There is a bit of seasonality to physician financial issues, but nowhere is this more evident than with home-buying in the Spring.
Each of our recommended mortgage lenders give us specific information about each of their physician mortgage products. As you can see, there is quite a bit of variability from one to the next, so if a physician mortgage is something you want or need to use, then you'll need to do a little bit of work to see which is the best option for you. Remember that most lenders do not lend in every state, but there are multiple lenders for each state, so your first screening should be “who lends in the state I'm buying in?” So, click on the map below first to get an idea of what is available to you before proceeding with information about individual lenders.
Pick Your State:
The questions we ask our lenders are:
- What are the terms of your physician mortgage product?
- What types of professionals qualify for your program?
- What do you see as your doctor mortgage product's strengths over its competitors?
Remember, a doctor mortgage is a mortgage that doesn't charge you PMI despite putting down less than 20%.
The Best of Physician Mortgage Lenders and the Loans They Offer
Fairway Independent Mortgage Corporation *
Loan Officers:
Phone: 866-509-0779
*Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Copyright©2022 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. Fairway is not affiliated with any government agencies. AZ License #BK-0904162; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License; Georgia Residential Mortgage Licensee #21158; For licensing information, go to www.nmlsconsumeraccess.org; MA Mortgage Broker and Lender License #MC2289. MA Loan Originator License #MLO19775; Licensed Nevada Mortgage Lender; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker-NYS Department of Financial Services; Rhode Island Licensed Broker & Lender; Fairway Independent Mortgage Corporation NMLS ID #2289 (www.nmlsconsumeraccess.org). Equal Housing Opportunity.
Rate *
Our medical loan is a specialized mortgage program designed for physicians and other eligible medical professionals. This portfolio product recognizes the unique financial profile of doctors, including high student loan balances and recent career starts.
Key highlights may include:
Up to 100% financing for qualified borrowers
No private mortgage insurance (PMI)
Flexible treatment of student loan debt
Loan amounts up to high-balance/jumbo ranges
Designed for MDs, DOs, DDS/DMD, DPM, and other approved medical professionals
This program is ideal for residents, fellows, and practicing physicians who want to purchase a primary residence without waiting years to save a large down payment.
Guidelines, eligibility, and loan limits vary. Borrowers must qualify based on credit, income, assets, and program requirements.
If you’re a medical professional looking for a smarter path to homeownership, let’s explore whether this program fits your goals.
Unlock specialized financing with high limits and flexible credit tiers tailored for healthcare experts.
Tier 1: FICO 720+
100% Financing up to $2,000,000
89.99% Financing up to $2,500,000
Tier 2: FICO 680–719
100% Financing up to $1,500,000
95% Financing up to $2,000,000
75% Financing up to $2,500,000
Available Loan Terms
Fixed Rates: 10, 15, 20, and 30-year terms.
Adjustable Rates (ARMs): 5, 7, 10, and 15-year options.
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, DPM, Pharmacist
The Medical Professional Advantage
Speed & Confidence: Start with a no-cost pre-approval via soft credit pull. Upgrade to a “Power-Bid” fully underwritten pre-approval to compete like a cash buyer.
Career-First Closing: Close on your home up to 150 days before your employment start date using your future contract.
Flexible Qualifications:
Debt-to-Income (DTI) ratios up to 50%.
Low reserve requirements (0–6 months); gift funds and non-occupant co-borrowers are welcome.
Asset depletion and 1099 income considered.
Ownership Freedom: No pre-payment penalties and re-casting options available. Eligible for U.S. Citizens, Permanent/Non-Permanent Residents, and Foreign Nationals.
Property Variety: Covers 1–2 unit homes, warrantable/non-warrantable condos, PUDs, townhomes, and modular homes.
Zero Out-of-Pocket: Can be paired with seller concessions for a potential no-money-down closing.
Comprehensive Lending Suite
Beyond medical-specific loans, Richard provides a full spectrum of financing through the Rate Loan Selection:
Standard & Government: Conventional, Jumbo, VA, FHA, USDA, and Down Payment Assistance.
Investment & Equity: DSCR financing for rentals, second homes, HELOCs, and 2nd mortgages.
Non-QM Specialty: Bank statement loans, P&L-based qualifying, bridge loans, ITIN, and Fix & Flip financing.
Phone: 925-639-5347
Phone: 727-251-4713
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. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply.
Guaranteed Rate, Inc. D/B/A Rate; NMLS #2611; For licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Conditions may apply.
My City Home Loans *
At My City Home Loans, we combine over 100 years of collective mortgage experience with a modern, relationship-driven approach to lending. Our team has helped thousands of clients navigate the home financing process with clarity, confidence, and efficiency.
In a competitive and fast-moving housing market, working with a knowledgeable local lender matters. We understand community-specific taxes, state regulations, and the subtle details that can impact underwriting and closing timelines. That insight allows us to anticipate obstacles, streamline the process, and keep transactions on track.
We are committed to proactive communication and personalized guidance from application to closing. Every client receives direct access to a dedicated team focused on responsiveness, transparency, and solutions — not surprises.
Our goal is simple: to deliver a smooth, well-structured mortgage experience while building a long-term lending partnership you can rely on throughout your career.
At My City Home Loans, we don’t just close loans — we help you move forward with confidence.
5 and 7 year ARM's and 30 year Fixed
MD, DO, DDS, DMD, Resident, PA, NP, DVM, RN, CRNA, DC, OD, DPM, APRN, Pharmacist
Pricing is very aggressive.
Phone: 517-442-4333
FOR INFORMATIONAL PURPOSES ONLY – This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to underwriting approval. Terms, conditions, and restrictions are subject to change based on an applicant’s eligibility and market conditions. My City Home Loans, Inc offers Equal Housing Opportunity NMLS#2468515 (www.nmlsconsumeraccess.org) Privacy policy: https://www.mycityhl.com/privacy-policy State License Page: https://www.mycityhl.com/discliamers 
Central Bank *
Central Bank has established a top-tier Professional Loan Program. With extensive experience in the mortgage field and a specialized focus on serving Physicians, Dentists, Attorneys, and various other Professionals, Cole Griggs leads the way. Our commitment is to provide a seamless and expert experience for all buyers, guiding them from start to finish.
- 100% Financing up to $1.25 million (up to 1.5mm in CO & FL), 90% Financing up to $2 million
- No Private Mortgage Insurance
- Financing available for Single Family Residences
- Available to US Citizens, Permanent Residents, and Non-Permanent Residents
- 700 Minimum Credit Score Required
- Available to many other professions as listed below
MD, DO, DDS, DMD, Resident, Fellows, Attorney, Engineers, Professor w/PHD employed by University
- 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 & RVU based Income without a 2 year history allowed with a guaranteed minimum.
Phone: 317-446-0904
Owner occupied, single-family dwellings only. Purchase of primary residence or rate-term refinance. 1Offered to residents or fellows earning at least $45,000 per year. All other eligible professions require earnings of at least $90,000 per year. This is not a commitment to lend or extend credit. 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. All rates, programs and fees are subject to underwriting guidelines and are subject to change without notice. Other restrictions may apply. See bank for details. The Central Trust Bank NMLS #407985 MEMBER FDIC 238 Madison St, Jefferson City, MO 65101. Copyright Central Bancompany. All rights reserved. Equal Housing Lender.
Cornerstone Home Lending *
15, 20, 25 30 Year Fixed, 5/6, 7/6, 10/6 ARM
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DPM, Pharmacist, Attorney
Our Advanced Medical Professional Loan program is available to a wide range of licensed professionals including MD, DO, DVM, PharmD, DDS, DMD, medical residents, CRNAs and other qualifying advanced medical fields. The program offers up to 100% LTV with no MI and a minimum credit score of 680. It includes 30-year fixed terms along with additional fixed and adjustable options. Gift funds are permitted, co-signers are allowed, and income flexibility is available for contract and 1099 borrowers. For residents currently in training, student loan debt may be omitted for qualifying purposes.
Phone: 505-553-2059
Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. Member FDIC | NMLS #2258
Movement Mortgage *
Movement Mortgage’s Medical Professional Program is designed to deliver the white-glove service you deserve. As a top-10 residential lender in the nation, paired with the guidance of a seasoned Loan Officer with over 20 years of experience, you can feel confident you’re in good hands.
This program is built specifically for medical professionals, offering solutions tailored to your unique financial profile—including no down payment options, flexible income qualification guidelines, and accommodating student loan calculations.
Movement Mortgage was founded with the goal of being different focused on strong relationships, clear communication, and delivering an exceptional experience from start to finish.
- 30 Year Fixed and ARMs Available
- Up to 100% to $2,000,000
- No mortgage insurance
- Primary residences
- Up to 50% Debt-to-Income ratio
- No prepayment penalties
- Purchases and refinances
- Delayed Purchase Refinancing allowed (property purchased by borrower for cash within six months)
- Restrictions apply. Please reach out for specific scenarios.
MD, DO, DDS, DMD, Resident, Fellows, DVM, RN, CRNA, DPM, Pharmacist
- Permanent Resident Aliens, and Non-Permanent Resident Aliens allowed
- Self-Employment with less than 2 years
- Future employment contracts including 1099 contracts
- Asset depletion can be used to supplement qualifying income
- Gift funds are eligible for reserves
- Flexible student loan calculations
- Restrictions apply. Please reach out for specific scenarios.
Phone: 630-697-7148
Phone: 608-695-1880
New American Funding
New American Funding's Physician Loan Program is designed to help physicians and select medical professionals purchase or refinance a primary residence with greater flexibility than traditional jumbo financing. Eligible borrowers include MDs, DOs, DDS/DMDs, PharmDs, veterinarians, CRNAs, and medical residents, fellows, or interns with an executed employment contract or offer letter.
The program allows up to 100% financing with no private mortgage insurance, on loan amounts up to $2,000,000, helping physicians preserve liquidity early in their careers. Both fixed-rate and hybrid ARM options are available, with fully amortizing terms and manual underwriting that takes into account the unique income trajectories of medical professionals.
A key feature is the student loan payment exclusion for borrowers in residency or fellowship, allowing deferred or income-based student loans to be excluded from debt-to-income calculations when specific criteria are met. Non-occupant co-borrowers are permitted in limited circumstances, and projected income from signed employment contracts can be used prior to start date.
This program is available for 1-unit primary residences only and is intended for well-qualified medical professionals seeking flexibility, simplicity, and efficiency in today’s high-cost housing markets.
Fixed-rate (15, 20, 25, and 30-year) and hybrid ARM options (5/6, 7/6, 10/6), fully amortizing. Available for 1-unit primary residences only. Up to 100% financing with no PMI on loan amounts up to $2,000,000. Manual underwriting allows use of executed employment contracts and closing up to 150 days prior to start date. For qualifying residents and fellows, deferred or income-based student loan payments may be excluded from DTI calculations.
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, DPM, Pharmacist
This Physician Mortgage Loan Program is designed to accommodate the income structure, liquidity priorities, and career transitions common among medical professionals. The program offers up to 100% financing with no mortgage insurance, including loan amounts up to $2,000,000 for borrowers with a 720 FICO score and up to $1,500,000 for borrowers with a 680 FICO score.
Qualifying medical residents and fellows may exclude deferred or income-based student loan payments from debt-to-income calculations. Borrowers may also qualify using a fully executed future employment contract, with a start date up to 150 days after closing, allowing physicians to purchase a home ahead of a scheduled job transition.
The program permits debt-to-income ratios up to 50% for loans at 95% LTV or less, and up to 45% for loans between 95.01% and 100% LTV. Loans are manually underwritten, providing flexibility for complex income scenarios. Non-occupant co-borrowers are allowed, with contributing income limited to no more than 50% of total qualifying income.
