Huntington Bank offers up to 100% financing for physicians on loans up to $1 million, although it does not cover new construction.
What is Huntington Bank?
Huntington Bank is a financial institution headquartered in Columbus, Ohio, where it was founded in 1866. The bank provides personal and business banking, payment solutions, and wealth management services.
After merging with TCF Bank in June 2021, Huntington became one of the largest regional banks in the United States. Its footprint expanded from 11 states to 43 and today it holds more than $140 billion in deposits and $110 billion in loans.
Huntington Bank operates a physician mortgage program designed for doctors, dentists, and other medical professionals who want flexible financing on a primary residence.
Huntington Bank Physician Loan Highlights
The Huntington Bank physician loan is available for MD, DO, DDS, DMD, DPM, and DVM designations, covering a wider range of medical specialties than many competitors.
Program Details
- Only for primary residences
- Not eligible for new construction
- Purchase and refinance options
- Up to 100% financing for loans up to $1 million
- Up to 95% financing for loans up to $1.25 million
- Up to 90% financing for loans up to $2 million
- No Private Mortgage Insurance (PMI)
- Fixed and ARM rates available (30- and 15-year fixed; 7- and 10-year ARM)
- Credit score requirement: 720 preferred
- Future employment contracts accepted if employment begins within 90 days of closing
- Medical school debt excluded from loan decision
The program is available in 43 states, including Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Physician mortgages have features that conventional mortgages cannot match, such as flexible debt-to-income ratios and no PMI requirements.
Pros and Cons of Huntington Bank Physician Loans
Pros
- 100 percent financing available for qualified borrowers
- No PMI and no prepayment penalties
- Future employment contracts accepted (up to 90 days before start date)
- Fixed and adjustable-rate options
- Medical school debt excluded from underwriting
Cons
- Not available for nurse practitioners, PAs, or chiropractors
- No construction financing
- Larger loan amounts (over $1.25 million) require at least one year in practice
- Limited to primary residences
Huntington Bank Physician Loan Alternatives
When borrowing hundreds of thousands or even millions of dollars, it is wise to compare several lenders before deciding:
Fifth Third
If you are a medical professional with at least 1 year of experience, Fifth Third is an excellent option for obtaining a doctor home loan. This bank provides construction financing and offers 100% financing, up to $1MM, as well as 95% financing, up to $1.5MM.
Learn More: Review of Fifth Third Physician Loan
U.S. Bank
U.S. Bank is a national lender in all 50 states, but their doctor loan program is only available for MDs and DOs. If you have one of those degrees, then you can get 90% financing up to $1.25MM.
Learn More: U.S. Bank Physician Loan Review
Truist
Truist was formed through the combination of BB&T and SunTrust. The program provides full financing up to $1MM for the following designations: MD, DO, DPM, DDS, DMD.
Learn More: Review of Truist Physician Loan
For more options, explore physician mortgage programs by state.
Physician Mortgage Calculator
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Key Takeaways
Huntington Bank remains a top choice for physicians seeking 100 percent financing without PMI. Its flexible underwriting, acceptance of employment contracts, and broad loan limits make it ideal for residents and newly attending doctors. However, the program’s limited state availability and restrictions on non-physician borrowers may require some to explore alternatives. To get started, request your physician mortgage rates.
Yes. Lenders often extend multiple products to doctors, including medical practice loans, student loan refinancing, and physician mortgages, because of their stable income potential.
No. Physicians typically receive competitive rates because these loans carry lower default risk than standard mortgages.
Huntington is one of the most reliable regional banks offering doctor loans, though availability depends on location. Always comparison shop before selecting a lender.
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