Low-down, flexible loans for medical and licensed professionals.
As little as 0% down, no PMI, and student-loan-friendly underwriting.
Doctor & Professional.
Doctor and professional loans are built for high-earning professionals who often look 'risky' on paper because of student debt or a delayed employment start. These programs waive PMI, accept as little as 5% down, and allow student loan deferral, and they'll let employment begin up to 90 days after closing.
- ✓Residents and fellows buying their first home
- ✓New attendings relocating for a position
- ✓Attorneys and CPAs with non-traditional compensation
- ✓Any eligible professional with student loans
Rates on doctor loans can be marginally higher than conventional, but no PMI and no liquid-asset depletion often outweigh the rate premium.
Eligible profession list varies slightly by investor. We'll confirm your specific situation qualifies before anything else.
Questions we get about doctor & professional.
Do I need to be fully employed to close on a doctor loan?
No. Most of our doctor programs allow employment to begin up to 90 days after closing, handy when you're relocating for a residency or new position.
Does student debt kill my qualification?
Usually not with these programs. Deferred or income-driven repayment student loans are treated more favorably than in standard conventional underwriting.
Start a doctor & professional pre-approval.
Apply with either LO, both handle it.