Compare Doctor Loans and Mortgages for Physicians and Dentists

Physicians, dentists and other eligible medical professionals have access to some exclusive financial products given the unique financial situation of many in the profession. One of these products are physician mortgages, also known as doctor loans, which require little to no money down and no personal mortgage insurance (PMI) to secure a jumbo mortgage loan. Many regional and national banks have departments dedicated to serving medical professionals and doctor loans - check out the comparisons below on some of the lenders that offer mortgages exclusively for physicians, dentists and other medical professionals.

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Compare Doctor Loans and Mortgages for Physicians and Dentists

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suntrust mortgage doctor loan


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Mortgage Program Overview:

The Doctor Loan Program from SunTrust Mortgage is available to MD’s, DO’s, DDS’s and DMD’s that are currently in residency, and practicing professionals that have completed their training within the last 10 years. Residents and fellows are eligible for loan amounts up to $750,000 with no downpayment* while those within ten years of residency completion are eligible for loan amounts up to $1,000,000 with 5% down*, or $1,500,000 with 10.01% down*.

States Available:

Alabama, Arkansas, Delaware, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia and Washington D.C.

*Borrowers should note that 100% mortgage financing will result in no property equity until such time as the loan principal is paid down through regular mortgage payments and/or the property value appreciates. Additionally, if property values decline you could owe more than your property’s value. A down payment may be required if the property is located in a declining market or if required by state regulations. Additional down payment may be required if property is in a declining market or if required by state regulations.




cadence mortgage doctor loan

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Mortgage Program Overview:

The Doctor Loan Program from Cadence Bank is available to MD’s, DO’s, DDS’s, DMD’s, DPMs, ODs and PHARMDs that are currently in training as well as practicing professionals. Cadence's "Early Professional" 100% loan program allows up to $1 million with no mortgage insurance for eligible specialties in training and those practicing for no more than 5 years.
Cadence also offers a "One-Time Close" construction loan up to 80% Loan-To-Value on 10/1 ARM, 15 Year Fixed, and 30 year Fixed Rate loan programs up to $2 million

States Available:

Alabama, Mississippi and Texas



fifth third doctor loan


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Mortgage Program Overview:

Fifth Third is a national bank that offers two physician mortgage programs depending on the stage of your career. Their new doctor loan program covers MDs, DOs and DPMs in residency or fellowship and practicing doctors that completed residency within the last 12 months. Under this program, physicians can borrow up to $500k with no down payment or up to $1 million with only 5% downpayment, both options with no PMI required. For more established physicians that have been practicing for longer than 12 months (or 24 months if self employed), Fifth Third will lend up to $650,000 with no downpayment or up to $1.5 million with a 15%downpayment, again with no PMI required. Fixed and Adjustable Rate options are available for all products.

States Available:

Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, West Virginia, Wisconsin


citizens doctor loan

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Mortgage Program Overview:

Citizens Bank offers a doctor loan program for MDs, DOs, DMDs and DDSs, both practicing and in training. Borrowers can obtain up to $850,000 in financing for a home purchase with 5% down. Citizens Bank is also the only lender that offers 98% no PMI Construction loans up to $2 million for physicians.

States Available:

Connecticut, Delaware, Michigan, Illinois, Indiana, Kentucky, Tennessee, Georgia, South Carolina, North Carolina, Virginia, West Virginia, Maryland, Pennsylvania, New York, New Hampshire, Vermont, Maine, Massachusetts, Rhode Island, New Jersey




bbva doctor loan



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Mortgage Program Overview:

The physician mortgage program offered by BBVA Compass is available in 16 states to MDs, DOs, DDSs and DMDs with a minimum FICO score of 700. Borrowers can choose between 15 and 30 year fixed rate loans and 5 and 7 year adjustable rate mortgages.

States Available:

Arizona, Alabama, California, Colorado, Florida, Idaho, Kansas, Louisiana, Massachusetts, Nevada, New Mexico, Ohio, Oregon, Pennsylvania, Tennessee, Texas, Virginia, Washington



fulton mortgage doctor loan


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Mortgage Program Overview:

Fulton Mortgage Company offers 100% financing for loans up to $1.5 million for MDs, DOs, DDSs, DMDs, PHARMDs and DVMs with a credit score of 700 or higher. Borrowers can purchase up to 60 days in advance of their employment contract start date. Mortgages available include 30 and 15 year fixed rate and 3/1, 5/1, 7/1 and 10/1 ARM. Eligible medical professionals must not be out of training for more than 10 years unless relocating, in which the 10 year rule does not apply. No reserves are required by Fulton Mortgage Company to close.

