Doctor Loan

Your decision to become a caregiver is commendable, but is often coupled with a fairly significant student loan burden. If you’re a resident, recent med school grad, or in the early stage of your career, the Doctor Loan is specifically designed to offer favorable terms for homebuyers like you with great earning potential.

FEATURES & BENEFITS
– 0% down payment
– Mortgage Insurance not required
– Loan amounts up to $2 million
– Deferred student loan debt may be excluded from qualifying determination*

Eligible borrowers include:
– Doctor of Medicine (MD)
– Doctor of Osteopathy (DO)
– Doctor of Dental Surgery (DDS)
– Doctor of Dental Medicine (DMD)
– Doctor of Pharmacy (PharmD)
– Doctor of Veterinary Medicine (DVM or VMD)
– Doctor of Podiatric Medicine (DPM)
– Certified Registered Nurse Anesthetist (CRNA)
– Medical residents and fellows with one of the above degrees

Student loan payments that are in deferment, forbearance, or reporting as $0 due to an Income-Based Repayment (IBR) plan may be excluded from the borrower’s debt-to-income (DTI) ratio if all of the following conditions are met:

– The borrower is currently in residency, or the borrower is currently in training in a medical clinical fellowship program.
– The borrower is qualified based on the current income received during residency or medical clinical fellowship program.