Medical professionals with doctorate degrees are among the highest-earning borrowers in the country, yet many struggle to qualify for traditional mortgage financing early in their careers. Years of school often result in massive student loan debt and limited savings, and conventional mortgage loan programs simply weren’t built with that reality in mind.
Introducing the Medical Professionals Mortgage Loan. This program allows qualifying doctors, dentists, pharmacists, veterinarians, and other doctoral-level healthcare professionals to finance up to 100% of a home purchase—with no mortgage insurance required.
Benefits
- 100% financing available — zero down payment required
- No mortgage insurance
- Fixed and adjustable rate options
- Loan terms of 15, 20, 25, and 30 years
- Debt-to-income ratios up to 50%
- Non-occupant co-borrowers allowed
Requirements
- Primary residence, single unit only
- Impound account required above 90% LTV
- Minimum 680 credit score
- Maximum loan amount of $2,000,000
- Must be actively practicing
Eligible Designations: MD, DO, DDS, DMD, PharmD, VMD, DPM, CRNA (with DNAP or DNP), Doctor of Ophthalmology, Doctor of Psychiatry—and medical residents, fellows, and interns holding one of the above degrees.
For more information, call us at (760) 930-0569—a licensed Mortgage Consultant is standing by to walk you through it.
