Primis Bank

Primis Bank offers a specialized Physician Loan Program designed to help medical professionals purchase a home with more flexibility than many traditional mortgage options.

This program is built for doctors and other eligible medical professionals who may have strong future income but face common challenges such as student loan debt, limited down payment savings, or income that has not fully started yet.

Program highlights may include:

  • Up to 100% financing for qualified medical professionals
  • Little-to-no down payment options
  • No private mortgage insurance required
  • Qualification may be based on expected income
  • Flexible underwriting for physicians, residents, fellows, and eligible medical professionals
  • Designed to help simplify the homebuying process during major career transitions

Primis Bank understands that medical professionals often follow a different financial path than traditional borrowers. The Physician Loan Program is structured to recognize that future earning potential, contract-based income, and student loan obligations may require a more customized lending approach.

Whether you are finishing residency, starting a new attending position, relocating, or purchasing your next home, this program can provide a strong financing option with guidance tailored to your profession.

All loans are subject to credit approval and program guidelines. Primis Mortgage Company is a subsidiary of Primis Bank, Member FDIC. Primis Mortgage notes that eligible medical professionals may qualify for 100% financing with no private mortgage insurance required.

Loan Officers

Tommy Jarrett (NMLS #742280)

STATES:  AZ, LA, MI, NC, TN, UT
EMAIL:  [email protected]
PHONE:  615-569-5713

Terms

7/6/ 10/6 30 and 15 year fixed

Professions

MD, DO, DDS, DMD, Resident, Fellows, PA, DVM, RN, CRNA, DC, OD, DPM, Pharmacist, Attorney

Strengths

Primis Bank’s Physician Loan Program is designed for medical professionals who may have significant student debt but strong future earning potential.

Key strengths include:

  • Up to 100% financing for loan amounts up to $1 million, allowing qualified physicians to purchase a home with no down payment.
  • No Private Mortgage Insurance (PMI) required, even with little or no money down, helping reduce monthly housing costs.
  • Flexible income qualification, including the ability to use a signed employment contract or expected future income, which can benefit residents, fellows, and newly practicing physicians.
  • High loan limits, with financing available up to $2.5 million for qualified borrowers.
    Broad eligibility for a range of healthcare professionals, including physicians, dentists, veterinarians, optometrists, podiatrists, chiropractors, and certain specialists.
  • Designed for early-career medical professionals, recognizing that high student loan balances do not necessarily reflect long-term repayment capacity.

These features help physicians preserve cash for relocation, student loan repayment, emergency savings, or other financial priorities while still achieving homeownership.

The program is particularly attractive because it combines low upfront cash requirements, no PMI, and specialized underwriting that accounts for future earning potential, making it easier for many medical professionals to qualify compared with traditional mortgage products.

Disclaimer

Primis Mortgage Company is a subsidiary of Primis Bank, Member FDIC. Primis Mortgage NMLS #1894879. Equal Housing Lender. All loans are subject to credit approval, underwriting approval, program guidelines, and property approval. Terms, conditions, eligibility requirements, loan amounts, and program availability are subject to change without notice. This is not a commitment to lend. Physician loan program availability may vary by state, loan amount, occupancy type, borrower qualifications, and other factors. Not all applicants will qualify. Additional restrictions may apply.