Physician Loans

Physician Loans are designed specifically for doctors and medical professionals who want to buy or refinance a home with flexible qualification guidelines. These programs recognize the unique financial path of physicians and make it easier to secure home financing early in your career.

How Physician Loans Work

Instead of relying solely on traditional income and asset requirements, Physician Loans allow qualified medical professionals to use employment contracts or future income to qualify. This approach helps physicians purchase a home without delaying for years of income history or large cash reserves.

Key Highlights

• Low or no down payment options available

• No private mortgage insurance (PMI) in many cases

• Qualification using an employment contract (even before start date)

• Competitive loan amounts and terms for purchase and rate and term refinance

• Flexible underwriting that accounts for student loan obligations

Who Benefits from Physician Loans

These loans are ideal for:

• Medical doctors (MD, DO)

• Residents and fellows transitioning into full-time practice

• Physicians with high student loan balances

• Medical professionals early in their careers who want to buy sooner rather than wait