Phone: 312-505-6164
On Path Credit Union *
- Credit score requirements to 680
- Designed for professional income structures
- 0% down payment required
- No private mortgage insurance (PMI)
- Fixed or ARM options available
- Refinance options available
- ARM and Fixed Options
MD, DO, DDS, Resident, Fellows
No PMI, Designed for professional income structures.
Phone: 504-250-8012
NMLS#401089. All loans subject to qualification, required documentation and credit approval. Certain exclusions may apply. Loan terms and availability subject to change. We Do Business in Accordance With the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Regions Bank *
Key Benefits for Physicians & Emerging Professionals
- Physician options for no down payment for loans up to $1 million; low down payment
options up to $2 million. - Low Down Payment Options for Emerging Professionals (lawyers and select medical
professionals starting their careers) up to $1 million. - No Borrower-Paid Mortgage Insurance required.
- Close Before Employment Begins – start your career and homeownership
simultaneously. - Available for medical physicians regardless of how long you’ve been practicing.
Who's Eligible?
Our custom loan programs are tailored to meet the needs of a variety of professions:
- The Regions Doctor Loan Program is available for medical physicians (MD, DMD,
DDS, and DO) regardless of how long you’ve been practicing. - The Regions Emerging Professionals Program is available to attorneys, certified
pharmacists, nurse anesthetists, physician assistants, nurse practitioners,
veterinarians, chiropractors, optometrists, or podiatrists with no more than 7 years in
their profession.
MD, DO, DDS, DMD, PA, NP, DVM, CRNA, DC, OD, DPM, Pharmacist, Attorney
Phone: 630-843-1302
Phone: 210-274-5011
Phone: 205-533-5943
Phone: 404-550-8106
Phone: 904-860-5564
Member FDIC © 2026 Regions Bank. NMLS# 174490. All loans subject to qualification, required documentation and credit approval. Certain exclusions may apply. Loan terms and availability subject to change. | Regions and the Regions logo are registered trademarks of Regions Bank. The LifeGreen color is
a trademark of Regions Bank.
Alliance Catholic Credit Union *
- 0 down, no PMI insurance up to $1,000,000
- 5% down, no PMI insurance up to $1,500,000
- 10%, no PMI insurance up to $2,000,000
- 5-year ARM, 7-year ARM., 30 year fixed
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, RN, CRNA, DNAP, DC, OD, DPM, APRN, CNM, Pharmacist, Attorney, PhD, Clinical Nurse Specialists, Psychologist, DNP, Licensed Occupational Therapist (Master's Degree or higher), SLP, Licensed Dental Hygienist, LPN, AA/CAA, Licensed Physical Therapist (DPT/Master/Bachelors)
- Low rate, low closing costs.
- No PMI
- Student Loans are not counted against income
Phone: 248-275-8601
Rates may vary and payment may increase after consummation. APR=Annual Percentage Rate. This is not a commitment to lend. All lending products are subject to credit and property approval. Refinancing an existing mortgage loan may cause the total finance charges to be higher over the life of the loan. Additional restrictions may apply. MFM (616 44th Street SE, Grand Rapids, MI 49548 | (866) 898.1818 | NMLS ID: 149532) is a Licensed Mortgage Lender/Servicer and a partner of Alliance Catholic Credit Union (28800 Orchard Lake Rd., Farmington Hills, MI 48334 | (248) 519.4812 | NMLS ID: 401254). For MFM’s state disclosure information, please visit MFM’s website. For NMLS licensing information, please visit www.nmlsconsumeraccess.org | Equal Housing Opportunity.
Guild Mortgage *
Our Doctor Loan Program offers 100% financing with no money down, designed specifically for physicians and healthcare providers starting or advancing their practices.
Eligible borrowers include Medical Doctors with a minimum of an M.D., D.O., D.D.S., or D.M.D. degree and an employment contract. Dentists, Podiatrists, Ophthalmologists, and Veterinarians are also eligible for this program.
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, OD, DPM, Pharmacist
No mortgage insurance, up to 100% financing, residents and fellows are eligible.
Phone: 303-960-0487
First Western Trust
First Western Trust – Professional Loan Program
First Western Trust offers a sophisticated mortgage solution tailored to doctors, dentists, attorneys, and CRNAs, recognizing the unique financial trajectories of high‑earning professionals. With loan amounts ranging from $600,000 to $1,500,000, the program allows for minimal or no down payment depending on the amount.
Borrowers benefit from flexible, premium features carefully designed for busy professionals:
No Private Mortgage Insurance (PMI)
No escrow reserves required
Student loan deferrals of 12+ months are excluded from debt-to-income calculations
ARM options available in 5‑, 7‑, or 10‑year terms
Qualify as early as 60 days before official employment begins
Minimum FICO score: 720
Why choose First Western Trust? Their boutique, relationship-driven model means all underwriting is handled in-house—no call centers, no off-site delays—ensuring a seamless, personal experience backed by exceptional service.
Loan amounts from $600,000 to $1,500,000.
$0 down up to $1,000,000
5% down up to $1,500,000
10% down up to $2,500,000
15% down up to $3,500,000
Available to doctors, dentists, DVMs, and CRNAs.
No PMI. No escrow reserves.
ARM options: 5‑, 7‑, 10‑year.
Student loans deferred 12+ months excluded from DTI.
Min FICO: 720.
Qualify up to 60 days pre‑employment.
Must have a fully executed employment offer and contract specifying all terms of the employment
MD, DDS, DMD, DVM, CRNA, CPA, Pharmacist, Attorney
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
Phone: 615-569-5713
Phone: 210-712-2562
BCU *
- Variety of portfolio products available.
- Student loans may be excluded from your debt ratio.
- Up to 100% financing – no mortgage insurance required.
- Home equity, bridge loans, and construction loans also available.
Next Steps:
Option 1: Have questions or a unique scenario? Schedule phone meeting here.
Option 2: Ready to apply or under contract? Apply here: BCU | Jonathan Brozek – Retail Mortgage Loan Officer for BCU – by clicking on the green “Get Started” tab below my photo. Important: To connect or apply, please use this link only — applying through the main website will route you to the call center, not to me, a physician loan specialist.
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, OD, Pharmacist
Phone: OFFICE - 224-207-2603/ CELL– 916-601-8782
Disclaimer:
Federally insured by NCUA. We Do Business in Accordance with the Federal Fair
Housing Law and the Equal Credit Opportunity Act
Atlantic Union Bank *
At Atlantic Union Bank, we recognize the hard work you put into getting where you are today as a medical professional. Whether you have years of experience as a doctor or are a recent grad with a contract for employment, we have a home loan program designed to fit your needs.
0% down for loans up to $1M; 5% down from $1M to $1.5M; 10% down from $1.5M to $2M
No mortgage insurance
No limit on the length of time out of residency
Student loans deferred for at least one year may be excluded from debt-to-income qualifications
Qualify using future income with an employment contract and a start date within 90 days of closing
Eligible for interest rate discount with an automatic payment from an Atlantic Union Bank deposit account
Fixed and adjustable-rate options
MD, DO, DDS, DMD, Resident, Fellows, DVM, DC, OD, DPM, Pharmacist
Combine our Medical Professionals Home Loan with our Certified Buyer Pre-Approval Program, which isn’t your standard pre-qualification. We’ll fully underwrite your loan to determine how much you could be approved for by verifying your information and documentation. This can make you as attractive as a cash buyer when negotiating for your home and may even make the difference between your offer being accepted over another!
Close your loan in as little as 10 business days after pre-approval. Compete directly with cash buyers and remove the need for a financing contingency.
Phone: 615-484-6690
*Maximum loan amount for licensed medical residents and interns is $750,000.
Atlantic Union Bank NMLS #551889. This is not a commitment to lend or extend credit. All loans, credit and collateral are subject to approvals. Terms, rates, data, programs, information and conditions are subject to change without notice. Specific program restrictions may apply so please consult your dedicated Mortgage Loan Officer for complete details. Owner-occupied residences only (single family homes, Fannie/Freddie warrantable condos and townhomes). Borrower(s) may only have one (1) Medical Professionals Program serviced by Atlantic Union Bank at any time. Not all loans or products are available in all states.
United Bank – Mortgage *
United Bank understands that as a medical professional, you may be in a unique financial situation that may make this program a good option for you. We combine personal care with a seamless digital homebuying experience designed to provide you with a customized, secure, and transparent mortgage solution. You will know where you are in the process and you can easily upload, sign, and submit required documents all in one place using our secure interface. We are with you every step of the way. Our intuitive technology allows you to connect with our trusted mortgage professionals from any location, on any device, anytime.
Professional Program1
- No down payment options available depending on loan amount and product type
- Primary Residence Only
- No Private Mortgage Insurance Required
- Adjustable Rate or Fixed options available
1Loan program is available in the following lending territory: VA, MD, DC, DE, GA, NC, SC, WV , KY**, OH**, and PA**
**Property must be located within 90 miles of a United Bank branch
Qualified doctors include PharmD, MD, DD, DMD/DDS, psychiatrists licensed as MDs and veterinarians (DVM or VDM). This program is also available to applicants still in residency, internship or fellowship (with certain restrictions).
MD, DO, DDS, DMD, Resident, Fellows, DVM, Pharmacist
Low Down Payment Options
No Private Mortgage Insurance Required
Purchases or No Cash-Out Refinances
Adjustable Rate or Fixed options available
Phone: 919-480-2075
United Bank | NMLS# 522399 (www.nmlsconsumeraccess.org) | Equal Housing Lender | Member FDIC. ADVERTISING NOTICE – NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. This is not a commitment to lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting, and program guidelines.
United Bankshares – Mortgage *
United Bank is doing business as United Bankshares in Georgia. United Bank understands that as a medical professional, you may be in a unique financial situation that may make this program a good option for you. We combine personal care with a seamless digital homebuying experience designed to provide you with a customized, secure, and transparent mortgage solution. You will know where you are in the process and you can easily upload, sign, and submit required documents all in one place using our secure interface. We are with you every step of the way. Our intuitive technology allows you to connect with our trusted mortgage professionals from any location, on any device, anytime.
Professional Program1
- No down payment options available depending on loan amount and product
- Primary Residence Only
- No Private Mortgage Insurance Required
- Adjustable Rate or Fixed options available
1Loan program is available in the following lending territory: VA, MD, DC, DE, GA, NC, SC, WV , KY**, OH**, and PA** **Property must be located within 90 miles of a United Bank branch
Qualified doctors include PharmD, MD, DD, DMD/DDS, psychiatrists licensed as MDs and veterinarians (DVM or VDM). This program is also available to applicants still in residency, internship or fellowship (with certain restrictions).
MD, DO, DDS, DMD, Resident, Fellows, DVM, Pharmacist
Low Down Payment Options
No Private Mortgage Insurance Required
Purchases or No Cash-Out Refinances
Adjustable Rate or Fixed options available
Phone: 919-480-2075
United Bank DBA United Bankshares. United Bank | NMLS# 522399 (www.nmlsconsumeraccess.org) | Equal Housing Lender | Member FDIC. ADVERTISING NOTICE – NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. This is not a commitment to lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), programs, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting, and program guidelines.
Guaranteed Rate Affinity *
Purchase and Refinancing
Financing Options (Based on FICO Score)
FICO Score is 720 or above, the following options are available:
- 100% financing to $2,000,000 no PMI
- 89.99% Financing to $2,500,000 no PMI
FICO Score is 680-719, the following options are available:
- 95% financing to $2,000,000 no PMI
- 100% financing to $1,500,000 no PMI
- 75% Financing to $2,500,000 no PMI
Loan Terms Available:
30, 20, 15 & 10-year fixed, plus 5/7/10/15-year ARMs.
