The Home Loan Built For Medical Professionals
You spent a decade building your career. Now let’s build your financial future. Doctor Loans give you up to $2M in financing with no PMI — even on day one of your career.
Who Qualifies for a Doctor Loan?
This program is built for licensed medical professionals and those completing their training. If your designation is listed below, you likely qualify — even before your first attending paycheck.
Benefits Designed Around Your Career
Standard mortgage guidelines weren’t built for doctors. This program was.
Zero PMI — Ever
No private mortgage insurance regardless of your down payment. That’s potentially hundreds of dollars back in your pocket every single month.
Up to $2 Million
Finance a primary residence up to $2,000,000 — well above conforming loan limits, giving you real buying power in any Tennessee market.
Student Loan Flexibility
We often use your IBR payment — or $0 — instead of the full standard calculation. This significantly improves your debt-to-income ratio and unlocks more buying power.
Low Down Payment Options
Put as little as 0–10% down depending on loan size. Preserve your cash for practice buy-ins, equipment, or an emergency fund.
Employment Contract OK
Starting your attending job within 90 days? Your signed offer letter counts as qualifying income — no need to wait for W-2s or pay stubs.
Fast, Streamlined Process
Less paperwork, fewer hoops. We understand your income structure and close efficiently — so you can focus on your patients, not your mortgage.
Doctor Loan vs. Conventional
Here’s how the physician loan stacks up for medical professionals.
| Feature | Doctor Loan ✓ | Conventional |
|---|---|---|
| PMI Required? | No PMI — ever | Yes, if < 20% down |
| Max Loan Amount | Up to $2,000,000 | ~$806,500 conforming |
| Minimum Down Payment | As low as 0–5% | 3–5% (PMI applies) |
| Student Loan Treatment | 0% or IBR payment used | Full payment counted |
| Residents / Fellows Eligible? | Yes — with offer letter | Generally no |
| Employment Contract Accepted? | Yes | Usually requires W-2s |
| Best For | Medical professionals at any stage | General borrowers with 20%+ down |
From Consultation to Closing — 4 Simple Steps
I’ve helped medical professionals across East Tennessee navigate this. It’s simpler than you think.
15-Minute Consultation
We review your designation, income, and goals. Takes less time than a patient intake form.
Pre-Approval Letter
We collect a few documents and issue your pre-approval — typically within 24–48 hours.
Find Your Home
Shop with confidence knowing exactly what you qualify for. I’ll coordinate directly with your agent.
Close & Move In
We handle the heavy lifting. You sign, get your keys, and settle in before your next shift.
Doctor Loan FAQs
Quick answers to what medical professionals ask most.
I’m still in residency. Can I really qualify?
Yes. If you have a signed employment contract showing your attending salary starting within 90 days of closing, that future income is used to qualify you — not your resident stipend. This is one of the most powerful features of the physician loan.
How does the student loan calculation work?
For most physician loan programs, we use your income-based repayment (IBR) payment — or in some cases $0 — instead of a percentage of your total balance. This can dramatically improve your debt-to-income ratio and unlock significantly more purchasing power.
Is this program only for primary residences?
Yes, the Doctor Loan is for primary residences only. If you’re interested in investment properties, I have DSCR loan and portfolio programs that are a better fit for that goal.
Do I need perfect credit to qualify?
Not at all. While stronger credit gets you better rates, physician loans are designed to be more flexible than standard programs. We’ll review your full profile during a free consultation — no obligation.
Do you serve the Knoxville and East Tennessee area?
Absolutely. I’m licensed in Tennessee and work with medical professionals throughout the Knoxville metro — including those affiliated with UT Medical Center, Covenant Health, and Tennova — as well as surrounding areas like Maryville, Oak Ridge, and Sevierville.