The Physician Home Loan

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Physician Home Loan

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Connect with a lender.

We typically respond in less than 10 minutes.

Questions? We’re here to help. Call now (888) 632-2651.

8am to 8pm. CST
Monday – Saturday

Your time is valuable.

Connect with a lender.

We typically respond in less than 10 minutes.

Questions? We’re here to help. Call now (888) 632-2651.

8am to 8pm. CST
Monday – Saturday

Your time is valuable.

Connect with a lender.

We typically respond in less than 10 minutes.

Questions? We’re here to help. Call now (888) 632-2651.

8am to 8pm. CST
Monday – Saturday

$0 Down Physician Home Loans

Available up to $1 million¹

The physician loan (sometimes called a doctor mortgage) was created because of the distinctive challenges many physicians face when borrowing due to their high debt-to-income ratios — thanks to student loans. Through Physician Bank, mortgage financing options are available in 50 states for licensed physicians, residents, and medical school graduates with the following degrees:

Medical Doctor (MD) · Doctor of Dental Surgery (DDS) · Doctor of Medicine in Dentistry (DMD) · Doctor of Optometry (DO) · Doctor of Osteopathic Medicine (OD) · Doctor of Podiatric Medicine (DPM) · Doctor of Veterinary Medicine (DVM) · Registered Pharmacists (PharmD)

Pressure-free no obligation mortgage pre-qualifications.

Loan Benefits for Physicians

$0 down up to $1 million¹

100% financing on loans up to $1 million for qualified physicians.

No PMI payment

Save money on monthly mortgage payments compared to loans with private mortgage insurance (PMI).

$3 million max loan amount²

Subject to approval, 100% financing not available on loans over $1 million. Contact us to learn more.

90-day locks³

Get qualified today and shop for 90 days with locked mortgage terms.

Student loan debt leniency⁴

Medical school loan debt has less impact during decisioning compared to some traditional mortgages.

DTI up to 45%⁵

Debt-to-income (DTI) compares how much you owe each month to how much you earn.

Townhome & condo approved

In addition to single-family dwellings, the Physician Loan can be used to purchase townhome and condo units.

Recent grads & residents

Mortgage options are also available for recent medical school graduates and residents.

¹100% financing available on purchase loans up to $1,000,000. Property use must be primary residence.

² Subject to approval. 100% financing not available on loans over $1,000,000. Contact us to learn more.

³ Subject to terms and conditions of the lock agreement.

⁴ 0.5% of student loan balance used as monthly qualifying payment.

⁵ Maximum DTI is 45%.

3 Steps to Get Into Your New Home

Follow these steps to get pre-qualified

Step 1

Answer a few questions online.

Tell us a bit about your home purchase plans so we can prepare the right mortgage information for you.

Step 2

Meet with your physician loan specialist

You’ll have a dedicated point of contact at Physician Bank to work with throughout the loan process. They’ll call you shortly after receiving your information to complete step3, pre-qualification.

Step 3

Get pre-qualified

The physician loan pre-qualification process can be finished in as little as 15 minutes over the phone. When finished you’ll know exactly how much you qualify for and how your physician loan is structured.

About Physician Bank

Physician Bank is a team of bankers and advisors with decades of experience guiding physicians through their financial journeys. As our customer, you will have access to a dedicated loan specialist, a personal private banker, proficient advisors, and more.

Physician Home Loans Shield Private

We value your privacy and do not sell personal data to outside companies or 3rd parties. Any information you submit through this website goes directly to Physician Bank.

Check Prompt

We understand your time is valuable so we pledge to provide prompt and courteous service throughout your loan experience.

Physician Bank

140 North Phillips Avenue #101A, Sioux Falls

Kazvin Marfatia ★★★★★ 4 months ago

My fiancé and I are so grateful we got to work with Julie! As first time home buyers, the home buying process can be daunting but we honestly could not have had a better experience. Julie is available night and day to address any of our … More concerns and her responses are always very prompt. We valued how organized she is and would recommend her expertise to anyone. Thank you Julie!!! Looking forward to working with you again in the future :)

Kirbi Sullivan ★★★★★ 6 months ago

Matt was the best! Wonderful to work with and made the process so easy. Very responsive and easy to get ahold of 24/7. Great option for first time home buyers and young physicians in residency. My husband looked at several options for mortgages … More and the Physician Bank team was by far the best. Juanita was also wonderful and very helpful! Will definitely be recommending to other physicians looking to buy.

Cristina Toledo-Cornell ★★★★★ 7 months ago

I worked with Teresa DeWolf anf her awesome team and I could not be happier with their professionalism, engagement, efficiency and overral stellar costumer service. I have now referred her and her team at Physicians bank to other colleagues … More and family. She gave ne a great rate and I am a seasoned Buyer (4th home). The process is seameless and the app super user friendly. I could not have asked for a more seameless experience on getting a loan! Thank you!! Picture of my new home bellow!

Fernando Zayas Bazan ★★★★★ 5 months ago

Physician Bank helped me secure a home loan at a great interest rate. We just closed June 12th 2023! Thank you Ryan and Physician Bank for making this sooo smooth!