MD, DO, DDS, DMD, DVM, CRNA, DNAP, DPM, Pharmacist, DNP
- No-cost pre-approval with a soft credit pull
- “Power-Bid” Fully underwritten pre-approval
- Ability to close up to 150 days before employment start date
- Eligible property types include 1–2 unit homes, condos (warrantable & non-warrantable), PUDs, townhomes, and modular homes
- DTI up to 50%
- Low reserve requirements from 0-6 months (gift funds allowed)
- Non-Occupant Coborrower allowed to qualify
- Can be paired with seller concessions to purchase without any out of pocket funds.
- Options for credit towards departure residences
- Eligible for U.S. Citizens, Permanent Residents, Non-Permanent Residents, and Foreign Nationals
- Flexible underwriting, including future employment contracts, 1099 income, and gift funds
- Asset depletion allowed for qualifying.
- No Pre-Payment penalties
- Re-Casting available
Additional Mortgage Programs
Beyond the Medical Professional Program, we also offer:
- Conventional & Jumbo loans
- Second homes
- Investment properties (DSCR financing)
- HELOCs, HELOANs, and 2nd mortgages
- VA, FHA, USDA
- Down Payment Assistance
- Non-QM options: DSCR, bank statements, asset utilization, 1099, P&L, bridge loans, reverse mortgages, ITIN, Fix & Flip, and more
Phone: 914-434-5036
Phone: 612-730-8282
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. Refinancing your mortgage may increase costs over the term of your loan.
Restrictions may apply.
Guaranteed Rate AƯinity, LLC is a subsidiary of Guaranteed Rate, Inc.; NMLS #1598647; For
licensing information visit nmlsconsumeraccess.org. Equal Housing Lender. Conditions
may apply.
AMC Mortgage *
At AMC we proudly serve the medical community with home loan options to meet their unique situations. Whether you are just starting your career in residency or a seasoned professional, we have many options to help you with this journey.
- 103% financing up to $1,500,000
- 95% financing for anything greater than $1,500,000
- 90% financing for Second Homes
- No Private Mortgage Insurance
- Residents and Fellows are eligible
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, CRNA, DNAP, DC, OD, DPM, APRN
- No Private Mortgage Insurance
- Potentially no money out of pocket with 3% being used for closing costs and escrow
- Close up to 120 days before you start your job with a employment contract or offer letter
Phone: 918-949-1031
Phone: 479-309-0600
Programs, rates, terms and conditions are subject to change without notice. Other terms and conditions apply. All loans are subject to credit and collateral approval.
Revolution Mortgage *
We offer 30yr and 15yr fixed and 3,5,7,10 year ARM programs.
100% financing up to $1 million, 95% financing up to $1.75 million, and 89.9% from $1.75 – $2 million.
No private mortgage insurance (PMI).
Purchase and rate and term refinance available.
Primary residence and condos allowed; non-warrantable condos (90% LTV).
Will close up to 90 days prior to new employment start date with employment contract.
MD, DO, DDS, DMD, Resident, DVM, DPM
The Physician Mortgage Program at Revolution Mortgage offers greater flexibility on your debt-to income (DTI), no private mortgage insurance (PMI), a lower down payment and higher loan limits than most traditional mortgage programs.
Phone: 614-581-1921
Equal Housing Lender. Rates and Programs can change without notice. 
Horizon Bank *
Purchase, refinance, construction – Primary or Secondary residence
Practicing or starting employment within 90 days
Available in MI, IN, IL (only the greater Chicago and 5 surrounding counties)
MD, DO, DDS, DMD, Resident, Fellows, PA, DVM, CRNA, OD, DPM, Pharmacist, DPT, CSA, Professor w/PHD employed by University, Head Coach employed by University
Phone: Office - 517-816-4132/Cell - 517-256-5364
Hancock Whitney Bank *
At Hancock Whitney, we are a very highly trusted financial institution serving the Gulf Coast for over a century, and we are committed to helping medical professionals achieve homeownership with exclusive mortgage solutions designed to meet your unique needs. Exclusive discounted rates with a banking relationship can be offered as part of our physician loan. We do also offer other creative financial solutions, and we do have other very attractive loan programs with some of the most aggressive pricing in the south. Whether you are beginning your medical career or are an established professional, our specialized mortgage solutions provide a seamless, stress-free path to homeownership. Experience the difference of working with a bank that understands and supports physicians.
- 100% financing up to $1 Million with 2 months reserves, 700 Credit score
- 100% financing up to $1.5 Million with 4 months reserves, 720 Credit score
- 95% financing up to $1.75 Million with 6 months reserves, 720 Credit score
- 90% financing up to $2 Million with 6 months reserves, 720 Credit score
- No Private Mortgage Insurance (PMI)—keep your costs lower
- Available to Medical Doctors (MD, DO, DPM, OMS, DMD, residents with MD degree, and DDS)
- Flexible loan options: 15-year fixed rate or 5-, 7-, and 10-year adjustable-rate mortgages1 on 30 year terms
- Available for primary residences
- Minimum credit score of 700
- No first-time homebuyer requirement
- Close up to six months before employment begins—perfect for residency transitions
- Deferred student loans (at least 12 months) excluded from debt calculation
- Additional .5% in rate discount if you open up a banking relationship with Hancock Whitney Bank
MD, DO, DDS, DMD, Resident, Fellows, DPM, OMS
- Minimum credit score of 700
- No First Time Homebuyer requirement
- 1099 income-based contracts can be used as a form of income for the program (less than 12 months 1099 income approvals with a contract)
- Close up to 6 months before you begin employment
- Student loans deferred at least 12 months will not be included in your debt calculation
- Competitively priced loans with additional banking relationships
- No Pre-Payment penalty
Phone: 817-925-9393
1Adjustable-Rate Mortgage (ARM) products generally feature lower rates and payments early in the loan term, with rising rates and payments over the life of the loan. Hancock Whitney Bank, Member FDIC and Equal Housing Lender. All loans and accounts subject to credit approval. Terms and conditions apply. Bank NMLS# 45478
Extraco Mortgage
MD, DO, DDS, Resident, Fellows, PA, NP, DVM, OD, Pharmacist
- Designed for Medical Professionals
Available to licensed physicians (MD/DO), residents and fellows, physician assistants (PA), nurse anesthetists (CRNA), pharmacists (PharmD/RPh), dentists (DMD/DDS), optometrists/ophthalmologists, and select other healthcare professionals anywhere in Texas. - Low to No Down Payment Options
Up to 100% financing available on purchase or refinance of a primary residence — and even lot & land loans in select counties — helping you secure your home without waiting to build cash for a large down payment. - No Private Mortgage Insurance (PMI)
Save thousands over the life of your loan with no PMI requirement — one of the most-valued benefits for high-earning professionals with limited upfront cash. - Flexible Loan Terms
Choose from fixed or adjustable rate options to suit your financial goals and timeline. - Simple, Supportive Process
Customized service from experienced mortgage consultants who understand the unique challenges medical professionals face, including student debt and job transitions. - Statewide Availability
Extraco’s program is available across all of Texas, not limited to specific metropolitan areas, making it a strong choice for medical professionals relocating anywhere in the state.
To learn more, visit www.extracobanks.com/medical-
Phone: 254-231-6861
Novus Home Mortgage *
Our home loan for Medical Professionals or Physicians was designed to help those in the medical profession achieve their dreams of homeownership. At Novus Home Mortgage, we are committed to finding the right mortgage for our customers, including those who are committed to save lives. We understand your unique needs. You might have accumulated debt to become a healthcare professional, but we are here to help you! Our offering will help you buy a home early in your career, and sometimes even before you start your new job!
We are a nationwide portfolio and correspondent lender with in-house underwriting providing quicker closings.
We offer services for:
- Purchase
- Refinance
- Construction
For:
- Primary residence
- Second Home/Vacation Home
- Investment (LTR)
- Short Term Rental (STR)
- Multi-family and Mixed-use properties up to 8 units
Other products offered:
- Fannie Mae & Freddie Mac – Conventional, and High Balance
- Community Reinvestment Act (CRA)
- VA – No Loan Limit, No DTI Limit
- Jumbo – as low as 10% down
- FHA
- USDA
- ITIN – as low as 10.01% down
- Construction loans – Conventional & FHA (min 5% down), VA (min 0% down), Jumbo (min 20% down)
- DPA for qualified borrowers
- Non-QM – DSCR (LTR & STR), Business and Personal Bank Statement, 1099, Asset Depletion, etc
It’s attention to the “details” that sets apart the finest Loan Officers. Please reach out 24×7. My team and I are here to understand your mortgage and financial needs and find the best financing solution for you.
0% down up to $2 MM loan amount
10.01% down up to $2.5 MM loan amount
Min 680 FICO
30 yr fixed, 15 yr fixed and ARM's
Owner occupied Primary Residence
1 unit residential property – Single Family, Townhome, PUD, Condo
Non-Warrantable Condos are covered – min 10.01% down
Modular Homes
Rental income can be used to meet DTI requirement
50% Max DTI
No MI
No Prepayment Penalty
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DPM, Pharmacist
We say YES!
Yes to 1099 income without 2 yr history (conditions apply)
Yes to using future income to qualify – up to 180 days prior to start date (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 up to 40 acres (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 Bridge loan if you have equity in the current house and need to access it to purchase new home
Phone: 571-200-6180
Subject to credit approval. Terms and conditions may apply. VA is subject to VA eligibility requirement. Property insurance is required for all loans secured by property.
Novus Home Mortgage is a division of Ixonia Bank, NMLS #423065 | All Rights Reserved | novushomemortgage.com
Genisys Credit Union *
Genisys Credit Union Offers a Custom Tailored Physician Mortgages with loan amounts up to $5,000,000. Common sense approach based on demonstrating (ATR) ability to repay. We offer the lowest rates with highest LTV in the industry to qualified Physicians. We are full service financial institution offering all services from deposit to car loan. Our Specialty is high end Mortgages.
0% down to $1,500,000, 10% down to $2,000,000, 15% Down to $2,500,000, 20% to $4,000,000+ No Adjustments for Condos or New Construction Loans
5/6 ARM
7/6 ARM
10/6 ARM
10 Year Fixed
15 Year Fixed
20 Year Fixed
30 Year Fixed
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, DPM, Pharmacist, PhD
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
Phone: 231-463-6700
Phone: 248-705-0982
Phone: 586-764-1826
We Do Business in Accordance With the Federal Fair Housing Law and the Equal Credit Opportunity Act
PrimeLending *
PrimeLending – Medical Professionals Program1
A financing solution designed for medical professionals purchasing high value homes in
the $1.5M–$2M range who need maximum leverage while preserving liquidity. This
program is ideal for physicians and advanced clinicians who are relocating, beginning
new contracts, or managing student loans while entering luxury price points.
Your career path is specialized; your financing should be too. With flexible underwriting,
contract based qualifying, and options that consider student loan structures and early
career income patterns, PrimeLending supports medical professionals purchasing at the
top of their market.
We have been guiding people towards homeownership for over 30 years.
Appointments
Available after hours and on weekends.
Address: 655 Main Street, Suite 102 East Greenwich, RI 02818
- 100% financing up to $2,000,000 (No PMI)
- Credit History must cover a minimum of 24+ months. Minimum one active tradeline; nontraditional credit accepted 2
- Close up to 150 days before your employment start date
- Seller concessions permitted; potential for true $0 at closing
- Qualify using an employment contract (close before start date)
- Ownership of multiple properties permitted
- Options available for selfemployed medical professionals
- Loan types: 30/25/20/15year fixed; 5/6, 7/6, and 10/6 Adjustable-Rate Mortgages (ARMs) (fully amortizing)
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, DPM, Pharmacist, DNP
- 100% financing to the $2M level, ideal for buyers between $1.5M and $2M who want to preserve liquidity
- Options available to exclude student loan payments from DTI when guidelines permit
- Asset depletion allowable when eligible
- Flexible qualifying including non occupant co borrowers
- No prepayment penalties; recast options available
- Well suited for relocating physicians and clinicians starting new positions
Renovation Loan Programs (Separate Program)
Renovation loans are available for buyers purchasing luxury homes requiring improvements. These programs use after improved value for qualifying and cannot be combined with the 100% medical program.
