After years of grueling medical school, residency, and fellowships, doctors finally reach the pinnacle of their careers—only to find that traditional mortgage lenders often penalize them for the very journey that got them there. High student loan debt and a lack of built-up savings for a down payment can suddenly make buying a home feel out of reach.
Enter the Physician Loan. Designed specifically for medical professionals, this unique mortgage program removes the traditional barriers to homeownership, recognizing that a doctor's earning potential and career stability make them exceptional candidates for a mortgage.
Program Highlights
100% Financing
Buy your primary residence with zero down payment required. Keep your savings intact for emergencies or furnishing your new home.
No Mortgage Insurance
Avoid paying Private Mortgage Insurance (PMI) even if you put down less than 20%, saving you hundreds of dollars every month.
Student Loans Excluded
Student loan payments can be excluded from your debt-to-income (DTI) ratio, allowing you to qualify based on your true earning potential.*
High Borrowing Limits
Access up to a $2 Million Maximum Loan Amount to secure the home you deserve in the neighborhood you want.
Flexible Terms
Choose from 15, 20, 25 & 30 Year Fixed rates, or 5/6, 7/6, and 10/6 ARMs depending on your long-term career strategy.
Accessible Guidelines
Qualify with a minimum 680 credit score. Plus, gift funds are allowed for reserves.
*NOTE: For Primary Residence Only. Additional Restrictions May Apply, See Guidelines for More Information.
