Doctor Loan Highlights:
Fixed 30 and 15 year terms (adjustable-rate options also available)
Up to 100% financing and no private mortgage insurance
No limitations to years in practice
Future Employment Agreements Acceptable
1099 / Independent contractor agreements acceptable (must have minimum income guarantee)
Student loans deferred or in forbearance for more than 12 months will be ignored for qualification purposes
Self-employed doctors require a minimum 2 year history, and a two year personal and business income average will be used to qualify
Primary residence only (single family or townhouse) — Condominiums allowed (limited to 90% loan to value, additional restrictions may apply).
Construction-to Permanent Financing Also available, 90% financing up to $1,500,000
Jumbo Loans up to $5,000,000 for lower loan to value loans
Home Loans For:
Doctors & Dentists
Physicians
Licensed Residents & Fellows.
Find a lender today
A qualified residential loan specialist will work with you.
“Florida Doctor Loans found me a specialist within 24 hours that helped finance my new home. Happy with the process. Highly recommended.”
For Practicing Doctors we offer:
100% financing for loans up to $650,000. Other flexible financing options available up to $1,750,000 (720 minimum credit score required)
95% financing for loans up to $1,000,000 (700 minimum credit score required)
90% financing for loans up to $1,500,000 (720 minimum credit score required)
80% financing for loans up to $1,750,000 (700 minimum credit score required)
720 minimum credit score requirement for loans over $510,400
700 minimum credit score requirement for loans under $510,400
Note: Additional down payment may be required if subject property is in a declining market
Available for all MD’s, DO’s, DDS/DMD
Doctor loans available in the following states:
Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas, Colorado, Arizona, New Mexico, California, and Alabama.
Note: A down payment may be required if the property is located in a declining market. Will vary or apply depending on lender.
Testimonial:
"I had just finished residency and subsequently signed an independent contractor agreement with a major hospital as an E.R. Physician. My earnings would be significantly increased, my family was growing, and I decided it would be a perfect time to start the process of searching for a new home. Florida Doctor Loans connected me with a lender that understood my needs specifically and was able to secure financing for me very quickly and most efficiently. Very happy with the overall experience, and enjoying my new home." — D. Schwartz