Renovation Highlights:
- One loan with one monthly payment
- Renovation work begins after closing; funds released as milestones are completed
- Options include Conventional (Fannie Mae HomeStyle/EZ “C”), FHA 203(k), VA Renovation, Jumbo Renovation, and others
- Ideal for properties where improved value is a key component of financing
Additional Mortgage Programs
- Bridge3, renovation, and construction loans
- Home Equity Lines of Credit3
- Cash out refinancing4
- Conventional, Jumbo, VA, FHA
- Investment and Non QM programs including DSCR and bank statement options
(Product availability varies by state and borrower profile.)3
Phone: 914-420-1656
Product info as of 2/25/26, subject to change. PrimeLending is not affiliated with other mentioned companies.
1) Restrictions and limitations apply. Borrowers must hold a minimum of an M.D., D.O., D.D.S., DNP, DNAP or D.M.D. degree and have an active employment contract (or verification of terms of employment acceptance). MD, DO, DDS, DMD, MD, DO, PharmD, VMD, DPM, CRNA and medical residents, fellows, or interns with above mentioned degree are eligible. This program is not available for Chiropractors. Contact your PrimeLending loan officer for more details.
2) Borrower is required to have a credit score.
3) All credit decisions for brokered products will be made by a third party. Restrictions and limitations apply.
4) All loans subject to credit approval and meeting eligibility requirements. Restrictions apply. Must meet minimum equity requirements. By refinancing an existing loan, the payments and total finance changes may be higher over the life of the loan.
All loans are subject to credit approval. Rates and fees are subject to change. ©2026 PrimeLending, a PlainsCapital Company (PrimeLending). (NMLS: 13649) Equal Housing Lender. Rhode Island Licensed Lender and Loan Broker, Mortgage Banker Lic. No. 20102678LL and Broker Lic No. 20102677LB v010224. PrimeLending is a wholly owned subsidiary of a state-chartered bank and is an exempt lender in FL. V010918.
Climate First Bank *
Climate First Bank is a full-service bank with a laser focus on environmental sustainability and doing good. In 2021 we launched with one purpose: to create a Bank that centers the planet, people, and profit. This guiding principle has fueled the Bank's tremendous growth, evidence that we are succeeding not despite our mission, but because of it. Climate First Bank is the world’s first FDIC-insured digital community bank founded to combat the climate crisis today, was recognized as the fastest-growing new bank in the United States since 2009.
30-Yr Fixed
Must be active, licensed to practice in the U.S, license in good standing. NO limitations/suspensions of any kind per applicable state licensing website. Residents/fellows must provide evidence of employment to qualify for this program.
MD, DO, DDS, DMD, Resident, Fellows, DVM, DPM, OMS
100% Financing up to $4,000,000, No Mortgage Insurance, No pre-payment penalty, competitive interest rates, Minimum FICO score 680.
Phone: 321-663-8712
All loans subjected to credit approval. Some restrictions apply. Subject to change without notice
Homestead Funding Corp. *
Homestead’s Doctor Loan Program is “Just what the doctor ordered!” We take care of your home financing so you can take care of others. Our Doctors+ Loan is designed specifically to meet the unique financial needs of medical heroes like you! Often times medical professionals incur a significant amount of student loan debt which can make it difficult to qualify for traditional home financing. This program can help with these challenges.*
- Finance up to $1.5 million
- Down payment as low as 0% (call loan officer for details)
- No PMI
- 1-4 unit primary residences and warrantable condos
- Numerous medical professions are eligible**
- Minimum Credit Score 620***
- ARM & Fixed rate options available
- Available for Purchase and Rate/Term Refi
MD, DO, DDS, DMD, Resident, Fellows, DVM, DC, OD, DPM, Pharmacist, Attorney
- Student Loan Debt can be excluded from qualification when deferred until after closing.
- Non Occupying Co-Signer Allowed. Have a Family Member Co-Sign on your Mortgage
- Rental Income may be used in qualifying
- Sellers Concessions Allowed
Other Available Products and Programs
- One Close Construction Financing
- One Close home renovation Financing
- Vacation / 2 nd home Financing
- Investment Property Financing
- Closing Guarantee Program
Phone: 585-733-3889
Company NMLS# 3232. Information effective 1/19/24. Certain restrictions apply. The program is not available in all states per product guidelines, contact your Loan Originator for details. Guidelines and product availability are subject to change. Primary residence only. Purchase and Rate/Term refinance only. * Max. DTI= 45% Student loan excluded with documentation. **At least one occupying borrower must hold a valid license and be actively engaged within one of the eligible professional fields. *** Minimum of 3 trade lines for 12 months.
BOK Financial Mortgage *
Whether you are just starting out or are established in your professional career, BOK Financial Advanced Medical Professional (AMP) loan program provides innovative, in-house home financial solutions for select medical professionals. We offer fixed and variable rate options on primary home purchases and refinances. We can offer an additional 0.125% discount on interest rate when you open a BOK Financial checking/savings account and make your mortgage payment from that account.
With our program, you can be eligible for:
0% Down Payment for loans up to $1,500,000
5% Down Payment for loans up to $1,750,000
10% Down Payment for loans up to $2,000,000
15% Down Payment for loans up to $2,250,000
- No Mortgage Insurance
- Receive a .125% reduction on your rate by opening a BOKF checking/savings account & if an ACH payment draft is set up on the BOKF account for the mortgage payment
- When you become a BOK Financial client after closing, you will not pay lender fees (processing and underwriting) for future refinances or purchases
- There is no pre-payment penalty
- Recast options are available
- We will not sell your loan
- After closing, refinance once rates improve without a time limit or monetary penalty
- We will always service your loan
- A minimum FICO score of 700 is required
- Purchases or refinances (no cash out)
Please note: Our program is only applicable to primary residences, one-unit Single-Family Homes (detached and attached), Agency-eligible condos, and PUDs.
MD, DO, DDS, DMD, Resident, Fellows, CRNA, DNAP, DPM
Phone: 480-261-9269
BOK Financial® are trademarks of BOKF, NA. ©2024 BOKF, NA. Programs, rates, terms and conditions are subject to change without notice. Other terms and conditions apply. All loans are subject to credit approval.
Belay Bank *
114 year owned family bank with a loan officer with over 27 years of banking and mortgage experience. We have dedicated in house processors, underwriters, and closers to make sure the new purchase goes smooth.
5/6, 7/6, 10/6 or 15/6 ARM
MD, DO, Resident, Fellows, Attorney
Portfolio loan at 100% financing PTO $700K. 5% down with loans up to $1mil. Can close prior to contract start date, with conditions met and 1st payment due after start date.
Phone: 531-283-1795
My NMLS #623814 , First Bank NMLS # 551928.
Flagstar Bank
Flagstar Bank is historically one of the largest lenders in the US, ranking in the top 10 nationally for residential mortgage origination. We are licensed to lend in every state. Relationship pricing is available for Private Clients and loan amounts up to 10 MM.
Low down payments for Doctors, Attorneys, CPAs and certain other professionals. Are you looking for a low down payment and a competitive rate? We offer a uniquely flexible loan program for Conventional and Jumbo buyers in certain occupations.
5/6 ARM, 7/6 ARM , 10/6 ARM
PURCHASE OR REFINANCE
Single Family, Condo’s, Co-ops, PUD’s
No PMI (Private Mortgage Insurance)
Employment contract/future income allowed – close 90 days prior to start date
Self-employed allowed
IBR payments allowed for student loans
Seller contributions allowed
Loan recast available
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, RN, CRNA, CPA, DNAP, DC, OD, DPM, APRN, CNM, Pharmacist, Attorney, Pilot, PhD
Finance up to 100% of the value and/or price of the property without mortgage insurance.
Can be paired with seller concessions to buy a property with nothing out of pocket.
High income, high net worth individuals are invited to become Private Client banking
members and enjoy enhanced product offerings.
Phone: 925-595-5863
Phone: 803-231-8441
Phone: 925-354-3636
Phone: 248-935-3591
Phone: 917-304-1817
Liberty Bank *
Liberty Bank's Physician Mortgage has unique benefits just for medical doctors and dentists that make it easier to purchase a home.
100% financing up to $850,000. 100% financing goes up to $1,000,000 with credit scores greater than 720.
97% financing up to $1,000,000
95% financing up to $1,500,000
Lender-paid Private Mortgage Insurance (PMI)
Potential to use future income for determining eligibility (employment contracts)
Exclusion of student loans based on certain parameters.
Eligible Properties: Single Family or Condo
Primary Residence Only
Additional terms and conditions apply. Ask a loan officer for details.
MD, DO, DDS, DMD, Resident, Fellows, CRNA, DPM
Established in 1825, Liberty Bank is the oldest and largest independent mutual bank in the country. Our mission is to improve the lives of our customers, teammates, and communities for generations to come. While our digital tools make for an easy, convenient, and streamlined process, your Physician Loan will be handled personally by a local team of lending professionals from start to finish.
Phone: 978-578-6176
Phone: 860-912-3012
| NMLS #459028 | Loans subject to credit and underwriting approval |
Clarity Home Lending *
Clarity Home Lending specializes in providing comprehensive mortgage solutions to residents of the Dallas-Fort Worth area, including new home loans and mortgage refinancing. Recognized as an approved lender for Texas FHA, VA, and USDA loan programs, Clarity offers competitive rates and low fees, catering to a range of homebuyer needs. Whether you're purchasing your first home, looking to refinance, or exploring loan options such as the 30-Year Fixed-Rate or exclusive programs like the ‘$7K, Your Way' for down payments and closing costs, Clarity Home Lending is dedicated to making homeownership affordable and accessible.
Physicians may qualify for 0% down financing on loan amounts up to $2 million.
Recent W-2 to 1099 options available with no prior 1099 history
Our specialized loan programs are designed to support professionals in high-earning career paths. At least one borrower whose income is being used to qualify must be one of the following eligible professional designations.
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DNAP, OD, DPM, Pharmacist
Borrowers must hold a minimum of an M.D., D.O., D.D.S., DNP, DNAP or D.M.D. degree and have an active employment contract (or verification of terms of employment acceptance).
Non-occupant co-borrowers are eligible; however, non-occupant contributing income must be less than or equal to 50% of total qualifying income.
Select medical professionals early in their careers — may qualify for zero down payment options on loans up to $2 million.
No mortgage insurance required.
We do not consider student loans in the debt to income ratio.
Close up to 150 days before your employment begins, allowing you to start your career and homeownership at the same time.
Available to medical physicians regardless of how long you’ve been practicing. Select medical professionals can even qualify before they start practicing.
Phone: 972-210-9264
NMLS# 621901
Bank of Texas *
Whether you are just starting out or are established in your professional career, Bank of Texas Advanced Medical Professional (AMP) loan program provides innovative, in-house home financial solutions for select medical professionals. We offer fixed and variable rate options on primary home purchases and refinances. We can offer an additional 0.125% discount on interest rate when you open a Bank of Texas checking/savings account and make your mortgage payment from that account.