Trinh To ★★★★★ 2 months ago

We had the utmost pleasure to work with Julie Velline. She is amazing!!! She helped us close the house in 4 days!! She honestly did God's work and made our dream come true. We were with another lender for 2.5 weeks and were not satisfied … More with their service. The previous lender clearly did not specialized in physician loans like we thought they do. Otherwise, they wouldn't have made the process more complicated than what it really is. It was the constant back and forth and none of our goals were being met. You would think there'll be minimal issues when you have 1 pharmacist and 1 medical physician in the household with 2 incomes. We had major headaches with the previous lender before we finally gave up on them and decided to be brave to reach out to a new lender during the buying process!! I called 1-2 other lenders and they all gave me the realistic answer of "No, we need at least 3-4 weeks to gather all the paperwork and process the loan". It was understandable considering we were with another lender for literally 2.5 weeks yet no loan was officially closed. I finally reached out to Julie for one final effort… and it was on Labor Day, 9/4! I did not anticipate any response due to the holiday and clearly all the banks would be closed. However, Julie responded!! She said they were closed for the holiday but she was willing to look over our documentation. I asked her if she can realistically help us close the loan on our closing date & she said "I don't see why not??". I was nearly in shock. My boyfriend and I sent over all the required documents. Julie and her processor literally worked around the clock for 2-3 days straight, I tell you! She was super responsive to her emails and worked like no other. She made sure to take care of us and to meet our goal of closing the house on 9/13/23. Honestly wow. Everyone we encountered during this buying process was nice and enjoyable to work with. They clearly know what they're doing and clearly have worked with other physicians and healthcare professionals before. They know how doctors live their life and their typical situations. They didn't have much questions regarding our background and finances. A+++ for Physician Bank and Julie! We are truly thankful for you.

Tony Captain ★★★★★ 5 months ago

Matt velline was an amazing mortgage loan originator. This was undoubtedly the most flawless and efficient process I have ever been involved in to obtain home mortgage loan. Rather the Spanish inquisition, I encountered a consummate professional … More who embodied sincerety and kindness. He was informative every step along the way and made the experience pleasant and tranquil. Matt made the process seem easy and comfortable. So, indeed wonderful loan mortgage originator that was the most superb!!!! Thank you physician bank for being the best ever in my book!!!! Also, Julie and Juanita were an intricate part of the process and great assets to the team!!! Kudos to all!!!!

4.9 61 reviews

Kazvin Marfatia ★★★★★ 4 months ago
My fiancé and I are so grateful we got to work with Julie! As first time home buyers, the home buying process can be daunting but we honestly could not have had a better experience. Julie is available night and day to address any of our … More concerns and her responses are always very prompt. We valued how organized she is and would recommend her expertise to anyone. Thank you Julie!!! Looking forward to working with you again in the future :)
Kirbi Sullivan ★★★★★ 6 months ago
Matt was the best! Wonderful to work with and made the process so easy. Very responsive and easy to get ahold of 24/7. Great option for first time home buyers and young physicians in residency. My husband looked at several options for mortgages … More and the Physician Bank team was by far the best. Juanita was also wonderful and very helpful! Will definitely be recommending to other physicians looking to buy.
Cristina Toledo-Cornell ★★★★★ 7 months ago
I worked with Teresa DeWolf anf her awesome team and I could not be happier with their professionalism, engagement, efficiency and overral stellar costumer service. I have now referred her and her team at Physicians bank to other colleagues … More and family. She gave ne a great rate and I am a seasoned Buyer (4th home). The process is seameless and the app super user friendly. I could not have asked for a more seameless experience on getting a loan! Thank you!! Picture of my new home bellow!
Fernando Zayas Bazan ★★★★★ 5 months ago
Physician Bank helped me secure a home loan at a great interest rate. We just closed June 12th 2023! Thank you Ryan and Physician Bank for making this sooo smooth!
Trinh To ★★★★★ 2 months ago
We had the utmost pleasure to work with Julie Velline. She is amazing!!! She helped us close the house in 4 days!! She honestly did God's work and made our dream come true. We were with another lender for 2.5 weeks and were not satisfied … More with their service. The previous lender clearly did not specialized in physician loans like we thought they do. Otherwise, they wouldn't have made the process more complicated than what it really is. It was the constant back and forth and none of our goals were being met. You would think there'll be minimal issues when you have 1 pharmacist and 1 medical physician in the household with 2 incomes. We had major headaches with the previous lender before we finally gave up on them and decided to be brave to reach out to a new lender during the buying process!! I called 1-2 other lenders and they all gave me the realistic answer of "No, we need at least 3-4 weeks to gather all the paperwork and process the loan". It was understandable considering we were with another lender for literally 2.5 weeks yet no loan was officially closed. I finally reached out to Julie for one final effort… and it was on Labor Day, 9/4! I did not anticipate any response due to the holiday and clearly all the banks would be closed. However, Julie responded!! She said they were closed for the holiday but she was willing to look over our documentation. I asked her if she can realistically help us close the loan on our closing date & she said "I don't see why not??". I was nearly in shock. My boyfriend and I sent over all the required documents. Julie and her processor literally worked around the clock for 2-3 days straight, I tell you! She was super responsive to her emails and worked like no other. She made sure to take care of us and to meet our goal of closing the house on 9/13/23. Honestly wow. Everyone we encountered during this buying process was nice and enjoyable to work with. They clearly know what they're doing and clearly have worked with other physicians and healthcare professionals before. They know how doctors live their life and their typical situations. They didn't have much questions regarding our background and finances. A+++ for Physician Bank and Julie! We are truly thankful for you.
Tony Captain ★★★★★ 5 months ago
Matt velline was an amazing mortgage loan originator. This was undoubtedly the most flawless and efficient process I have ever been involved in to obtain home mortgage loan. Rather the Spanish inquisition, I encountered a consummate professional … More who embodied sincerety and kindness. He was informative every step along the way and made the experience pleasant and tranquil. Matt made the process seem easy and comfortable. So, indeed wonderful loan mortgage originator that was the most superb!!!! Thank you physician bank for being the best ever in my book!!!! Also, Julie and Juanita were an intricate part of the process and great assets to the team!!! Kudos to all!!!!

The Physician Home Loan

$0 Down Physician Home Loans

Loan Benefits for Physicians

3 Steps to Get Into Your New Home

Physician Bank

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