Physicians Programs

Health Care Professionals (MD, DO), Dental Practices (DDS, DMD), and Veterinary Practice (DVM, VMD) Special Programs are designed to give you a “leg-up” with home ownership. 

A physician home loan program is a specialized loan program designed to help medical professionals, including physicians, dentists, and veterinarians, finance their home purchases. These programs are designed to make it easier for medical professionals to buy homes by offering unique features and benefits unavailable through traditional home loan programs.

Some features of a Physician home loan program:

No down payment or low-down payment options: Physician home loan programs typically offer low down payment options, which means you can purchase a home without putting down a large amount of money upfront. 

No private mortgage insurance (PMI): With a physician home loan program, you can avoid paying private mortgage insurance (PMI). PMI is typically required for borrowers who make a down payment of less than 20% of the home's purchase price, and it can add a significant amount to your monthly mortgage payment.

Flexible underwriting requirements: Physician home loan programs often have more flexible underwriting requirements than traditional home loan programs. This can be especially beneficial for medical professionals with a high debt-to-income ratio due to student loans.

Competitive interest rates: Physician home loan programs offer competitive interest rates often lower than those traditional home loan programs provide.

Support from specialized lenders: Physician home loan programs are typically offered by specialized lenders who understand the unique financial needs of medical professionals. These lenders can provide personalized service and guidance throughout the home-buying process.

A physician home loan program can be an excellent option for medical professionals looking to buy a home. By offering unique features and benefits, these programs can make it easier and more affordable to achieve the dream of homeownership.