Our Medical Professionals mortgage program is built specifically for physicians and other clinicians. This portfolio program is designed around the realities of a medical career rather than a one-size-fits-all underwriting box. Whether you're a resident finishing training, a fellow relocating for a first attending role, or an established physician, it's structured to help you buy sooner while preserving your cash.
Highlights:
– Up to 100% financing (no down payment) on loans to $1.5M, or to $2M with a 720 credit score
– No private mortgage insurance (PMI) at any loan-to-value
– Loan amounts up to $2,000,000
– Qualify on a signed employment contract or offer letter with a start date up to 150 days after closing
– Gift funds may cover 100% of your down payment, closing costs, and reserves
– Fixed-rate (15/20/25/30-year) and adjustable-rate options
The result is a common-sense, fully underwritten loan that recognizes your earning potential, so a high debt-to-income ratio or a job that hasn't started yet doesn't stand between you and the right home.
Fixed-rate (15/20/25/30-year) and 5, 7 and 10-year adjustable-rate options
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, DPM, Pharmacist, DNP
Top 3 strengths of the Medical Professionals mortgage:
– 100% financing up to $2M with no PMI. Put nothing down and still avoid private mortgage insurance entirely — up to $1.5M at a 680 score, or the full $2M at 720. That keeps your cash free for your practice, a move, or paying down student debt.
– Gift funds can cover everything. Eligible gift funds may be used for 100% of your down payment, closing costs, and reserves — with no minimum contribution required from your own funds. A family gift can effectively fund the entire purchase.
– Buy up to 150 days before you start. Qualify on a signed employment contract or offer letter with a start date up to 150 days after closing — so you can get settled before day one, not months after your move.
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee.
Compass, its affiliated brokerages, and OriginPoint, LLC share common ownership, and because of this relationship, the Compass-affiliated brokerage may receive financial and other benefits. You are not required to use OriginPoint, LLC as a condition of purchase or sale of any real estate. Restrictions may apply. Contact OriginPoint for current rates and for more information.