Key advantages
Buy with little to no money down
Up to 100% financing
Zero down payment options available for qualifying borrowers with a 680+ FICO score.
The Doctor Loan
Home Loans for Medical Professionals
Up to 100% financing and no mortgage insurance for doctors, dentists, pharmacists, veterinarians, and CRNAs.
Up to 100% financing
Up to 100% financing
Up to 100% financing
Up to 100% financing
Up to 100% financing
Up to 100% financing
Program Overview
Your income structure is complex. Your mortgage should be simple.
Credit Score
Qualify with a credit score as low as 680, lower than most conventional high-value loan programs require.
Eligible properties
Single-family homes, warrantable condos, PUDs, and modular homes on up to 40 acres.
DTI Limits
Up to 50% DTI with at least 5% down, or 45% above 95% financing. ARMs and 15-year fixed loans max out at 45%.
Eligible professions
Open to MDs, DOs, dentists (DDS, DMD), pharmacists (PharmD), veterinarians (VMD), and certified registered nurse anesthetists (CRNAs).
Employment flexibility
Qualify with a signed offer letter if you start within 150 days of closing. Contract and self-employed income also work.
Mortgage Insurance
No mortgage insurance, even with little or nothing down.
Loan Limit
Loan amounts up to $2,000,000, above the conforming limit.
Borrow big for high-value homes
$2M loan limits
High loan amounts to match home values in the markets where physicians typically practice.
No MI required
No mortgage insurance, more savings
Skip private mortgage insurance even at high LTVs, for significant monthly cost savings.
Your term. Your timeline. Your career.
Flexible loan terms
Choose from 15, 20, 25, or 30-year fixed or hybrid ARM products to fit your career stage.
How It Works
Share your professional journey
Tell us your specialty, license status, and whether you're practicing, in training, or starting with an offer letter. Your career stage shapes your loan structure.
We map your borrowing power
Based on your credit score and income, we find the right down payment and loan structure, and how much home you can comfortably afford.
Make offers without hesitation
With a pre-approval in hand, you can make strong offers with confidence.
Close on your timeline
We work around your schedule, including evenings and weekends, to close as fast as 15 days, whether you're mid-residency or already practicing.
Do’s & Don'ts
Do
Know your FICO tier
Understanding whether you're at 680 or 720+ helps you target the right loan amount and LTV before you start shopping.
Use your offer letter
Residents and fellows can close before their start date. Have your signed employment contract ready to maximize your qualification.
Leverage your equity potential
Putting even a little down, or paying extra later, builds equity faster as your income grows.
Don't
Make large financial changes
Avoid opening new credit accounts, making large purchases, or changing jobs during the loan process. It can affect your DTI and FICO.
Overlook your DTI ratio
ARM and 15-year loans cap at 45% DTI. Know your ratio before selecting a loan type to avoid surprises during underwriting.
Ignore your student loans
Student loans in deferment can be left out of your DTI. If you're in repayment, lenders count your actual payment, so have your repayment plan documents ready.
Is this program right for you?
Compare your options at a glance
Conventional 30yr
Jumbo
Medical Professional Loans
Min FICO Score
620+
680+
680+
Min Down Payment
3%
20%
0%
Max Loan Amount
Conforming limit
$5M
$2M
Mortgage Insurance
Required <20% down
Not required
Not required
Max Debt to Income
50%
45%
45–50%
Need Help?
Everything you need, in one place!
Recent Articles
Guides for medical professionals buying a home.
Frequently asked questions
You’ve got questions, we’ve got answers
Yes. A fully signed offer letter counts as income if your start date is within 150 days of closing, so you can buy before your first paycheck.
No. PMI is not required under this program, even at high LTVs - a significant saving compared to conventional loans.
Student loans in deferment can be left out of your debt-to-income ratio, which helps new doctors and dentists with large school balances qualify.
Absolutely. Many medical professionals purchasing their first home find this program ideal precisely because it removes the two biggest barriers first-time buyers face, the down payment and mortgage insurance.