- Primary residence only
- Purchases or refinances (no cash out)
- Discounted 0.125% interest rate option available for borrowers who have a qualifying Bank of Texas checking/savings account and agree to make a mortgage payment via ACH from that account
- Must be US citizen or permanent resident status
MD, DO, DDS, DMD, Resident, Fellows, CRNA, DNAP, DP
- 0% down payment up to $1.5 million
- 5% down payment up to $1.75 million
- 10% down payment up to $2 million
- 15% down payment up to $2.25 million
- No mortgage insurance required by borrower
- Competitive fixed and variable rate options
- No origination fee
- Student loans deferred greater than 12 months from closing are not considered in debt-to-income ratio
- Student loans placed on income-based repayment plans are allowed 700 FICO
- Low reserve requirements
Phone: 972-372-5244 (work) 903-714-2012 (cell)
Bank of Texas and BOK Financial® are trademarks of BOKF, NA. Member FDIC. Equal Housing Lender. ©2024 BOKF, NA. Programs, rates, terms and conditions are subject to change without notice. Other terms and conditions apply. All loans are subject to credit approval.
Together Credit Union *
0% down to $1.25 million.
5% down to $1.5 million.
10% Down to $2 million.
15% Down Greater than $2 million.
15-year Fixed; 10/6 ARM and 5/6 ARM.
Purchase or Refinance.
Cash-out Refinance available up to 80% LTV.
Primary and Second Homes.
Federal student loans are excluded from Underwriting, if deferred for 12months or longer.
Seller Assist permitted up to 3% with LTV greater than 90%; 6% allowed with LTVs of 75.01 to 90%; and 9% allowed on LTVs at/or below 75%.
No PMI.
No Pre-Payment Penalty.
Conventional and Jumbo Financing Available.
Must be eligible for membership in Together Credit Union.
MD, DO, DDS, DMD, Resident, Fellows, CRNA, DPM, Pharmacist
As a Credit Union, we offer lower rates and cost as well as higher yielding checking and savings accounts.
Offer Letter acceptable – must start within 120 days of closing.
100% Financing up to $1.25 million for both Primary and Second/Vacation Homes.
1099 Contracted employees acceptable (upon review).
Minimum Credit of 680 (use the middle of the 3 bureaus) – No Credit Score Adjustments!
Please contact Kent for a Lender Credit of $500 at closing – Promo Code: Kent2026
Phone: 314-503-1083
Rates and Programs can change anytime without notice.
Susser Bank *
A mortgage team that is dedicated to best-in-class service and committed to making your dream home a reality. With decades of experience and deep market knowledge, our local teams offer the expertise and responsiveness to put your mind at ease, along with competitive pricing backed by the long-term stability of Susser Bank.
Primary residence only. Purchase, refinance, and Texas A4. Must be US citizen or permanent resident status. Borrower must be within 10 years of the start of their profession.
MD, DO, DDS, DMD, Resident, Fellows, DVM, OD, DPM, Pharmacist, Attorney
Up to 100% financing. No mortgage insurance required. No origination fee. Student loans deferred greater than 12 months from closing are not considered in debt-to-income ratio. Low reserve requirements.
Phone: 713-766-4996
Mortgage loans are subject to credit approval and property eligibility. Products, rates, terms, conditions, and availability are subject to change without notice and may vary based on credit qualifications, loan amount, loan-to-value, and property type. This advertisement is not a commitment to lend.
Civista Bank
Our physician loan program offers zero down payment up to $1,000,000, 5% down up to $1,500,000, and 10% down up to $2,000,000. The physician loan program does not charge any PMI (mortgage insurance).
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DPM
- We cover appraisal fee
- Allows physician to use new employment contract as qualifying income up to 6 months before start date (longer start dates can be considered)
- Construction draw loans
- Allow renovation financing on existing homes
- Vacation homes eligible for physician loan program
Phone: 419-318-8985
Alliant Credit Union *
Alliant Credit Union has created an industry leading Medical Professional Loan Program available in all states except Maryland.
No PMI. Closing available 90 days before employment starts. Minimum FICO score of 700 to qualify. Maximum debt to income ratio 45%. Medical Professionals may borrow 100% up to $1,250,000, 95% financing up to $1,500,000, and 90% financing up to $2,000,000. Most lenders require that you have completed training within the last 10 years, Alliant Credit Union has no such limit.
Conforming & Non-Conforming
Fixed & Adjustable Rate
30- & 15- Year Fixed, 5/6, 7/6, 10/6 ARMs
MD, DO, DDS, DMD, Resident, Fellows, DVM, DPM
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.
Phone: 630-240-2203
Phone: 781-640-6798
Phone: 630-334-6849
Phone: 630-632-7241
Phone: 586-871-8002
Alliant Credit Union NMLS#: 197185.
Rates, terms, and conditions are subject to change. The 5/6, 7/6 and 10/6 ARMs offer a fixed rate for the initial period of the loan and adjust to a 6 month ARM after that period. The interest rate and monthly payment may adjust bi-annually based on the 30 day average Secured Overnight Funding Rate (SOFR), plus a margin of 2.75 percentage points with a 5% life time cap.
Rates can vary based on risk factors which include but are not limited to LTV, credit score, and debt to income ratio.
Mortgages available in all states except Maryland. Loan approval, interest rate, and downpayment required based on creditworthiness, amount financed, and ability to repay. Rates, terms, and conditions are subject to change and are subject to credit and collateral approval.
Rates can vary based on risk factors which include but are not limited to LTV, credit score, and debt to income ratio.
DFCU Financial *
DFCU Financial pays Cash Back* on deposits and loans – including our mortgages. The DFCU Financial Cash Back* program rewards eligible members for their loyalty with cash back in their account each year based on their average yearly loan and deposit balances – including mortgages.
The DFCU Doctor Mortgage program was developed to meet the unique needs of physicians. This specialized program offers:
100% to $1,250,000, 95% to $1,500,000, and 90% to $1,750,000
No PMI
7/6 or 10/6 ARMs
No restrictions for time out of residency
No reserve requirement
700 MIN Credit Score
Expanded DTI requirements
Available to individuals credentialed as a MD, DO, DDS,DC,DMD,DVM
Cash Back* program eligibility
MD, DO, DDS, DMD, Resident, Fellows, DVM, DC
Phone: 813-368-0258
Phone: 313-608-0419
The Cash Back Disclosure:
While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2007, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $10,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA, and that it be open when Cash Back is deposited. Cash Back to Commercial / Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.
First Independence Bank *
Headquartered in Detroit, MI for 55 years. Bank specializes in portfolio lending, including it's no money down physicians loan. Best hands-on service levels.
5- or 7-year ARM. 15–30-year amortization available. 700 credit / 100% financing up to $1,350,000 purchase price
MD, DO, DDS, DMD, Resident, Fellows
No money down.
Phone: 248-854-1274
All loans subject to borrower qualifications. Rates subject to market.
Wintrust Mortgage *
0% down to $850k loan amount, 3% down to $1.25mm loan amount, 5% down to $1.5mm loan amount, 10% down to $2mm loan amount
MD, DO, DDS, DMD, DVM, DC, DPM, Pharmacist
low down payment option, contract income used to qualify, student loans not used if no payment for 12 months
Phone: 916-302-6408
Bell Bank Mortgage
We are one of the largest privately held banks in the country. We pride ourselves by going above and beyond. From your first interaction with us we simplify a process that’s often complex. We understand that your time is precious and our technology allows us to work together as efficiently as possible. We are also very competitive in finding you the lowest rate possible with the lowest possible costs and fees. We understand there may be real estate agents that don’t understand the physician loan program and we like to educate them on the benefits of using this program.
Bell Bank offers home financing options geared specifically for physicians and dentists with term options of a 30 year fixed. In addition we also offer ARM options with a 5, 7 and 10 year ARM. Depending on your loan amount you would have 3 options.
Option #1
Loan amounts up to $1,000,000
Requires a 5% down payment
Requires 3 months of reserves
No mortgage insurance
Option #2
Loan amounts from $1,000,000 to $1,500,000
Requires a 10% down payment
Requires 6 months of reserves
No mortgage insurance
Option #3
Loan amounts from $1,500,000 to $2,000,000
Requires a 15% down payment
Requires 6 months of reserves
No mortgage insurance
Above options require:
Minimum credit score of 720
US Citizen
Must be an active medical doctor or resident or dentist
Fully executed employment contract with no contingencies is allowed for income verification. Application must start work within 90 days of loan closing.
MD, DO, DDS, Resident, Fellows
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.
Phone: 651-248-1936
CrossCountry Mortgage *
Physician Mortgage Built for Medical Professionals with Complex Finances
CrossCountry Mortgage offers a true physician loan program designed for doctors, dentists, veterinarians, and trainees who want to buy or refinance without delaying life or over-liquidating assets.
Unlike traditional lenders, our physician program is built around the realities of medical careers—high student loan balances, variable income structures, and early-career transitions—while still offering competitive pricing and flexibility.
- Up to 100% financing to $2,000,000 and 89.99% financing to $5,000,000
- No mortgage insurance
- No restrictions on years in practice
- Primary residence purchases and rate/term refinances
- 7-, 10-, and 15-year ARMs plus 15- and 30-year fixed options
- No prepayment penalties
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DPM, Pharmacist
Flexible underwriting supports:
- Future employment contracts (including residents and fellows)
- 1099 and contract income
- Gift funds
- Non-occupying co-borrowers
- More accommodating student loan treatment than conventional financing
As a member of the White Coat Investor community, you also receive Preferred Mortgage Savings, including waived lender and appraisal fees—up to $2,198 in savings.
Ready to run the numbers?
Medical professionals tend to be “on call”, and your mortgage lender should be too. CrossCountry Mortgage is licensed in all 50 states. With dedicated loan officers who specialize in physician lending, contact the loan officer for your state to review your options and apply online.
Phone: 715-292-0760
Phone: 617-429-2059
Phone: 872-313-5551
Phone: 614-989-2718
PNC Bank *
At PNC, our knowledge, experience, and innovation can help you achieve your financial goals today. PNC Bank is one of the nation’s top retail lenders and servicers of residential mortgage loans, and for more than 160 years, we have been committed to providing our clients with great service and powerful financial expertise to help them meet their financial goals. Combine approximately 2,200 retail banking branches and 8,900 ATMs throughout the U.S., with competitive products and online and mobile solutions, and you’ll find we’re ready to provide you with convenient and sure access to a great customer experience. To learn more about your lending options, or to start an application, visit us online or contact our customer care center today!
Loan-to-values up to 95%. Loans up to $1.5M. Fixed and Adjustable Mortgage Products Available. PNC's Physician Mortgage is available from Residency to Retirement. Physicians can use the Product Multiple Times.
MD, DO, Resident, Fellows
Strengths include a minimum down payment, no PMI, all funds can be gifted, student loans debts are sometimes excluded. Physician mortgage loan can be used for single family, condo, town homes, co-ops in some markets, and construction or renovation to permanent loan.
Get the right tool to build or renovate you dream home. With its unique features and benefits, the PNC construction or renovation to permanent loan can help bring your vision for your home to life.
- A variety of options to fit your specific needs
- End-to-end support from the PNC Construction Team
- One-time closing, eliminating the need for separate Interim Construction Financing
- One set of closing costs to help you save money
- Capped interest rate protection with a one-time float down at the completion
- 12-month construction/renovation phase to accommodate projects of any size
- A simple and straightforward draw process for you and your builder.
Phone: 512-529-7846
©2023 The PNC Financial Services Group, Inc. All rights reserved.
PNC Bank, National Association.
Liberty Federal Credit Union *
Liberty Federal Credit Union is a member-owned financial institution focused on returning value through innovative products and services. Liberty has been recognized on a state level by Forbes as one of Indiana’s best financial institutions. In recent years, the credit union has also received acclaim on a national level, including being named the nation’s Best Credit Union for Checking by Investopedia in 2021 and appearing on Newsweek’s list of America’s Best Banks in 2022.
Liberty Federal Credit Union excels in providing value through better loan options for borrowers. For instance, the credit union offers an uncommonly wide variety of mortgage options to ensure the best fit for its members. According to the American Credit Union Mortgage Association, Liberty FCU was the Midwest’s top credit union in 2021 total first mortgage originations.
