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Physician Mortgage Loans in Washington


Finding the Right Physician Mortgage in Washington


The process of finding the best physician mortgage in Washington can be simplified by following one simple step. You’ll want to assess lenders in terms of their interest rates, loan conditions, and required down payments. Collaborating with a mortgage broker with a background in physician mortgage arrangements can make this process simple. .

While any broker can assist with a conventional loan, not all brokers are knowledgeable enough to provide physician mortgage loans. Given that these loans come with unique requirements and stipulations, it is crucial to find a broker who is well-versed in this particular type of mortgage.

When you work with LeverageRx, you can compare rates and terms from lenders in Washington. We’ve helped more than 50,000 physicians and healthcare professionals find suitable banks and mortgage lenders to fulfill their home ownership dreams.

After connecting with and selecting a lender, the next step is to complete and submit a loan application. Be prepared to provide substantiating documents such as proof of employment, educational background, certifications, or professional licensing as a healthcare professional.


Where to find a Physician Loan in Washington


In your search for a physician mortgage in Washington, it’s important to focus on lenders and banks offering programs within the state. This guarantees that you’re dealing with lenders who possess in-depth knowledge of the local market and comply with regulations specific to Washington. As loan programs can vary from state to state, it’s crucial to identify the options specifically available in Washington.

Here is a selection of seven credible physician mortgage loan lenders catering to physicians living in Washington.



BMO’s physician loan program has been constructed to address the unique financial barriers faced by medical professionals in Washington. This loan program eliminates the usual hurdles to homeownership encountered by doctors, like significant student loan debt and scarce savings for the customary 20% down payment.

Here are the features of BMO’s physician loan program in Washington:

  • Applicability: MD, DDS, DMD, DO
  • Financing up to 95% for loans not exceeding $1.5 million
  • Financing up to 90% for loans up to $2 million
  • Exclusive to primary residences
  • Mortgages for both property purchase and refinancing
  • Construction financing options are open

BMO physician loans are open to licensed medical doctors, residents, and fellows in all states, excluding New York. Browse through our extensive BMO Physician Loan Review to learn more about this program.



Evolve Bank & Trust offers a solution for physicians in Washington encountering barriers when trying to qualify for a conventional loan due to substantial student loan debt. Their physician loans present an opportunity for immediate homeownership without requiring a down payment.

Here are the core attributes of Evolve’s physician loans in Washington:

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

These distinct loans are designed to assist you in achieving homeownership without the traditional waiting period. However, physicians with more than ten years of practice are not eligible for this doctor loan program. To evaluate your choices and locate the most appropriate mortgage solution, you can get connected with an Evolve lender in Washington through LeverageRx.


First Horizon

First Horizon recognizes the unique needs of medical professionals in the state and offers physician mortgage loans designed to meet their specific needs. Here are the key features of their physician mortgage program:

  • Financing options of up to 100% available for loans up to $1.5 million.
  • Loans up to $2 million qualify for 95% financing.
  • Loans up to $2.5 million can be financed up to 90%.
  • Flexibility to finalize the loan up to 6 months prior to the employment start date.
  • Accessible to MD, DO, DDS, DMD, CRNA, CPA, and DPM professionals.
  • No requirement for private mortgage insurance (PMI).

To explore your options and connect with a physician mortgage lender from First Horizon, you can request your mortgage rates through LeverageRx.


Heritage Bank NA

For physicians and medical professionals in Washington seeking 100% financing for home purchases, Heritage Bank NA emerges as a top choice. Their Physician Mortgage Loan program offers several advantages:

  • No initial down payment required for homes valued up to $1 million.
  • Reduced down payment requirements and increased loan-to-value ratios.
  • Eligible for MD, DDS, DO, OD, DPM, and DVM professionals.
  • Open to both practicing physicians and residents.
  • Exempts the requirement for private mortgage insurance (PMI).
  • Applicable to primary residences as well as secondary homes.

To explore your options and connect with a lender from Heritage Bank NA, simply fill out a mortgage form through LeverageRx.


Huntington Bank

Huntington Bank provides a physician loan program in Washington that caters to a variety of medical specialties, including MD, DO, DDS, DMD, DPM, and DVM. Their program offers several benefits for physicians looking to finance their primary residence:

  • Up to 100% financing available for loans up to $1 million.
  • Loans up to $1.25 million provide 95% financing.
  • Loans up to $2 million permit 90% financing.
  • Exclusive to primary residences.
  • Applicable for both purchase and refinance transactions.

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

For a comprehensive understanding of the Huntington Bank Physician Loan program, you can refer to our detailed Huntington Bank Physician Loan Review.




PNC is one of the largest financial services institutions in the United States. The PNC Bank physician loan program is available for MD, DO, DDS, and DMD. 

Here are the highlights for PNC:

  • Purchase only
  • Primary residence only
  • 95% financing up to $1MM
  • 90% financing up to $1.5MM
  • 80% financing up to $3MM
  • 65% financing up to $5MM (the borrower must be attending at least 1 year)

Read our full PNC Bank Physician Loan Review.


US Bank

US Bank provides physician mortgage loans to healthcare professionals across all 50 states. The program is designed to cater to those in medical training or seasoned practitioners. Here are some primary features of the program:

  • Up to 90% financing for loans not exceeding $1.25 million.
  • Up to 85% financing for loans up to $1.5 million.
  • Up to 80% financing for loans not surpassing $2 million.
  • Restricted to MD and DO designations.
  • For primary residences only.

It’s essential to highlight that US Bank’s physician loan program is accessible to a more limited group of medical professionals compared to other doctor home loan programs (MD and DO only). Moreover, US Bank does not provide the option of 100% financing.

For an overview of the US Bank physician loan program, please refer to our in-depth US Bank Physician Loan Review.