You Spent Years Training. You Shouldn't Wait Years to Own.
Physician loans are built specifically for doctors, dentists, and other medical professionals whose earning potential is strong but whose early-career financial picture — student debt, new contracts, limited savings — doesn't fit a conventional lender's box.
Why Doctors Get Turned Down by Conventional Lenders
Conventional underwriting looks backward — at the income you've already earned and the debt you already carry. For a physician early in practice, that picture often looks weak: significant student loan balances, a brand-new employment contract, and savings still being built. A doctor loan looks forward — at the earning potential your career represents.
Low or even zero down payment options — no need to wait years to save 20%.
No private mortgage insurance (PMI), even with a small down payment, unlike conventional financing.
Flexible approval based on your employment contract and earning potential rather than historical income alone.
Who Qualifies for a Doctor Loan
Doctor loan programs are designed for medical professionals at various stages — from residents and fellows to established attending physicians. Eligibility typically extends to several credential types.
Medical doctors (MD), doctors of osteopathic medicine (DO), and attending physicians.
Residents and fellows with an employment contract in hand, even before practice begins.
Dentists (DDS/DMD), pharmacists, and other licensed medical professionals, depending on the program.
Physicians who have completed training within the past several years and are entering or early in practice.
How Student Debt Is Treated
One of the biggest advantages of a physician loan is how it handles student loans. Conventional lenders often count the full payment or a percentage of the balance against your qualifying income — which can disqualify a doctor outright. Physician loan programs frequently use income-driven repayment figures or, in some cases, exclude certain student debt from the debt-to-income calculation entirely. We'll walk you through exactly how your loans will be treated under each program you qualify for.
Income-Driven Repayment
Many programs use your actual IDR payment amount rather than a fully amortized calculation, keeping your debt-to-income ratio manageable.
Flexible DTI
Because the loan is built for high-earning professionals, qualifying ratios are often more accommodating than conventional guidelines.
The Doctor Loan Process
Share your contract
We review your employment contract, credentials, and student loan situation to map your qualifying options.
Determine your budget
We calculate the loan amount you qualify for — often with little or no down payment and no PMI.
Underwrite & lock
Once under contract, we lock your rate and move the loan through processing and underwriting.
Close on your home
Final walkthrough, closing disclosure review, and signing day — you move into your new home.
Frequently Asked Questions
Do I really need no down payment?
Many physician loan programs offer low or zero down payment options, though the exact requirement depends on the loan amount and program. We'll show you the down payment options available for your specific situation.
Will I pay mortgage insurance with a doctor loan?
Typically no — physician loans are structured to avoid private mortgage insurance even with a small down payment, which is a major advantage over conventional financing.
Can I qualify before I start my first job?
Yes, in many cases. Doctor loan programs are built around your employment contract and earning potential, so a signed contract — even with a future start date — can be enough to qualify.
How are my student loans treated in qualifying?
Many programs use your income-driven repayment amount rather than a fully amortized payment, and some exclude certain student debt from the debt-to-income calculation. We'll explain exactly how your loans will be handled.
Which medical professionals qualify?
Eligibility typically includes MDs, DOs, dentists, and pharmacists, and some programs extend to other licensed medical professionals. We'll confirm whether your credential qualifies.
Can I use a doctor loan for a refinance?
Some physician loan programs allow refinancing as well as purchases. We'll tell you what's available based on your current loan and goals.
Stop Waiting to Own Your Home
Bring us your employment contract and we'll show you the loan amount, down payment, and terms you qualify for — built for a physician's financial reality.
Review My Doctor Loan Options