Best Doctor Mortgage Loans in Colorado

1. Competitive Interest Rates & Low Closing Costs

First Western Trust Bank generally offers interest rates below the market average—for instance, about 0.11% lower than other lenders overall. Closing costs are also lower, by approximately $561, earning the bank a solid 4‑star rating out of 5 for rates and costs combined MortgageWaldo.com.
A 2025 analysis from True Rate highlights that for a $400,000 loan, you could save approximately $825 in the first year and nearly $4,900 over 10 years, thanks to rates about 0.14% below the median tomo.com.

2. Extensive Loan Product Variety

First Western Trust offers a broad array of mortgage products to suit different borrower needs:

Conventional loans (including programs for first-time buyers with down payments as low as 3%)
Jumbo loans, including those up to $5 million
FHA, VA, USDA loans, with flexible guidelines and sometimes no down payment required First Western Trust Mortgage+1
Professional loans tailored for doctors, dentists, attorneys, CRNAs—often with options like no down payment up to $1M First Western Trust Mortgage
Down payment assistance, CRA loans, HELOCs, construction-to-permanent loans, portfolio loans, and ADU financing First Western Trust Mortgage+1
Coverage across all 50 states, making them accessible even beyond their base in Colorado First Western Trust Mortgage

3. Relationship-Based, Personalized Service

The bank emphasizes a local, team-based approach—you’ll deal with a dedicated mortgage team available seven days a week, ensuring streamlined communication and personalized attention First Western Trust Mortgage.
Borrowers benefit from individualized planning from pre-purchase through closing, with closing figures provided at least 72 hours in advance to help clients stay informed and prepared First Western Trust Mortgage+1.

4. Strong Appeal for High-Net-Worth & Complex Borrowers

With deep expertise in serving high-net-worth individuals, First Western Trust tailors mortgage solutions that integrate seamlessly with broader financial, estate, and tax planning First Western Trust Mortgage.
Their professional loan offerings cater to borrowers like physicians and attorneys, often with minimal or no down payments on higher loan amounts First Western Trust Mortgage.

5. Proven Financial Stability & Conservative Underwriting

The bank has a long history of minimal credit losses, thanks to a relationship-driven, conservative underwriting strategy—including requirements like low loan-to-value ratios and multiple repayment sources SEC.
Their financials reflect consistent growth and strong capital positions, with rising loan and deposit portfolios and classification as well-capitalized in regulatory reports GlobeNewswire.

6. Cost‑Effective Lending in Practice

Origination data from 2023 shows their average closing cost of around $5,339, notably lower than the industry average of approximately $9,089 Origination Data.
Their approval rate is high—at 98.8%, indicating efficiency in their underwriting process Origination Data.

7. Recognition for Lending Leadership & Tech Savviness

No Cost Pre-Approval with soft- credit pull.

1-2 unit properties, Condos (warrantable/non-warrantable), PUD, Townhouses, Modular Homes

DTI up to 50%

Available to US Citizens, Permanent Resident Aliens, Non Permanent Resident Aliens, and Foreign Nationals

Flexible underwriting guidelines such as the ability to use future employment, 1099 contract income, and gift funds.

Besides our Medical Professional Program, we also have conforming and jumbo mortgage programs for:

• Purchase or Refinancing
  • Primary residence
  • Second Home/Vacation Home
  • Investment
  • HELOC, HELOANS, 2nd Mortgages
  • VA (Purchase/IRRL)
  • FHA
  • USDA
  • DPA – Down Payment Assistant

• Non-QM offerings
  • DSCR
  • Asset Utilization
  • Business and Personal Bank Statement loans
  • P&L, 1099 Loans
  • Bridge Loans
  • Reverse Mortgages (HECM & Purchase Reverse)
  • Fix & Flip
  • ITIN
  • CashReady

We say YES!

Yes to 1099 income without 2 yr history (conditions apply)
Yes to using future income to qualify – don’t have to wait to be within 90 days of start of new job (additional reserve requirements will apply)
Yes to all covered professionals – No limit on the number of years out of residency/fellowship
Yes to US residents including work Visa holders – Permanent Residents Aliens, H-1B, J-1, TN NAFTA and others
Yes to acreage (normal for the area)
Yes to you owning multiple properties (additional reserve requirements will apply)
Yes to significant other and/or family to be co-borrower/co-signer to help you qualify, even if they will not occupy the property
Yes to gift funds from family members
Yes to DPA funds if you qualify (hint hint residents!!!)
Yes to Bridge loan if you have equity in the current house and need to access it to purchase new home
Yes to a Construction loan to build your dream home

Common sense approach to underwriting.
Ability to offer bridge financing when trying to sell a current home and buying a new one.
Genisys Credit Union offers Physician Construction Loans under the same terms as purchase.
No reserves required on most products.
GREAT RATES

