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Physician Mortgage Loans in Vermont


How to Get a Physician Mortgage in Vermont


Medical professionals who want to secure a mortgage in Vermont can simplify the process with one key step. It’s best to examine a variety of lenders, focusing on their interest rates, conditions, and down payment options. The most effective way to do this is by working with a mortgage broker who specializes in physician mortgage programs.

Not every broker possesses the specific knowledge required for physician mortgage loan programs. Given the unique demands and conditions of doctor loans, it’s vital to engage a broker well acquainted with this particular type of loan.

You can start the process of comparing rates and terms from lenders in Vermont by working with LeverageRx. Our team has successfully assisted over 50,000 doctors and healthcare providers in identifying banks and physician mortgage lenders for their future home.

Upon selecting a lender, you’ll need to complete and submit a loan application. Also, prepare to provide supportive documents like proof of employment, educational credentials, certifications, or licensure as a medical professional.


How to Find Physician Mortgage in Vermont


In your search for a physician mortgage in Vermont, it’s crucial to concentrate on lenders and programs operating within the state. This guarantees that you collaborate with a lender who has a full understanding of the local market and adheres to state-specific rules. Loan programs can vary across states, reinforcing the importance of finding the lenders and options available in Vermont.

Here are seven dependable physician mortgage loan lenders serving physicians in Vermont.



BMO’s physician loan program addresses the typical obstacles faced by medical professionals in Vermont. This program eliminates hurdles to home ownership frequently encountered by doctors, like sizable student loan debt and lack of savings for the traditional 20% down payment.

Look at the key features of BMO physician loans provided in Vermont:

  • Qualified Professions: MD, DDS, DMD, DO
  • Financing up to 95% for loans up to $1.5 million
  • Financing up to 90% for loans up to $2 million
  • Limited to primary residences only
  • Loans for both acquisition and refinance
  • Options for construction financing exist

BMO physician mortgages are available to eligible licensed medical doctors, residents, and fellows in all US states excluding New York. To learn more about this program, you can read our BMO Physician Loan Review.



Evolve Bank & Trust presents a solution for physicians in Vermont encountering challenges qualifying for conventional loans due to substantial student loan debt. Their physician loans offer a pathway to immediate homeownership without necessitating a down payment.

Here are the primary features of Evolve physician loans in Vermont:

  • Qualified Professions: MD, DO, DDS, DMD, PA, NP, DVM, CRNA, DC, OD, DPM, residents, fellows, pharmacists, and clinical nurse specialists
  • 100% financing up to $1,000,000
  • 95% financing up to $1,250,000
  • 90% financing up to $1,500,000
  • 85% financing for loans exceeding $2,000,000
  • Appropriate for primary residences, co-ops, condos, land purchases, and construction financing

These specialized loans are developed to help you achieve homeownership without the traditional waiting period. However, physicians who have been practicing for over ten years are not eligible for the doctor loan program. To examine your options and identify the best mortgage solution for you, connect with an Evolve lender in Vermont through LeverageRx.


First Horizon

First Horizon’s physician mortgage loans catered to the specific needs of medical practitioners in Vermont and other states in the region. Below are the key aspects of their offering:

  • Eligible positions: MD, DO, DDS, DMD, CRNA, CPA, DPM.
  • Complete financing for loans up to $1.5 million.
  • 95% financing for loans up to $2 million.
  • 90% financing for loans going up to $2.5 million.
  • The closing can be scheduled up to 6 months prior to employment initiation date.
  • Private Mortgage Insurance (PMI) is not required.

To explore your options and find a compatible lender from First Horizon, you can inquire about your mortgage rates through LeverageRx.


Huntington Bank

In Vermont, Huntington Bank serves a broad spectrum of medical specialties, including MD, DO, DDS, DMD, DPM, and DVM. Their program offers several key benefits for doctors seeking to finance their primary residences:

  • 100% financing is available for loans up to $1 million.
  • Loans up to $1.25 million offer 95% financing.
  • Loans going up to $2 million provide 90% financing.
  • Exclusively meant for primary residences.
  • Applicable for both home purchasing and refinancing.

For loans exceeding $1.25 million, Huntington Bank requires a minimum of one year of attending status, making it unavailable for residents and fellows. However, loans below $1.25 million are accessible to both residents and attending physicians.

To delve deeper into the Huntington Bank Physician Loan program in Vermont, we suggest you refer to our comprehensive Huntington Bank Physician Loan Review.


Heritage Bank NA

Heritage Bank NA is a popular choice among medical practitioners and healthcare professionals in Vermont who seek full financing for their home purchase. Their Physician Mortgage Loan program offers a variety of advantages such as:

  • No upfront payment required for homes worth up to $1 million.
  • Lowered down payment requirements and enhanced loan-to-value ratios.
  • Available for MD, DDS, DO, OD, DPM, and DVM designations.
  • Accessible to both active physicians and residents.
  • No need for private mortgage insurance (PMI).
  • Applicable to both primary and secondary residences.

To discover what is available and connect with a lender from Heritage Bank NA in Vermont, simply complete a mortgage application via LeverageRx.


TD Bank

TD Bank offers a mortgage program specifically designed for medical professionals in Vermont, particularly for those with credentials such as MD, DO, DPM, DDS, and DMD. The program is available to practicing physicians, dentists, oral surgeons, and certified medical or dental residents and fellows.

Here are the notable features of TD Bank’s physician mortgage program in Vermont:

  • Available for both purchasing a home and refinancing.
  • Limited to primary residences.
  • Applicable to single-family homes, condominiums, planned unit developments (PUDs), and co-ops.
  • Offers full financing for loan amounts up to $750,000.
  • Provides 95% financing for loans up to $1.25 million.
  • Offers nearly 90% financing for loans up to $1.5 million.

One significant characteristic of TD Bank’s physician mortgage program in Vermont is its restriction to doctors with less than ten years of practice. For a comprehensive understanding of their services, take a look at our detailed TD Bank Physician Mortgage Review.


US Bank

US Bank offers physician mortgage loans designed for doctors in Vermont, providing financing options for those with the designations MD and DO. Whether you’re about to complete your residency or you have a decade of practice under your belt, US Bank is ready to help finance your new home. Here are the highlights of US Bank’s physician mortgage loans in Vermont:

  • Limited to primary residences.
  • 90% financing available for loan amounts up to $1.25 million.
  • 85% financing for loans up to $1.5 million.
  • 80% financing for loan amounts up to $2 million.

An important point to note is that US Bank’s physician loan program is relatively exclusive, accepting only professionals with MD and DO designations. It’s also important to highlight that US Bank does not offer a loan option with 100% financing. For a more thorough understanding, please read our detailed US Bank Physician Loan Review.