Medical Professional Loans
Doctors and recent medical school grads often face unique challenges when it comes to buying a home—student loan debt, limited credit history, and non-traditional income structures can all make financing feel out of reach.
That’s where our Doctor Loan comes in. This specialized loan program was designed to address the financial realities many medical professionals face—offering solutions for buyers who may have high debt-to-income ratios, limited savings for a down payment, or are just beginning their careers with an employment contract in hand.
As seen in:
Top military lender
NMP
Top mortgage lender
Scotsman guide
5-Star Lender
MPA
TOP LENDER
CALHFA
TOP EMPLOYER
DIVERSITY JOBS
TOP 100 MORTGAGE COMPANIES
MORTGAGE EXECUTIVE
5-STAR LENDER
Mortgage Professional America
TOP 250 LATINO MORTGAGE ORIGINATORS
NAHREP
MOST LOVED MORTGAGE EMPLOYERS
NMP
TOP MORTGAGE LENDER
Scotsman Guide
TOP MILITARY LENDER
NMP
TOP 15 VA LENDER
Scotsman Guide
Product highlights
- Designed for medical doctors, dentists, and veterinarians
- Up to 100% financing available
- Loan amounts up to $2,500,000
- No mortgage insurance required
- Contributions from 3rd parties allowed (some conditions apply)
- New 1099 contract income allowed without 1-2 years of employment history
- Not available for chiropractors, nurses, or pharmacists
- Not available in AK, CA, DC, HI, ME or NV
Borrower advantages
- Tailored for medical professionals
- Up to 100% financing
- High loan amounts with more flexibility
- Future employment contracts or terms of employment acceptance acceptable
- Short or incomplete job history accepted with employment contract
- Low reserve requirements
Realtor advantages
- Provides a solution for buyers who have recently graduated medical school and are buying a home (including buying a home in a new city or state)
- Expands your reach to enable targeting medical professionals in community or those preparing to graduate
Frequently asked questions
With short and easy to understand answers.
Couldn’t find your answer?
[email protected]What is the maximum LTV allowed?
Up to 100% LTV.
What is the minimum LTV required?
90.01% LTV minimum.
What is the minimum credit score?
680 minimum FICO.
What loan terms are available?
Fixed rate and ARM options are available.
What are the loan amount limits?
Minimum loan amount is $100,000 for fixed rate and $350,000 for ARM. Maximum loan amount is $2,000,000.
What is the maximum DTI allowed?
50% when LTV is below 95%. For LTV above 95%, ARMs, and 15-year fixed loans, the maximum DTI is 45%.
Who is eligible for this program?
At least one borrower must hold an eligible professional designation.
Couldn’t find your answer?
[email protected]Loan Programs
Loan Programs
Ready to take the next step?
Set your target interest rate and we’ll notify you when it hits. No spam, just smart alerts.
- Competitive rates
- Expert support
- Easy process