States Available:

Delaware, New Jersey, Maryland, Pennsylvania, Virginia, Washington D.C.


horizon bank doctor loan

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Mortgage Program Overview:

Horizon Bank offers a doctor loan program for physicians, dentists and optometrists in Indiana, Illinois and Michigan that are within 90 days of their contract start date. Borrowers can obtain up to $750,000 with 0% down and up to $1.5 million with no PMI based on credit score. A payroll deposit is required with an auto-debit from a Horizon bank account.

States Available:

Indiana, Illinois, Michigan

cadence mortgage doctor loan


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Mortgage Program Overview:

The Jumbo Loan Program from U.S. Bank is available to MD’s and DO’s that are currently in training or practicing.

States Available:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, 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 and Wyoming


huntington bank doctor loan

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Mortgage Program Overview:

Huntington Bank offers a doctor loan program for MDs, DOs, DMDs and DDSs, both practicing and in training. For those practicing, borrowers can obtain up to $1 million with 11% down and $850,000 with only 5% down. This amount is reduced to $650,000 for residents and fellows. Mortgage loans above $1 million are available to practicing physicians but are approved on a case-by-case basis.

States Available:

Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, Wisconsin



regions bank doctor loan


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Mortgage Program Overview:

Regions offers their physician mortgage product in 16 states and is available for residents, fellows and practicing physicians with no restriction regarding the number of years in practice, which is unique relative to other lenders. Like most doctor loan programs, borrowers can close on a new home up to 60 days prior to the start of their employment. Eligible medical professionals include MDs, DOs and DDSs.

States Available:

Alabama, Arkansas, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, and Texas


capitalone doctor loan


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Mortgage Program Overview:

This Jumbo Loan Program is from a nationally recognized lender and is available for both purchasing new homes and refinancing existing homes. The minimum loan amount is $636,151 and the program allows doctors to obtain up to $2.5 million. The following medical degrees are eligible for this program: MD, DO, DDS, DMD, OD, PHARMD, DVM. There is no mortgage insurance and the lender can close up to 60 days prior to starting a new job. Note that 12 months reserved are required to close.

States Available:

Available in all 50 states



bank of america doctor loan

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Mortgage Program Overview:

Bank of America's physician mortgage product is available in all 50 states to the following medical professionals: MD, DDS, DMD, OD, DPM and DOs. The company will allow medical professionals to borrow up to $1 million with 5% down and $1.5 million with 10% down. Bank of America allows borrowers to close on a new home 60 days prior to the start of your employment as a resident and practicing physician. A minimum credit score of 720 is required to obtain doctor loans. Fixed rates are available for 15 and 30 year loan terms and adjustable rates for 3, 5, 7 and 10 year loan terms.

States Available:

Available in all 50 states


banksnb doctor loan


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Mortgage Program Overview:

BankSNB offers a doctor loan mortgage program for physicians and dentists. Under this program, doctors can borrow up to $417k with no down payment and as much as $3 million with 20% downpayment. Fixed and Adjustable Rate interest options are available for all products and BankSNB lends in Texas, Colorado, Oklahoma and Kansas.

States Available:

Colorado, Kansas, Oklahoma, Texas

sofi doctor loan


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Mortgage Program Overview:

The Doctor Loan Program from SoFi is available to all medical professionals at any stage of their career. The purchase must be for a primary residence and not an investment property. SoFi underwrites applicants at the pre-approval stage (meaning applicants can compete with all cash offers).

States Available:

Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Maryland, Minnesota, New Jersey, North Carolina, North Dakota, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Vermont, Virginia, Washington, Washington, D.C., Wisconsin, and Wyomingbr>



busey mortgages for doctors

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Mortgage Program Overview:

Busey Home Mortgage's doctor loan program is available to physicians in both training and practice. Under Busey's program, physicians can borrow up to $599,999 with no down payment and as much as $1 million with 10% down payment. This loan is only available in a 5/1 adjustable rate interest option. Busey's physician mortgage loan can be used for new construction financing.

States Available:

Colorado, Florida, Illinois, Indiana, Iowa, Missouri and Nebraska


northpointe mortgages for doctors


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Mortgage Program Overview:

Northpointe Bank offers a doctor loan mortgage program for physicians, dentists and podiatrists both in training and in practice. Under this program, doctors can borrow up to $750k with no down payment and as much as $2 million with 20% downpayment. Adjustable Rate interest options are only available and the program can be used for new construction financing. This doctor mortgage program can be used for primary residences as well as secondary and investment properties.

States Available:

Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, Washington

Recent articles about Doctor Loans and Physician Mortgages

Trying to learn more about these doctor mortgage loans? Check out these recent articles!

Physician Mortgage Loan & Doctor Loan FAQs

Physician mortgage loans, also known as doctor loans, are different than traditional mortgages in that they are exclusively offered to medical professionals and require little to no money down and no personal mortgage insurance (PMI). Lenders are willing to offer these products early in a physician's career as they know that the possibility of default is relatively low among medical professionals.
Physicians and dentists can obtain physician mortgage loans and doctor loans in the following states: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

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