What is a physician loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
A physician loan is a specialty program for doctors, dentists, and some other medical professionals that offers low or no down payment, no PMI, and flexible treatment of student-loan debt and signing bonuses.
It recognizes that new physicians have high earning potential despite large student loans and a short job history. We work with lenders offering physician loans across Florida and will confirm your eligibility by profession.
What makes a physician loan special
A physician loan is built for doctors and dentists. It often needs little or no down payment. It can also ignore student loan debt that would sink a normal file.
Lenders offer these because doctors are low-risk over time. High future earnings offset the thin savings early in a career. Some programs extend to residents and fellows.
Physician loans in Florida
Florida has strong demand for physician financing near hospitals and med schools. The right program can get a new doctor into a home fast. Terms vary widely by lender.
We compare physician programs so you see the real trade-offs. Bring your contract or offer letter and we will find your best fit.