Physician mortgage loans are being offered by more and more banks. Whether it is a good option for you really depends. I discuss my experience using a doctor mortgage in this post. The three main features you will see with most physician loans are:
- No PMI despite a down payment of only 0-10%.
- Special treatment for the student loans (usually that they only take required payments into consideration).
- Will close before you start working by accepting a contract, instead of paystubs, as evidence of future earnings.
Are you interested in a physician mortgage loan? The individuals listed below offer physician mortgage loans for these lenders and are paid advertisers on the blog. We appreciate hearing feedback on these advertisers, both good and bad.
Thank you for supporting those who support this site and our charitable mission. Some of these lenders also offer loans for other high income professionals such as dentists, veterinarians, attorneys, podiatrists, optometrists, accountants, and others. (Lenders- if you would like your name and contact info listed here, contact us for a quote.)
Physician Mortgage Lenders
Fifth Third Bank:
First Citizens Bank:
First Federal Lakewood:
OH, MI, KY, WV, IN, FL
Contact: Eric Veronica (NMLS# 83197) at 419- 318-8985 or [email protected]
First United Bank:
Fulton Mortgage Company:
AZ, CA, CO, FL, HI, IL, KS, MA, MI, MO, NV, NJ, NC, OH, OK, OR, PA, TX, VA, and WA
Contact: David Henderson (NMLS#1183120) at
Suntrust now Truist:
AR, KS, MO, OK
Contact: Jim Secrest (NMLS #1104170) at 913-634-2323 or [email protected]
Contact: Moses Luevano (NMLS #1426259) at (855)4BankMD (422-6563) or [email protected]
AL, AR, AZ, CA, CO, FL, GA, ID, KS, LA, MA, NM, NV, OH, OK, OR, PA, RI, TN, TX, VA, and WA.
Contact Michael Wagner (NMLS# 801156) at 817-310-4017 or [email protected]
BMO Harris Bank:
CO, FL, GA, NC, TX
Contact: Stephen Moore (NMLS #268781) at 512-785-5354 or 713-871-4057 or [email protected]
**Equal Housing Lender. Member FDIC.