Doctor Home Loans
Buy your home with 0% down and no PMI — financing up to $2,000,000 for physicians, dentists and medical specialists.
Apply NowWhat is a doctor home loan?
A doctor home loan — also called a physician mortgage — is a portfolio home loan tailored for medical professionals, doctors and residents. Unlike conforming conventional or FHA mortgages that require private mortgage insurance (PMI) or a large down payment, a doctor home loan permits up to 100% loan-to-value financing, bypasses student loan payments in the debt-to-income review and accepts a signed employment contract before your residency or practice start date.
Physician loan matrix
Up to 100% financing
0% down payment (100% LTV) — no private mortgage insurance at any down payment.
$100,000 – $1,500,000
680 minimum FICO (1 score) · 3 months PITIA reserves above 95% LTV · 3% max seller concessions.
$1,500,001 – $2,000,000
720 minimum FICO (1 score) · 6 months PITIA reserves above 95% LTV · 3% max seller concessions.
Terms
15, 20, 25 and 30-year fixed · 5/6, 7/6 and 10/6 ARMs.
Why doctors choose it
- Zero monthly PMI — even at 0% down — so you keep capital for relocation, equipment or investments
- Student loans excluded from DTI when deferred or on an income-driven repayment plan (IDR/IBR), or documented from servicer statements
- Close up to 60 days before your start date with your executed employment agreement — see home loans for medical residents and fellows
- 1099 and locum tenens income from your contract, without the usual 2-year wait — see 1099 and locum tenens physician loans
- Gift funds are 100% permissible for the required post-closing reserves
Who qualifies
At least one borrower must hold an eligible clinical degree and be practicing, in fellowship or starting residency. Full list and rules: physician loan requirements and home loans for medical professionals.
- MD — Medical Doctor (all specialties)
- DO — Doctor of Osteopathic Medicine
- DDS / DMD — Dental Surgery & Medicine
- PharmD — Doctor of Pharmacy
- DVM / VMD — Doctor of Veterinary Medicine
- DPM — Doctor of Podiatric Medicine
- CRNA — Nurse Anesthetist (DNAP / DNP)
- Residents and fellows — interns, fellows and trainees
Property rules
The program is for primary single-unit residences. Second homes, investment property, 2–4 unit homes, non-warrantable condos, condotels, co-ops and manufactured homes are not eligible — read physician loans and second homes.
How to get your doctor home loan
Frequently Asked Questions
What is a doctor home loan?
A portfolio mortgage for medical professionals that allows up to 100% financing with no PMI, excludes eligible student loans from DTI and accepts a signed employment contract.
How much can I borrow?
Up to $2,000,000 with 0% down.
What credit score do I need?
680 for loans up to $1,500,000 and 720 for loans from $1,500,001 to $2,000,000.
Do I have to pay PMI?
No — there is no private mortgage insurance, even at 100% financing.
Will my student loans stop me from qualifying?
Eligible student loans in deferment or on IDR/IBR plans can be excluded from DTI or documented using servicer statements.
Can I close before I start my new job?
Yes, up to 60 days before your start date with your executed employment agreement.
What loan terms are available?
15, 20, 25 and 30-year fixed rates and 5/6, 7/6 and 10/6 ARMs.
Ready to buy with 0% down and no PMI? Start your application.
Apply NowGeneration Mortgage Associates, LLC · 1155 South Pasadena S, Suite H, South Pasadena, FL 33707 · Call (727) 642-1166 · Monday–Friday, 9:00 AM–5:00 PM EST · NMLS 1283562. Program guidelines can change; all loans are subject to credit approval and underwriting.