Program features:
- No Private Mortgage Insurance (PMI)
- 100% financing up to $970,800 loan amounts
- 95% financing for $970,801 to $1,500,000 loan amounts
- 90% financing for $1,500,001 to $2,000,000 loan amounts
- Purchases and rate/term refinances are eligible
- Low credit score requirement of 680, plus free in-house credit repair
- We are committed to offering your lowest rate. If you find a lower rate, we’ll match it.1
Receive a gift card worth up to $500 on closing! 2 Plus, pair your mortgage with your Liberty FCU checking account and debit card to receive a 1/8% APR interest rate discount. 3
MD, DO, DDS, DMD, Resident, Fellows, OD, DPM, Pharmacist
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.
Phone: 502-767-7867
Loans are subject to credit review and approval. Closing costs may apply. Liberty FCU mortgage lending product availability may vary based on property location. A sample principal and interest payment on a (7)-year $500,000 adjustable-rate loan amount with a 3.500% interest rate (3.575% APR) is $6,719.93. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. Actual interest rate may vary based on credit history. Additional rates and programs available. Visit us online for current rate information. Contact a Liberty FCU mortgage loan officer for more details.
1 Rate Match Guarantee available for new purchases and refinanced first mortgage loans of primary residences with conventional conforming financing. Certain product exclusions may apply. Loan Estimate from competing lender must be dated and received within three calendar days prior to locking your interest rate at Liberty FCU. The terms of the competing loan must be identical to Liberty FCU’s loan. If the loan does not close within the commitment period, the rate match may be voided. This offer is subject to credit approval and may change or terminate without notice. Offer is not applicable to government loans, including FHA, USDA, and VA financing. Not valid in combination with 1/8% rate discount. Product offerings may vary by state or region.
2 Gift card offer is available on financing of purchase or construction loans for primary residences only. Purchase or construction loan amounts up to $149,999 will receive a $250 gift card. Purchase or construction loan amounts of $150,000 or greater will receive a $500 gift card. Not valid in combination with any other offer.
3 Discount available on conventional conforming financing of purchases for primary residences only. Offer available for new primary mortgage loans and mortgage loans already established at Liberty FCU when refinanced with at least $10,000 new money. Closing costs may apply. Liberty FCU verifies the past checking history of applicants with ChexSystems, a national consumer reporting network. Information obtained from the report could result in checking account denial. Certain product exclusions may apply.
4 Available to residents, fellowship, newly established, or established physicians with MD, DO, DDS, DMD, OD, or DP credentials. Rates listed are specific to the Physician Loan mortgage program. Standard mortgage rates may vary.
First Merchants Bank *
First Merchants Bank is a community bank with our roots firmly in the Midwest. We got our start in Muncie, Indiana in 1893 and we’re proud to serve customers across Indiana, Ohio, Illinois, and Michigan. At First Merchants, we believe in providing dependable, big-bank services while maintaining the welcoming, close-knit feel of a community bank. We are attentive to our customer’s needs, with a focus on building relationships and elevating our communities. It’s a combination that’s earned us a Best Bank rating from Forbes and Newsweek. Ask us about our special rates for Residents and Fellows.
We offer fixed rate and adjustable rate mortgage (ARM) programs. 100% financing up to $1 million, 95% financing up to $1.25 million, and 89.9% financing up to $2 million. No private mortgage insurance (PMI). Purchase and rate and term refinance available. Primary residence and condos allowed; non-warrantable condos considered. Loan amounts available up to $500,000 for Medical Residents with proof of fully executed employment contract. Can close up to 90 days prior to new employment start date with employment contract. All loans subject to credit approval. Contact for additional details and eligibility requirements.
MD, DO, DDS, DMD, Resident, Fellows, DVM, Pharmacist
The Physician Mortgage Program at First Merchants Bank offers greater flexibility on your debt-toincome (DTI), no private mortgage insurance (PMI), a lower down payment and higher loan limits than most traditional mortgage programs. Student loan debt can be eliminated from debt-to-income calculations when in deferment or forbearance for at least 12 months after loan closing. Gift funds are allowed towards down payment, closing costs and reserves. We do not require a banking relationship or auto pay to qualify for program benefits or rate discounts.
Phone: 614-581-2727
Phone: 734-417-6008
Fifth Third *
Fifth Third offers competitive programs and will look at all available options for the client that will be more beneficial to their scenario, as each client's scenario is different. With over 20 plus years of experience working with Physician's and these loans officers offer top notch professional “white glove” service.
- 0% down payment up to $1.25 Million Loan Amount
- 5% down payment up to $1.75 Million Loan Amount
- 10% down payment up to $2.5 Million Loan Amount
- 30 Yr Fixed, 15 Yr Fixed, 15/6 ARM, 10/6 ARM, 7/6 ARM, 5/6 ARM, 5/3 ARM
MD, DO, DDS, DMD, Resident, Fellows, DVM, OD, DPM
- Close up to 150 days before employment start date
- 1099 Income with less than 2 years of self-employed income or new 1099 contract (with proof of minimum guaranteed hours and hourly rate)
- Minimum 680 Credit Score with 5% down and 700 credit score with 0% down
- No Private Mortgage Insurance
- Up to 50% debt to income ratio
- Gift Funds can be acceptable for down payment, closing costs, and asset reserves in many circumstances
- Student Loan Payments can be excluded if deferred during training or we can use income based repayment monthly payment to qualify
- No restrictions on length of time post residency to qualify for loan
- Can own multiple properties or have multiple physician loans
- Helped thousands of physicians buy their homes with confidence
- Refinance and Purchase options
- Self Employed Income borrower options
- Additional Discounts Available With $25k Or More of Assets With Fifth Third Bank
Phone: 312-257-2440
Phone: 317-788-3002
U.S. Bank *
Phone: Office- 916-498-3402 / Cell- 916-837-4531
UMB Bank
Phone: 636-207-2015
Citizens Bank
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $226.7 billion in assets as of December 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,400 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.
Borrowers may be self-employed physicians (2 year history needed) or medical researcher
Up to 95% financing up to $850,000/89% to $1M/85% to $1.5M on purchase & refinance
Up to 85% on Construction to Permanent loans with 12, 15 or 18 month build & one-time close
NO Private Mortgage Insurance Required
Non US Citizens are eligible
Can use employment contract income & close on your home 90 days prior to start date
SPECIAL banking relationship discount through a Citizens Bank Account
Seller Contributions Allowed
RECAST option available
30yr, 20yr, 15yr and 10yr fixed rate loans, 5,7 or 10 yearARMs.
Minimum credit score of 700
Student Loan Debt omitted in qualifying debt ratios if deferred at least 12 months following closing.
Ability to use IBR payment if not deferred for 12 months
Borrowers must have completed residency or fellowship within the last ten years, be a newly licensed
medical resident or about to begin new employment or residency within 90 days of closing.
MD, DO, DDS, DMD, Resident, Fellows
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
Phone: 586-904-5555
Phone: 603-944-2119
Phone:
First Federal Lakewood *
First Federal Lakewood has been in business since 1935 and was established as a community and neighbors-first mutual bank. Over the year’s we’ve grown into the largest depositor- owned community bank headquartered in Ohio! Our physician loan program is simply one of the best available. We are deeply rooted in the communities we serve. That means that we make decisions that benefit you, the overall local economy, and our employees – NOT shareholders. We give 5% of our net profits back to the community every year.
- 0% down up to $1 million, 5% down up to $1.25 million, 10% down up to $1.5 million, and 15% down up to $2 million.
- NO PMI (mortgage insurance) required.
- 700 credit score minimum.
- Primary residence, Purchase only for single family, town home, and warrantable condominium.
- NO Prepayment Penalties with RECAST option available.
- Available products: 30-year fixed, 15-year fixed, 15/6 ARM, 10/6 ARM, 7/6 ARM, 5/6 ARM.
- Closing may occur prior to employment start date with an acceptable fully executed signed contract and proper cash reserves.
MD, DO, DDS, DMD, Resident, Fellows, DVM, OD, DPM
- We close and service our physician loans in house and don’t sell your loan to another mortgage servicer after closing like most banks or lenders do.
- You would work with me from start to finish around your schedule, I don’t pass you off to a loan processor after initial application.
- We offer interest rate protection so if rates drop between initial application and closing, we have the option to float down your rate to match the current market rate for a one time $350 fee.
- Many physician lenders will only close your loan if you start your new position within 30-60 days. We will allow you to close up to 6+ months before your start date using your new employment contract, as long as you have sufficient assets to cover the payment prior to starting new job.
- Long term locks available for 9 to 12 months which are typically more affordable for a physician who is purchasing a new build that will not close until the home is complete.
- Physician loan refinance available for currently serviced clients only.
- Construction loans available in OH.
Phone: 216-239-5845
NMLS #583593
Northwest Bank *
Exclusive Home Financing for Physicians with QuickQual Advantage
Designed exclusively for medical professionals, Northwest Bank’s Physician Loan Program simplifies home financing with unmatched benefits and powerful tools like QuickQual—giving you the edge in today’s market.
QuickQual: Your Competitive Edge
- Instant Loan Eligibility – Check your financing options anytime, anywhere.
- On-Demand Pre-Approval Letters – Strengthen offers, even on nights & weekends.
- Seamless Realtor Collaboration – Keep your agent informed in real-time.
- Full Payment Transparency – Know your cash-to-close and monthly payments upfront.
Let’s make homeownership happen—on your terms! Call, text, or email 24/7 for expert guidance and exclusive physician loan benefits.
Contact Us Today & Get Started
Tailored Financing for Physicians – Designed to accommodate unique financial needs.
- $0 Down Up to $950K – No PMI
- 5% Down Up to $1.25M & 10% Down Up to $1.5M – Always with No PMI
- Deferred Student Loans Excluded from Debt Ratio
- Close up to 60 Days Before Job Start Date with a Signed Contract
- 1-4 Unit Primary Residences Eligible.
Fixed & Adjustable Rate Mortgage Options Available
- Fixed-Rate Mortgages – Ideal for predictable, stable payments
- Adjustable-Rate Mortgages (ARMs) – Lower initial payments, perfect for flexibility and early-career financial planning
MD, DO, DDS, DMD, Resident, Fellows, DPM, Pharmacist
Phone: 614-937-4263
Phone: 716-308-9817
Phone: 814-404-8188
Phone: 812-345-8099
Phone: 717-489-3908
*For qualifying credit scores. Eligibility requirements must be met. Designed for MD, DO, DDS, DMD, or DPM designations. Valid on 1 unit primary residences only. Subject to program’s credit and underwriting approval, including debt to income requirements, and property appraisal. Escrow required. Payments into an escrow account may vary upon analysis. See bank for details. Other rates and terms are available. Minimum credit score required to qualify for program is 720 FICO®. NMLS# 419814. Only deposit products offered by Northwest Bank are Member FDIC.
Northwest Bank, a subsidiary of Northwest Bancshares, Inc., has operating units that use the Northwest Bank owned trade, logo and/or services “Northwest Advisors,” and “Northwest Insurance Services” to provide investment and wealth management, insurance services and employee benefit plans. Trust, fiduciary and retirement services are offered through Northwest Bank’s Trust Department. Investment and Insurance products:(I)are not deposits or other obligations of, nor are they guaranteed by,Northwest Bank or its operating units;(II)are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency of the United States or by Northwest Bank or its operating units; and(III)are subject to investment risks ,including the possible loss of value Rev. 6/25/2019
Frandsen Bank & Trust *
Local community banking for Physicians; as your mortgage lender with Frandsen Bank & Trust, we pride ourselves on superior service from application until your final payment and beyond. Our expertise is mortgage lending anywhere in Minnesota and Wisconsin; where our offices are located, areas we know and can best service our borrowers. As a community banker, we genuinely understand every situation is unique, deserving special attention. Frandsen Bank & Trust gives me the ability to customize our offerings to buy, build, remodel or refinance your home to fit your unique situation and goals. We know local lending with offices in over 35 communities across Minnesota and Wisconsin. We are committed to gathering all information while giving every available financing option to my customers to help achieve their financial goals and dream of home ownership.
