The Doctor Loan Program is a specialty mortgage designed specifically for medical professionals, recognizing the unique career path of physicians and the financial profile that comes with it. Qualifying medical professionals — including M.D., D.O., D.D.S., D.M.D., and D.V.M. degree holders — can access up to 100% financing with no private mortgage insurance. Employment contracts are accepted for residents, fellows, and physicians transitioning between positions. Contact Q Home Loans to confirm eligibility for your medical degree and state.
Whether you're a new resident or an established attending, doctor loan programs are structured around medical career timelines.
Low or no down payment lets you keep capital available for practice expenses, equipment, or investment.
Save $200–$500/month by avoiding private mortgage insurance — a significant benefit on physician-level loan amounts.
Medical school debt in deferment or income-based repayment is often treated favorably, making it easier to qualify.
Use your signed employment contract to qualify before your first paycheck — perfect for residents and fellows relocating.
Q Home Loans works with physicians throughout their careers — from first home to luxury property to investment portfolio.
Relocating for residency? Use your offer letter to qualify before you start — no need to wait for pay stubs.
Just finished training and starting your first attending position? Doctor loans are designed for this exact transition.
High-income doctors looking to purchase a luxury home or investment property benefit from no-PMI programs and high loan limits.
Doctor loan programs extend to DDS, DMD, DVM, and other healthcare professionals — not just MDs.
Get answers to common questions about doctor loans.
Most programs cover MD, DO, DDS, DMD, DVM, PharmD, and sometimes NP, PA, and other advanced practice providers. The specific eligible designations vary by lender.
Yes. Residents and fellows are specifically accommodated — you can use your employment contract or offer letter as proof of income, even before your first paycheck.
Student loans in deferment or income-based repayment are often excluded from DTI calculations or treated at a reduced payment amount — a significant advantage for physicians with high medical school debt.
Loan amounts up to $1.5M–$2M are available depending on the program and borrower profile. This makes doctor loans suitable for high-value markets.
Doctor loan rates are typically slightly higher than conventional rates (0.125%–0.375%), but the no-PMI benefit usually more than offsets the rate difference for most physicians.
Explore other financing options that may fit your situation.
In-depth guides and articles related to doctor loans.
Q Home Loans specializes in doctor loans for homebuyers and investors in Washington. Get expert guidance and competitive rates.