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.)
Select Your State
AK | AL | AR | AZ | CA | CO | CT | DE | DC | FL | GA | HI | IA | ID | IL | IN | KS | KY | LA | MA | MD | ME | MI | MN | MO | MS | MT | NC | ND | NE | NH | NJ | NM | NV | NY | OH | OK | OR | PA | RI | SC | SD | TN | TX | UT | VA | VT | WA | WI | WV | WY
Iberia Bank/First Horizon:
AK, AZ, CA, CO, CT, FL, GA, HI, ID, IL, IN, KY, ME, MD, MA, MI, MO, MT, NV, NH, NJ, NM, NY, NC, OH, OR, PA, RI, SC, TN, TX, UT, VT, VA, WA, WI, WY, DC
Contact: Colin Ruffner (NMLS #340475) at 703-615-5934 or [email protected]
Level One Bank:
Physician Group at Neo Home Loans
South State Bank:
Contact for approved states (email preferred)
Contact: Jonathan Brozek (NMLS #850168) at 916-788-7982 or [email protected]
Amplify Credit Union:
Contact: Moses Luevano (NMLS #1426259) at (855)4BankMD (422-6563) or [email protected]
BB&T now Truist:
Blueleaf Lending – A subsidiary of Midwest Community Bank:
BMO Harris Bank:
Consumers Credit Union:
Contact: Greg Wierenga (NMLS #1636813) at 616-446-2567 or [email protected]
First Federal Lakewood:
Frandsen Bank & Trust:
Fifth Third Bank:
First Citizens Bank:
First National Bank of Pennsylvania:
Contact Ken Roos (NMLS# 436834) at 412-951-6793 or [email protected]
Fulton Mortgage Company:
DC, DE, MD, NJ, PA, VA
Contact Jim Webster (NMLS #658933) at 240-620-1414 or [email protected]
Golden 1 Credit Union:
AK, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MO, MT, NE, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, UT, VT, VA, WA, WV, WI, WY, DC
Contact Sandi Jameson-Frith (NMLS#564023) at 586-749-8355 or [email protected]
^ NMLS # 399797
**Equal Housing Lender. Member FDIC.
*All loans are provided by KeyBank National Association, Member FDIC and Equal Housing Lender. (NMLS #399797)