Doctor Loans
High-LTV loans for eligible medical professionals who are buying a home, including people early in their career.
Built Around a Medical Career, Not Around a Title
Doctor loans are for eligible physicians and, on some programs, other medical professionals. The usual reason people ask is timing. Training is long, student loans are large, and the savings for a down payment may still be small when the job starts.
The programs are written so a qualified buyer can finance a high share of the price. This page does not state that share. It depends on the program, the home, and the rest of the file. Being in medicine does not approve the loan.
Some programs treat student loans differently while you are in residency or fellowship. That treatment is a program rule. It does not erase the debt, and it does not apply to every medical role. Bring the loan statements and the employment contract, or the offer letter, so the review uses the right records.
The home is one you will live in. A rental is a different product. If you already have a down payment saved, compare this program with a conventional loan. The simpler file is often the better one.
In Everyday Language
Doctor loans are for eligible medical professionals. They are designed so a buyer can finance a high share of the home's price, which lenders call a high LTV. The exact share is not listed here, because it depends on the program and the file. Being a doctor does not approve the loan. Income, credit, the home, and the kind of medical work you do are all part of the review. People finishing training are often the ones who ask about this program.
Built Around a Medical Career
Doctor loans are for eligible medical professionals, including people early in a career. Being in medicine does not approve the loan. These photos are homes and workplaces, not listings, and they are not an offer.
What the Review Still Includes
The program can finance a high share of the price. This page does not state that share. Income, debts, and the home are still reviewed.
Swipe sideways to see each part.
An Eligible Profession
Physicians are the usual group. Some programs include other medical roles. Ask before you assume the title is enough.
Less Cash Down
The program is built so a qualified buyer can finance a high share of the price. The exact share is part of the review.
Income or a Contract
A job offer, a contract, or recent earnings may be the record the program wants. Training does not skip that step.
Student Loans
Those payments are part of the debt-to-income look. A program rule during residency does not erase the debt.
A Home You Will Live In
The home is one you will live in. A rental is a different product. If you already have a down payment, compare this with a conventional loan.
Who It Is Great For
- Eligible physicians and other medical professionals named by the program
- Buyers who have strong future income and less cash saved for a down payment
Who It May Not Fit
- Professions the program does not include
- A rental or a home you will not live in
Key Requirements
01
Credit
A credit history a lender can review.
02
Down Payment
Less cash down than many jumbo or conventional files, because the program is built for a high LTV. The exact share is confirmed in the review, not on this page.
03
Debt-to-Income
Debts that fit the income you can document. Student loans are part of that conversation.
These notes describe topics a lender often reviews. They are not minimums or a promise of approval. No LTV percentage is stated here.
What to Remember
- For eligible physicians and some other medical professionals
- Built around a higher loan-to-value than many standard loans
- This page does not state an LTV cap
Pros
- Can reduce the cash a medical professional needs up front
- Written for careers where income starts after training
Cons
- Only eligible professions qualify
- Student loans and job offers still have to be documented
How It Usually Goes
1
Confirm the Profession Is Eligible
Physicians are the usual group. Some programs include other medical roles. Ask before you assume.
2
Document Income or a Contract
A job offer, a contract, or recent earnings may be the record the program wants.
3
List Student Loans and Other Debts
Those payments are part of the debt-to-income look.
4
Compare With a Conventional Loan
If you already have a down payment, a standard loan may be simpler.
1 of 4. Confirm the Profession Is Eligible
Questions People Ask
How High Is the LTV?
This page does not state a number. High LTV means the loan can cover a large share of the price. The share is part of the review.
I Am Still in Residency. Can I Ask?
Yes. Many of these programs exist for people early in a medical career. Eligibility still depends on the program and the file.
Related Calculators
Monthly Payment
Principal, interest, taxes, insurance, mortgage insurance, and HOA. You enter every number.
Affordability
Income, debts, and a down payment suggest a comfortable price range. It is a planning guide, not a pre-approval.
Debt-to-Income
Your housing payment and other debts, compared with your monthly income.
From the Learning Center
Related Programs
A Real Conversation
Ready When You Are.
Talk with a loan officer who is licensed where the home is. Walk through buying, refinancing, or a loan that does not fit a standard file. Start with the directory, or answer a few questions first.