Doctor Loan Program – 100% Financing for Medical Professionals

Buying a home as a doctor or medical professional comes with unique challenges. High student loan balances, career moves, contract-based income, and the desire to preserve cash often make traditional mortgage programs a poor fit.

That’s exactly why this Medical Professional (Doctor Loan) Program exists.

This program was designed specifically for physicians and medical professionals to help you buy or refinance a primary residence with more flexibility, fewer restrictions, and smarter underwriting that reflects your real financial picture—not just what fits into a traditional box.

What Makes This Doctor Loan Different?

Unlike standard conventional or government loans, this program recognizes the earning power and long-term stability of medical professionals.

Key benefits include:

  • Up to 100% financing (no down payment required)

  • No monthly mortgage insurance, even at high loan-to-value

  • Projected income allowed with a signed employment contract or offer letter

  • Student loan flexibility, including exclusions for certain residents and fellows

  • Minimal reserve requirements compared to jumbo loans

  • Fixed-rate and ARM options available

  • Purchase and rate/term refinance options

  • Loan amounts from $100,000 up to $2,000,000

This is a powerful option for buyers who want to keep liquidity for investments, practice buy-ins, relocation expenses, or simply peace of mind.

Who Is This Program Designed For?

At least one borrower must be an eligible medical professional whose income is used to qualify. Eligible professions include:

  • Medical Doctor (MD)

  • Doctor of Osteopathy (DO)

  • Doctor of Dental Surgery or Medicine (DDS, DMD)

  • Doctor of Pharmacy (PharmD)

  • Doctor of Podiatric Medicine (DPM)

  • Certified Registered Nurse Anesthetist (CRNA)

  • Doctor of Veterinary Medicine (VMD)

  • Medical residents, fellows, and interns with an eligible degree

Non-occupant co-borrowers are allowed, though their income may not exceed 50% of the total qualifying income.

Ideal Scenarios for a Doctor Loan

This program is especially helpful if you:

  • Are relocating for a new attending position

  • Are still in residency or fellowship

  • Have high student loan balances

  • Are early in your career and want to buy sooner

  • Prefer not to tie up cash in a large down payment

  • Are moving to a higher-priced market

If you’ve been told “wait until you have two years on the job” or “your student loans are too high,” this program often provides a better path forward.

More Than Just Doctor Loans

While this program is an excellent fit for medical professionals, it’s just one of many options available.

Depending on your situation, we may also explore:

  • No-income-verified bank statement loans (12 or 24 months)

  • 1099 or P&L-based qualifying options

  • Jumbo loans for high-income professionals

  • Down payment assistance programs

  • Conventional, FHA, VA, and USDA loans with competitive rates

  • Investor and second-home options

The goal is never to force you into a specific program—but to match you with the one that makes the most sense financially.

Why Work With Me?

Doctor loans are not “set it and forget it” mortgages. They require manual underwriting, detailed income analysis, and careful structuring—especially when projected income or student loan exclusions are involved.

I work with medical professionals every day and understand how to position your file correctly from the start, avoid last-minute issues, and keep closings on track.

If you’re considering buying, relocating, or refinancing, a short conversation can help clarify your options quickly.

Doctor Loan FAQs

What is a doctor loan?
A doctor loan is a mortgage program designed specifically for medical professionals that allows for low or no down payment, no mortgage insurance, and flexible income and student loan guidelines.

Can doctors get a mortgage with no down payment?
Yes. Many medical professionals qualify for up to 100% financing with no mortgage insurance through a doctor loan program.

Can I qualify with an employment contract instead of pay stubs?
Yes. Projected income is allowed with a fully executed employment contract or offer letter, even if you haven’t started the job yet.

Do student loans count against doctor loan qualification?
In many cases, student loans can be excluded or treated more flexibly, especially for residents and fellows, depending on how they are reported and your training status.

Can medical residents buy a home?
Yes. Medical residents, fellows, and interns with eligible degrees may qualify using current or projected income.

Is mortgage insurance required on a doctor loan?
No. One of the biggest benefits of a doctor loan is that mortgage insurance is not required, even at high loan-to-value ratios.

What credit score do you need for a doctor loan?
Most doctor loan programs require a minimum credit score of 680, though stronger credit can improve terms and options.

Can a doctor loan be used for a refinance?
Yes. Rate and term refinances are allowed for primary residences.

Is this only for doctors?
The program is limited to specific medical professionals such as physicians, dentists, pharmacists, CRNAs, veterinarians, and certain advanced nursing roles.

How do I know if a doctor loan is right for me?
The best way is to review your income, student loans, assets, and goals together. In some cases, a conventional or jumbo loan may actually be a better fit.

Ready to See If You Qualify?

If you’re a medical professional thinking about buying or refinancing, I’m happy to walk you through your options and help you decide whether this program—or another solution—makes the most sense.

Reach out anytime to start the conversation.

Yes, we know Doctor Home Loans! If you are ready for your new home please call now (214) 945-1066 or start online now.

 

No Money Down Doctor Home Loans