry historically seen as inflexible and resistant to accommodation, this move sets a bold precedent.

For frum borrowers, entrepreneurs, and investors, this signals a new era: one where meaningful financial opportunities and uncompromised religious observance can truly go hand in hand.

As the kosher finance revolution gains momentum, the KFI reports that additional lenders are already in discussions to follow suit. Stay tuned. The future of Torah-aligned banking is here.

Heter Iska K-751 must be signed by all parties, in accordance with the provided instructions, and returned to [email protected]. To obtain a copy of the Heter Iska, please visit: www.newrezwholesale.com/heter-iska/. Visit the Kosher Bank Directory for more info.