Physician & Doctor Mortgage Loans
Special financing for medical professionals. Low down payment, no PMI, flexible student loan treatment.
GET PRE-APPROVEDKey Physician Loan Benefits: Low Down, No PMI & More
0-10% Down Payment
Minimal upfront investment required
No PMI
Save hundreds monthly on insurance
Student Loan Flexibility
Defer or exclude from DTI calculation
High DTI Accepted
Up to 50% debt-to-income ratio
Pre-Residency Approval
Qualify before starting practice
Jumbo Loan Amounts
Up to $2M+ for luxury homes
Eligible Professions
Example Scenario
Dr. Sarah Johnson - Cardiology Resident
Situation
- • 3rd year resident, $70K salary
- • $250K student loan debt
- • Signed contract: $350K starting salary
- • Wants to buy $600K home
Solution
- • 5% down payment ($30K)
- • No PMI (saves $350/month)
- • Student loans deferred
- • Approved based on contract
Result: Purchased dream home 2 years earlier than traditional financing would allow
Frequently Asked Questions
Can I qualify during residency?
Yes! Many lenders offer physician loans to residents and fellows with an employment contract, even before you start earning your full salary.
How are student loans handled?
Student loans can often be deferred or calculated at a reduced rate (0.5-1% of balance) instead of actual payment, significantly improving your buying power.
What loan amounts are available?
Physician loans typically range from $100,000 to $2,000,000+, with some lenders offering up to $3M for high-income specialists.
Do I need perfect credit?
No, but 700+ credit score is typically required. Some programs accept 680+ with compensating factors like high income or significant assets.
Ready to Get Started?
Get pre-approved in 24 hours and start your home search with confidence.