Built for Your Reality
A traditional mortgage treats your medical degree as a liability. A physician loan treats it as the ultimate asset.
0% Down up to $1M
Purchase a primary residence up to $1,000,000 with absolutely zero down payment. Up to $1.5M with 5% down, and $2M+ with 10% down.
No Private Mortgage Insurance (PMI)
Traditional loans require PMI for down payments under 20%. Our physician loans never require PMI, saving you hundreds of dollars on your monthly payment.
Student Debt Flexibility
We don't count your full student loan balance against you. If you are on an Income-Driven Repayment (IBR/PAYE/SAVE) plan, we use that actual monthly payment for your DTI ratio.
Future Income Allowed
Close on your new home before you start your new job. We can use the income from your signed employment contract up to 90 days before your start date.
Competitive Interest Rates
Despite the low down payment and lack of PMI, our rates remain highly competitive because medical professionals are statistically among the lowest-risk borrowers.
Flexible Reserve Requirements
While traditional jumbo loans might require 12–24 months of cash reserves, our physician programs often require as little as 2–6 months, depending on the loan amount.
Physician Loan vs. Conventional
The difference isn't just in the numbers — it's in how the loan is structured around your unique financial life as a medical professional.
| Physician Loan | Conventional | |
|---|---|---|
| Down Payment | 0% - 10% | 5% - 20% |
| PMI Required | Never | Under 20% down |
| Student Loan DTI | Actual IBR payment | 1% of balance |
| Pre-Close Income | Signed contract ok | Must be employed |
| Loan Limit | Up to $3M+ | $766,550 conforming |
See what you qualify for
Run your numbers in our calculator or speak with a specialist today.