The Mortgage Sensei

PHYSICIAN LOANS · 11 STATES

Physician Mortgage Loans in 11 states

Doctors, dentists and other medical professionals often have strong earning potential alongside student debt. Physician loan programs may offer more flexible terms. Duane compares them for you.

Licensed in 11 states

Compare many lenders

No-pressure advice

WHAT IT IS

Built around a medical career

Physician loan programs are offered by certain lenders to eligible doctors, dentists and other medical professionals. They may allow low down payments, no private mortgage insurance and flexible treatment of student loans.

Eligibility, maximum loan amounts and terms vary by lender. Some include residents and fellows with a signed contract. Rates may differ from conventional loans, so I compare.

Low down payment

Some programs allow little or no down payment, depending on the loan amount.

Often no PMI

Many programs waive monthly mortgage insurance. Terms vary by lender.

Student loan flexibility

Some lenders count student loan payments in a more flexible way than standard guidelines.

Contract-based income

Residents and new attendings may qualify with a signed employment contract before the start date on some programs.

HOW IT WORKS

From contract to closing

01

Share your role and timeline

Tell me your specialty, training stage and start date.

02

Compare programs

I check physician programs and conventional options side by side.

03

Document your income

Typical items include your contract or pay stubs, student loan statements and proof of funds.

04

Close

Appraisal, underwriting and closing, timed around your move.

LOCAL KNOW-HOW

Medical hubs in 11 states

Program availability can vary by state and by lender. I check what is offered where your property is located.

Virginia

Richmond, Northern Virginia and Hampton Roads

Major health systems across Virginia draw physicians at every career stage.

Tennessee

Nashville, Memphis and Knoxville

Nashville's large healthcare sector and the medical centers in Memphis and Knoxville bring many physicians home buying.

Georgia

Atlanta, Augusta and Savannah

Atlanta's healthcare sector and academic medical centers in Augusta and Savannah create steady demand.

FAQ

Physician loan questions

Who qualifies?

Typically MDs, DOs, dentists and some other medical professionals. Exact lists vary by lender.

Can residents use it?

Some programs allow it with a signed contract. Others require attending status.

Is the rate higher?

It can be. Compare the rate against the savings on down payment and PMI before you choose.

NEXT STEP

Ready to compare physician options?

Share your role and timeline and I will outline what may fit. No obligation.

Duane Buziak, NMLS #1110647, Coast2Coast Mortgage, LLC, NMLS #376205. Licensed in VA, FL, TN, GA, NC, SC, MD, DC, WV, TX and KY. Equal Housing Lender. This information is educational and is not an indication of loan qualification, approval or a commitment to lend. Rates, programs and guidelines change and are subject to credit approval.