Physician Mortgage Loans
Is a Physician Loan right for you?
Your career required years of sacrifice, study, and significant student loan investment. At The Orlicki Group, we believe those years of hard work should be rewarded, not held against you. Standard conventional loans often penalize doctors for high debt-to-income (DTI) ratios and a lack of traditional employment history.
Physician Loans (also known as Doctor Loans) are designed to bridge that gap. Whether you are a resident, a fellow, or an established attending, our physician programs offer the leverage you need to secure a home without draining your liquidity or waiting years to save a 20% down payment.
Are you a medical doctor, dentist, or specialist? You may be eligible for a mortgage that ignores your student debt and accepts your employment contract as proof of income!
Benefits of a Physician Loan
- $0 Money Down: Purchase your primary residence with 100% financing on loan amounts up to $1,000,000 or more.
- No Private Mortgage Insurance (PMI): Avoid the monthly “dead money” of mortgage insurance, even with a 0% down payment. This can save you hundreds of dollars every month compared to a conventional loan.
- Student Loan Flexibility: We use specialized underwriting that can exclude deferred student loans or use your actual Income-Driven Repayment (IDR) amount instead of a percentage of the total balance.
- Close Before You Start: Close on your new home up to 90 days before your start date using your signed employment contract or residency agreement.
- High Loan Limits: Access “Jumbo” loan amounts (up to $2M+) without the typical 20% down payment or strict reserve requirements required by traditional big banks.
- Fast, Broker-Led Processing: As independent brokers, we shop multiple specialized doctor-loan investors to find the best rate and term for your specific specialty.
Physician Loan Eligibility Requirements
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Eligible Designations: MD, DO, DDS, DMD, DPM, DVM (Residents, Fellows, and Attendings).
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Employment Verification: A signed employment contract with a start date within 90 days or current pay stubs.
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Satisfactory Credit: Typically requires a 700+ FICO score for 100% financing options.
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Primary Residence: Designed for single-family homes, townhomes, or warrantable condos in the Tampa Bay area.