Frandsen Bank offers financing options for primary homes, second homes, and investment properties. We are here to answer all your questions and create specific scenarios to fit your needs. With our ability to hold/service your loan, we are your primary contact from application through your final loan payment. Get approved today, so you are ready to buy next week, next month, or next year!
0%-10% down options up to $2 million. 720 minimum credit score, No employment start date restrictions. Student loans excluded from debt ratios. ARM loans to 15/3. No mortgage insurance. No prepayment penalties. All terms flexible and customizable with exception approval.
MD, DO, DDS, DMD, PA, NP, DVM, CRNA, OD, DPM, Pharmacist
Personalized and customized approval process that works with your specific scenario and goals as a relationship lender beyond just a transaction. Our approval is quick and smooth with flexible underwriting guidelines for all Physician/Doctor Loan parameters; decisions come out of the my office. Frandsen Bank holds/services almost all our loan options; I am your contact from time of application and will be your primary contact for the life of your loan. Local community bank lending only in MN/WI where we can best service our borrowers in the areas we know. Fully executed contract financing and 1099/self-employment financing.
Phone: 507-353-7427
TD Bank *
We are one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations. TD America’s Most Convenient Bank (AMCB) operates along the East coast of the U.S. and has locations throughout the Northeast, mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition to retail and commercial banking, TD Bank offers commercial services through TD Auto Finance. TD Bank AMCB is headquartered in Cherry Hill, N.J.
TD Bank offers 100% Dr loan financing to $1MM – no PMI – future income is allowed. Higher loan amounts available with 5% or 10% down. Purchase & refinance, primary residence. Single family, Condos, Co-ops, PUD’s.
- 100% financing to $1MM
- 95% financing to $1.5MM
- 89.99% financing to $2MM
- 30 Year Fixed Rate, 5/6 ARM, 7/6 ARM , 10/6 ARM
- PURCHASE OR REFINANCE
- Single Family, Condo’s, Co-ops, PUD’s
- No PMI (Private Mortgage Insurance)
- Employment contract/future income allowed – close 90 days prior to start date
- Self-employed allowed
- Borrowers must be out of residency/internship/fellowship less than 10 years prior to application
- IBR payments allowed for student loans
- Seller contributions allowed
- Loan recast available
Practicing doctors must be out of residency/internship/fellowship less than 10 years prior to the loan application date.
MD, DO, DDS, DMD, Resident, Fellows, DPM
- Borrowers work exclusively with highly experienced doctor loan specialists
- Excellent service and expert advice
- No down payment options
- No PMI
- Fixed and Adjustable Rate mortgage rate options
Phone: 781-367-6808
Phone: 774-502-6619
Phone: 617-895-7596
Rates and programs can change anytime without notice.
Washington Trust Mortgage Company *
Washington Trust Mortgage Company’s exclusive Doctors’ Home Loan Program offers 100% financing available with no mortgage insurance up to $950,000; flexible down payment options available for loans in excess of $950,000; and down payment funds may be a 100% gift.
MD, DO, DDS, DMD, DVM, DPM
At Washington Trust Mortgage Company, we make the process easy and efficient, with local underwriting and loan servicing and a fast approval process. We specialize in portfolio loan options available for non-traditional loans for non-warrantable condominiums, recently self-employed and foreign national borrowers.
Phone: 781-258-0726
Washington Trust Mortgage Company: Equal Housing Lender; NMLS #901927; MA Mortgage Broker License #MC901927, MA Mortgage Lender License #MC901927, RI Lender License #20122863LL, RI Loan Broker License #20122864LB, NH Mortgage Banker License #901927MB; All loans subject to credit and underwriting approval. Minimum FICO score required.
Happy Mortgage a Division of Centennial Bank *
MD, DO, DDS, DMD, CPA, OD, DPM, Attorney
- Up to 100% financing for Primary Residence*
- Purchase or refinance*
- Construction or renovation loans*
- Mortgage insurance not required
- Second home financing options available
Phone: 469-438-5931
All products herein are subject to credit and property approval. Program terms & Conditions, including interest rates, annual percentage rates (APRs) and points or fees are subject to change without notice. Your APR will vary based on your final loan amount and applicable finance charges. Not all products are available in all states or for all amounts: consult your mortgage loan originator for additional details. There are no restrictions to the length of time since the medical professional has completed their residency. All loans subject to credit and property approval. *Restrictions apply, consult your mortgage loan originator for additional details.
First Horizon
Currently we offer several physician programs. Our most popular product will allow the following:
- 100% financing up to a $1.5 million loan amount
- No PMI
- No restrictions for time out of residency
- Very low reserve requirements
- Minimum credit score of 680
- Can close up to 6 months prior to employment start date
MD, DO, DDS, DMD, DVM, CRNA, DPM, Pharmacist, OMS
Clearly a strength is our product is more flexible than most of our peers. We have been able to help several physicians who were turned down elsewhere for the product recently. Allowing physicians to be greater than 10 yrs out of residency and still qualify has been helpful to many. The opportunity to provide 100% financing up to $1.5 million, and 95% financing up to $2 million, and 90% financing up to $2.5 million has been strong compared to competitors. Condos are allowable under the product.
Phone: 865-548-7313
Phone: 813-603-4255
Consumers Credit Union
0% down up to $750K, 5% down up to $1M, 20% down for greater than $1M
30 Year Fixed, and 7/1 ARM available –No PMI – Exclude all student loan debt from ratio! 10% down with no PMI on single family investment properties available too.
MD, DO, DDS, DMD, PA, NP, CRNA
Exclude all student loan debt from ratio which increases your buying power. Can close prior to employment. Community banking allows for more flexibility to fit your specific scenario with common sense underwriting. Fast closings. Your loan will not be sold to a 3rd party. 4% checking account (up to $15K balance) available. 90 day lock and shop available. Lock in rate now while you search for your dream home.
Phone: cell 616-446-2567, office 616-208-1304
City National Bank *
Qualify for a residential mortgage of up to $3M with one of our lending programs designed for licensed medical professionals. Our dedicated team will guide you through the process, from application to closing. Up to 100% loan to value. Available for primary residence and second homes. Student loans deferred for 12 months or more may be excluded from debt-to-income calculations. No restrictions on the amount of time out of residency or practice. Avoid paying mortgage insurance. Competitively priced interest rates.
100% to $1,000,000 (720 credit score)
95% to $2,000,000 (700 credit score)
89% to $3,000,000 (720 credit score)
Higher loan amounts available
Condominiums limited to 95% max LTV
2 months reserves
No mortgage insurance
No limitation to years in practice
MD, DO, DDS, DMD, Resident, Fellows, CPA, DC, OD, DPM, Pharmacist, Attorney
30 or 15 Year Fixed
7/6 and 10/6 SOFR ARM's
ACH auto debit payments from CNB checking account, direct payroll deposit, and online banking.
Primary Home Purchases and Rate/Term Refinance:
100% to $1,000,000 (720 credit score)
95% to $2,000,000 (700 credit score)
89% to $3,000,000 (720 credit score)
Higher loan amounts available
Condominiums limited to 95% max LTV
2 months reserves
No mortgage insurance
No limitation to years in practice
Construction-to-Permanent loans also available.
Phone: 305-333-5723
Loans and lines of credit are subject to credit approval and program requirements. For ophthalmologist, please refer to the doctor loan program for more information. Fees and restrictions apply. Terms and conditions subject to change. The interest on the portion of the loan that exceeds the value of the dwelling is not tax deductible. Please consult your tax advisor. Under professional loan program, the max loan to value on the second home is 89.49%. Depending on the loan program, qualified borrowers are either not required to pay mortgage insurance or mortgage insurance is paid by the lender. Lender NMLS#412469
Bank First
Bank First recognizes your professional success and the financial success that accompanies it. If you are a physician, our Professional Mortgage Program offers unique benefits compared to a traditional mortgage. Contact Bill today to find the perfect mortgage solution for you!
Terms:
- 30, 20, 15, 10 year fixed
- 10, 7, 5 year ARMs
- 100% financing for loans up to $750,000
- 95% financing for loans $750,000 to $1,500,000
- 90% financing for loans over $1,500,000
- Can do out of state financing for a Bank First customer with max 80% LTV
- Owner occupied 1st and 2nd homes
- Can lock out to 120 days
- Expanded loan-to-value ratios
- No income history requirement
- Can use proof of future income (employment contract) within 60 days of closing.
- No private mortgage insurance requirement
- Retirement individuals from approved professions are eligible.
- Available for purchase or refinance on owner-occupied residences
- Available for 1st position liens only
- Standard fees apply
- Subject to credit approval
- Offer subject to change at any time
MD, DO, DDS, DMD, DVM, Pharmacist, Attorney, Professional Athletes
Straight fee with no reappraisal refinancing.
Phone: office 920-469-3923 cell 920-246-3255
Truist
Phone: 866-810-4404
Physician Group at Neo Home Loans
“Impossible” Physician & Medical-Professional Home Loans
When banks say NO… NEO says yes!
Get Pre-Approved in Minutes: https://www.medicalprofessionalhomeloans.com/wcihomeloans/
Who We Specialize In
- Newly 1099 doctors, dentists, PAs, NPs, CRNAs, therapists, vets
- Clinicians who just bought into or started a private practice (no K-1 history)
- Self-employed professionals with multiple / irregular income streams (locums, tele-med, consulting)
- High student-loan balances, credit blemishes, or limited reserves
- Unique property purchases—non-warrantable condo, acreage, mixed-use, etc.
(If another lender has already said “no,” you’re in exactly the right place.)
Who Should Use a Conventional Lender Instead
- W-2 physicians with stable paystubs, ≥20 % down, 780+ FICO
- Buyers of plain-vanilla tract homes needing zero creative structuring
- Shoppers already fully approved elsewhere who only want to shave ⅛ percent off the rate
- Up to 100 % financing on physician loans to $1 M
- 0–5 % down jumbos, no PMI
- Credit scores down to 580 on select programs
- Gift funds and business assets allowed for down payment
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, RN, CRNA, DPM
Why NEO Says “YES”
| Your Hurdle | Our Solution |
| Less than 12 months of 1099 income | Future-contract & projected-income underwriting |
| Complex K-1s & write-offs | Cash-flow analysis that looks forward |
| High student-loan debt | Special DTI treatment & PSLF alignment |
| Time-sensitive purchase | Closings in as little as 14 days |
| Credit blemishes | Fico scores down to 580 |
“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
- Schedule a 15-Minute Strategy Call
- Upload Your Story (contract, practice paperwork, locums schedule)
- 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.
Phone: 855-260-9932
KeyBank *
As a physician or dentist with unique financial needs and time constraints, you can benefit from KeyBank’s customized mortgages. Streamline the home buying process, with underwriting specialized for you, so you can take care of your needs.
- Up to 100% financing for qualified medical professionals on loan amounts up to $1 million
- Fixed or variable loan options available for purchase, as well as rate/term and cash-out refinances
Get Prequalified or Apply Today! Check your rates!
geographic restrictions apply
Phone: 216-427-0532
NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All home lending products, including mortgage and home equity lines of credit, are subject to credit and collateral approval. Not all home lending products are available in all states. Hazard insurance and, if applicable, flood insurance is required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice.
