A Smart Path to Homeownership for Medical Professionals

Starting a career in medicine is no small feat — years of education, residency, and student loans can make homeownership seem out of reach. But with our Physician Loan Program, medical professionals can access tailored mortgage solutions that meet their unique financial circumstances. At Approved Mortgage, we’re here to help guide you through this specialized option.

What Is the Physician Loan?

Our Physician Loan is designed specifically for medical professionals, such as:

• MDs (Doctor of Medicine)
• DOs (Doctor of Osteopathic Medicine)
• DDS/DMD (Dentists)
• DVM (Veterinarians)
• Pharmacists (PharmD)

The loan offers benefits that acknowledge the earning potential and career path of healthcare professionals, helping them purchase a home with greater flexibility.

Key Benefits of the Physician Loan

1. Low or No Down Payment
Qualified borrowers may be able to purchase a home with little or no money down — freeing up cash for other life expenses or reducing the financial burden early in your career.

2. No Private Mortgage Insurance (PMI)
Unlike most conventional loans that require PMI if you put down less than 20%, the Physician Loan waives this requirement, which can save you hundreds of dollars each month.

3. Student Loan Considerations
Student debt is common for medical professionals, and this loan accounts for that. In many cases, deferred student loans won’t count as heavily in your debt-to-income ratio, making it easier to qualify.

4. Flexible Qualification Requirements
Even if you’re in residency or have recently graduated, you may still qualify with a signed employment contract. This allows you to secure a home early in your career.

5. Competitive Rates and Terms
With adjustable and fixed-rate options, you can choose a mortgage plan that fits your long-term financial goals.

Who Should Consider It?

If you’re a new physician, dentist, or other eligible medical professional — especially someone still in residency or fellowship — this program could be an ideal fit. It’s also great for established professionals who are looking to relocate or refinance.

Let Approved Mortgage Help

At Approved Mortgage, we specialize in matching borrowers with the best loan programs for their needs. The Physician Loan is just one of many options we help our clients explore. If you’re a medical professional ready to take the next step toward homeownership, we’re here to help you navigate every detail.

Contact us today to learn more or get started with a pre-approval.