Available in 46 of 50 States (Excludes AK,CA,HI,NV, DC)
No Points (unless quoted), No PMI, No Prepayment Penalty
680+ credit score solutions available
No Limitations on Time in Practice
W2 employees close up to 90 days in advance of start date * Conditions Apply
1099 employees close up to 60 days in advance of start date * Conditions Apply
Gift Funds OK for down payment, reserves or closing costs
Up to 50% DTI
Cash Out Refinance Financing Available
1-2 Unit Primary Residence including Townhomes, Warrantable Condos and Non-Warrantable Condos *
Conditions Apply

• Student Loan Debt omitted in debt ratios if deferred at least 12 months.
• Ability to use income based repayment schedule if not deferred for 12 months.
• No restriction on time in the field.
• Gift Funds allowed for closing costs, down payment, and reserves.
• Retirement Accounts acceptable for reserves.
• 1099 Income without a 2 year history allowed with a guaranteed minimum.

Student Loan Debt omitted in qualifying ratios if deferred at least 12 months
Ability to use income based repayment schedule if not deferred for 12 months

No limit on time elapsed since the completion of training

Financing available for single family, condos, and two family owner occupied residences

Warrantable and non-warrantable condos allowed

Available to US Citizens, Permanent Resident Aliens, Non Permanent Resident Aliens, and Foreign Nationals

For other professionals we have Our First Time Homebuyers program with up to 100% financing available with no PMI.

Second Home Financing available up to 90% financing.

Construction Financing available up to 90% financing (AZ, CO, IL, IN, MI, NC, SC, and WI)

Please contact the Mortgage Loan Officer listed above covering the state in which you are purchasing.

Low fixed and variable APRS. Streamlined approval and application process. Here at Bell Bank we also service all of our loans and do not sell or transfer the loans to another servicer. Student loan payments can be omitted from the debt structure if we can show the payments will be deferred for at least 12 months.

CrossCountry’s Physician Loan Program offers low and no down payment options for Medical Doctors, Dentists and Veterinarians. Our program includes flexible underwriting guidelines such as the ability to use future employment, 1099 contract income, gift funds, and relaxed student loan qualifications.

We value your contributions as healthcare professionals, so we also offer our Preferred Mortgage Savings to members of the White Coat Investor community. Through this affinity program, we will waive our lender and appraisal fees, providing a savings of up to $2198.

Ready to get started? Contact the loan officer for your state to learn more and complete our online application.

Whether you just began your residency or you are an established physician, Liberty FCU is dedicated to helping you secure the home of your dreams.

This program is available to residents, fellows, new, and established physicians alike. ⁴ We will gladly work with you and your busy schedule. Pre-qualification can be done easily online or through email.

Pioneers in this space, Best Customer Service, Experienced

Superior service, loan exceptions available and flexibility in underwriting.
Working exclusively with medical professionals.
Offer both fixed and adjustable rates with low down payment and no PMI
Also offer construction to permanent loan
Flexibility with student loan payments

Why NEO Says “YES”

“After two big banks declined us for lack of 1099 history, NEO approved our $1.4 M jumbo and closed in 16 days.”
— Dr. Lance ⭐⭐⭐⭐⭐

Your 3-Step Plan

1. Schedule a 15-Minute Strategy Call
2. Upload Your Story (contract, practice paperwork, locums schedule)
3. Close With Confidence—and move in on your timeline

Start Now: https://www.medicalprofessionalhomeloans.com/wcihomeloans/

Stop Letting “No” Define Your Home-Buying Journey

Join thousands of White Coat Investor readers who turned complex finances into confident home ownership with NEO.

No time restrictions on when a client starts their new employment vs. the closing date if they have enough reserves.  Most other lenders limit the purchase date to 60-90 days before starting a new position.  We also allow business assets and gift funds for the down payment, closing costs and reserves.  Debt-to-income ratios up to 50%.  No 2-year history is required for physicians hired as a contractor or 1099 employee. Available nationwide (except CA), 2-unit properties eligible, flexibility for newly self employed.

To recap our physician loan offering comes with the following strengths:

• 100% financing up to $1M
• 5% down up to $1.75M
• 10% down up to $2.5M
• ALL with no mortgage insurance!
• Gift funds are acceptable
• 30 year fixed, 7 year and 10 year ARMs all available
• Very competitive interest rate offerings

First Community Mortgage also offers an extensive list of products that even outside of our physician loan program will allow us to customize and tailor the best possible loan offerings for each and every client that we work with. We are committed 100% to best-in-class customer service and will make sure each and every client is afforded the opportunity to understand all best case options that are available to them.

BMO Bank developed and began offering a physician loan program in 2015.  The program has been expanding and growing for the past 8 years.  All of the Loan Officers listed specialize in the physician loan product. These 3 loan officers have a wealth of knowledge and experience to handle any scenario imaginable.  We can quickly determine what options are available within BMO’s loan options to structure a loan to fit your needs.  We have dedicated processors and underwriters to ensure a smooth lending process and quick closing.  We look forward to earning your business!