Only available to actively practicing interns, residents, fellows, doctors, dentists, clinical professors, researchers, or managing physicians with a current license and a degree of Doctor of Medicine (MD), Doctor of Osteopathic Medicine (DO), Doctor of Podiatric Medicine (DPM), Doctor of Dental Surgery (DDS), or Doctor of Dental Medicine (DMD). Additional conditions and restrictions apply.
All products offered by KeyBank N.A. Member
FDIC. NMLS # 399797. Equal Housing Lender. ©2026 KeyCorp®. All rights reserved. KeyBank is a
federally registered service mark of KeyCorp. 3 Corporate Drive. 4th floor Shelton, CT 06484, USA.
Lake Michigan Credit Union *
Why finance your home with LMCU?
We helped 8,000+ homebuyers become homeowners in 2024 alone.
All mortgages are serviced by LMCU throughout the entirety of the loan, so your payment process and point of contact never changes.
Buy with as little as 0% down* up to $1.25 million*
Buy with as little as 5% down up to $1.5 million**
Buy with as little as 10% to $1.75 million**
Loan amounts up to $2.5 million.
Deferred student loan debt is not included in calculations.
No mortgage insurance required.
No minimum required cash on hand after closing.
CP loans available in Michigan and Florida
MD, DO, DDS, DMD, CRNA, DPM
High income, high net worth individuals are invited to become LMCU Premier Banking members and enjoy enhanced product offerings, plus personalized service designed exclusively around your financial needs.
Phone: 616-550-4952
Phone: 248-961-4300
Phone: 734-707-3337
Phone: 248-842-6275
Phone: 248-219-7552
*For well-qualified borrowers. The interest on the portion of the loan that exceeds the value of the dwelling is not tax-deductible. Please consult your tax advisor. To be eligible for the Doctor/Dentist program, the Doctor/Dentist must be in a residency program, have completed a residency program, or be an established Doctor/Dentist. Doctors/Dentists must also establish an automated payroll deposit with LMCU to be eligible. Loan to value (LTV) ratios up to 100% with loan amounts up to $1,250,000; 95% LTV up to $1,500,000; 90% LTV up to $1,750,000; 85% LTV for loan amounts up to $2,000,000; and 70% LTV up to $2,500,000.**For well-qualified borrowers. $5 membership required. LMCU NMLS # 442967
Green State Mortgage *
Green State Mortgage is a boutique lender with access to the most competitive rates and programs. Allow us to tailor a lending program that meets your needs!
0% down up to $1,000,000, 5% down from $1,000,000 to $1,750,000, 10% down from $1.750,000 to $2,500,000. 1-2 Unit Properties, Condos, Townhouses, PUDs, Modular Homes. No PMI. No Prepayment Penalty. Non-Warrantable Condos to 90%. Fixed and adjustable rates (7, 10, and 15-Year ARM) available. No time restrictions on when a client starts their new employment vs. the closing date if they have enough reserves for W2 positions. 60 days prior to start date for 1099 positions.
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, OD, DPM, Pharmacist
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.
Phone: 630-788-4048
Phone: 312-379-8881
Green State Mortgage – A division of Green State Credit Union
First Citizens Bank
Thank you for your interest in First Citizens Bank! We offer physician loans at 100% financing to $1,000,000, 95% to $1,250,000, as well as higher loan sizes with tiered down payments. Options include purchase and refinance of primary and secondary residence as well as construction to permanent financing. There is no PMI on our Medical Mortgage products and no limit on years in practice for established physicians. The minimum credit score for this program is 680. Treatment of student loan payments in calculating debt to income ratios can often be of concern to physicians; but we are very flexible on how we underwrite deferment and income based repayment. Loans may close up to 60 days prior to employment start date. This program is open to US citizens, permanent, and non-permanent residents.
Fixed rate and ARM options depending on loan amount and occupancy type. Primary residence – 100% financing up to $1,000,000; 95% up to $1,250,000; 90% up to $1,500,000; 80% up to $2,000,000; 75% to $3,000,000. Second home – 89.99% financing up to $1,250,000; 85% up to $1,500,000; 80% up to $2,000,000. Construction and Renovation – 89.99% financing up to $1,500,000; 85% up to $1,750,000. Minimum credit score – 680. Eligible borrowers include US Citizens, Permanent Resident Aliens, and Non-Permanent Resident Aliens
MD, DO, DDS, DMD, Resident, Fellows, PA, NP, CRNA, OD, DPM
Program is open to all qualifying doctors regardless of years in practice, flexible underwriting on student loans, down payment and reserves may be gifted, excellent client service, and retained loan servicing. I specialize in physician lending and have over 20 years of experience in mortgage loan originations. I also have prior experience in loan processing and underwriting. Our origination and fulfillment teams have a great partnership environment and I’m confident in our ability to deliver a smooth and stress free experience. Apply online here.
Phone: 864-630-0921
First National Bank *
At First National Bank, we offer a physician loan program designed specifically for medical professionals. We understand the nuances of physician income, contracts, and career transitions—allowing us to structure financing solutions that align with your goals.
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, DPM
Program Highlights:
- Up to 100% financing
- No PMI required
- Flexible underwriting for physician income
- Future employment contracts accepted within 90 days
- Available for the following degrees: M.D., D.O., D.D.S., D.V.M., D.M.D., D.P.M., CRNA
Our approach is both professional and personal. We make sure you feel prepared and comfortable, guiding you through each option with clarity so you can move forward with confidence.
Phone: 919-815-9852
Phone: 843-364-5626
Phone: 513-807-4960
Phone: 412-951-6793
Phone: 704-315-8331
Speak with a First National Bank Mortgage Loan Officer for further details. This is not an offer of credit or a commitment to lend. All loans are subject to credit and property approval. Rates, closing costs and fees are subject to change without notice.
First Community Mortgage *
First Community Mortgage offers a product menu second to none with a 100% customer service centric approach to anything and everything that we do. We tailor our loan offerings for each individual client based on what fits their needs the best. This will include very competitively priced jumbo loan offerings that can accommodate larger loan amounts, creative financing approaches available as well for those with credit challenges, income challenges, etc. First Community Mortgage offers medical professional mortgage options designed for a broad range of healthcare careers. While many physician loan programs cap maximum loan amounts closer to $1 million, our programs support up to 100% financing on loan amounts up to $2 million for qualified medical professionals. We also offer options for 1-unit primary residences, residents and fellows, and a broader range of medical professions than many physician-only lenders. Programs are available for non-permanent residents and other eligible borrowers with lawful work authorization, subject to standard guidelines.
- 0% down up to $2,000,000
- Up to $2,500,000 with 89.99% LTV*
- Eligible properties – 1-unit properties, Condos, Townhouses, and PUDs
- No Private Mortgage Insurance (PMI)
- Non-Warrantable condos restricted to 89.99% LTV
- May close on home up to 150 days prior to starting new employment
- 1099 self-employed contracts eligible with signed employment contract
- Can omit a departing residence with minimum 20% equity**
MD, DO, DDS, DMD, Resident, Fellows, DVM, CRNA, OD, DPM, Pharmacist
- Debt-to-Income ratio allowable up to 50%
- No 2-year work history is required for 1099/self-employed physicians
- Gift funds eligible for downpayment, closing costs and reserve requirements
- May close on a home up to 150 days prior to starting new employment. Most lenders cap you at 90 days!
- Flexibility on student loan payments
Phone: 815-405-3617
Phone: 617-320-2084
Loan approval and terms are dependent upon borrower’s credit, documented ability to repay, acceptability of collateral property, and underwriting criteria. This loan product is offered by First Community Mortgage and administered through a broker relationship. For licensing information, go to: www.nmlsconsumeraccess.org.
*This product feature is available in limited states. Ask your Loan Originator for
details. **Additional restrictions apply.
262 Robert Rose Drive, Murfreesboro, TN 37129
4305 N. Lincoln Ave Office D, Chicago, IL 60618
200 Portland St #3-102, Boston, MA 02114
Fulton Mortgage *
With over 22 years of mortgage banking experience and having helped well over 1000 family’s originating nearly one billion dollars in residential loans. This experience will provide important assistance for someone who needs help during the home buying process.
Fulton Mortgage Company offers zero down up to $1,500,000, 5% down for loans from $1,500,001 to $2,000,000, 10% down Loans from $2,000,001 to $3,000,000.
No mortgage insurance with the loan and no restrictions for prepayments. Can close 90 days before the start of a new salary guaranteed job using that income to qualify. Gift funds from family member allowed for closing cost / prepaid expenses or down payment.
Must be US Citizen or have Valid Green Card. Student loans not counted in Debt-to-income ratio for Residents as long as 6 months or more remaining in residency. IBR payments used for doctors after residency training. Allow Doctors to be out of training up to 15 years. If relocating and taking new job time out of residency not applied. Must purchase with in one year of relocation if out of residency more than 15 years.
Terms: 15 year and 30 year fixed. 5/6 ARM , &/6 ARM, 10/6 ARM, 15/6 ARM
MD, DO, DDS, Resident, Fellows, DVM, DPM, Pharmacist
Low down payment for high loan amounts, No Reserves for 60 Day close, future employment contract 90 days from start date, family co-signer for Residents / Fellows.
Phone: 240-620-1414
BMO Bank
BMO Bank has developed a class leading Physician & Dentist Mortgage Loan Program. The below Loan Officers have decades of experience not only in the mortgage industry but also working specifically with Physicians and Dentists. We are dedicated to ensuring a qualify experience to all buyers, from start to finish.
Loan Officer Info:
Please contact the listed Loan Officer based on the state in which you are purchasing.
100% financing to $1MM, 95% to $1.5MM, 89.99% to $2MM, less than 5 years practicing for less than 5% down payment, less than 10 year practicing for less than 10.01% down payment(not including residency or fellowship). Primary Residence SFR, Condo, 2 Unit properties eligible. Can close up to 89 days prior to employment start date with signed contract or signed offer letter. 30 yr fixed rate options along with shorter term fixed and ARM’s. No PMI/MI. Rate/Term Refi or Purchase only. Gift funds allowed for down payment, closing costs, & reserves. We are now able to use 1099 contract income for doctors who have a guaranteed minimum salary in their contract, even without a 2 year history of income established as a 1099 employee. Must be actively seeing patients.
MD, DO, DDS, DMD, Resident, Fellows
BMO Bank developed and began offering a physician loan program in 2015. The program has been expanding and growing for the past 10 years. All of the Loan Officers listed specialize in the physician loan product. These 2 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!
Phone: 920-831-7721
Phone: 862-375-6267 (862-DrLoans)
Arvest Bank *
Get a mortgage and so much more.
Arvest Bank proudly serves our community’s medical professionals. We’re here to make life easier at every stage of your career, whether you’re just out of school or have practiced for years. We offer competitive local mortgage options, plus a variety of tailored services to manage your professional and personal finances.
- Up to 103% Mortgage Financing* with no money down for physicians and CRNA’s up to $1,250,000,
95% financing up to $1,750,000. This can also be used if you want to do CONSTRUCTION TO PERM,
call for more details. - No Private Mortgage Insurance, resulting in lower monthly payments
- Residents/Fellows are eligible if schooling has been completed and under contract for employment/residency
MD, DO, DDS, DMD, Resident, Fellows, CRNA, OD, DPM
- Innovative payment processing solutions.
- Checking/Savings accounts with digital convenience for you and your practice at no extra charge.
- Dedicated Private Banking option to manage business and personal finances.
- Finance in closing costs, close with $0 out of pocket expense.
- H1B Visa accepted.
- Close up to 4 months before you start your job.
- Get an additional 25% of purchase price, separate loan, for home improvement projects.
Phone: 913-634-2323
Any financing over 100% must be used for taxes, insurance and other closing costs. Financing is available for eligible applicants and professions. Credit, income and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change without notice.
What do you think? Have you purchased a physician mortgage? Who did you use and what was your experience like? Who else did you consider and what made your decision?