Why Medical Professionals Need a Different Mortgage
Medical professionals follow a unique career path, and your mortgage options should reflect that. Whether you’re beginning residency, starting a new position, or well established in your career, our Medical Professional Home Loan program offers financing designed to meet the unique needs of qualified healthcare professionals.
Up to 100% Financing
Many bank statement programs allow borrowers to qualify using 12–24 months of bank deposits, eliminating the need for traditional tax return income calculations.
No Mortgage Insurance
Unlike many low down payment programs, qualified borrowers can finance up to 100% without private mortgage insurance (PMI).
Loan Amounts up to $2 Million
Finance everything from your first home to higher-priced primary residences with expanded loan limits.
Flexible Financing
Whether you’re purchasing or refinancing, choose from fixed- and adjustable-rate loan options designed around your career.
frequently asked questions
Primary residences only.
Not necessarily. The program includes special student loan treatment for certain borrowers in residency and fellowship training.
In many cases, yes. Qualified borrowers may be able to use a fully executed employment contract to qualify before beginning employment.
Qualified borrowers may be eligible for financing up to 100%.
No. Qualified borrowers may finance up to 100% without private mortgage insurance.
Yes. Medical residents, fellows, and interns with eligible degrees may qualify.
Eligible Medical Professionals Include:
Medical Doctors (MD)
Doctors of Osteopathy (DO)
Physician Assist/Associates (PA)
Dentists (DDS/DMD)
Nurse Practitioners (NP)
Certified Registered Nurse Anesthetists (CRNA)
Pharmacists (PharmD)
Optometrists (OD)
Veterinarians (DVM)
Podiatrists (DPM)
Medical Residents
Fellows
Interns
