Physician Loan Requirements in Florida
What you need to qualify for a physician loan in Florida: eligible degrees, an employment contract, credit, and how student debt is handled. Licensed FL mortgage broker NMLS# 1859012.
By Onias Derilus, Mortgage Capital · NMLS# 1859012 · Last Updated: June 2026
Physician loans are built around a doctor's reality: high future income, thin early savings, and large student debt. Qualifying centers on your degree, your employment contract, and your credit, with rules that treat student loans far more kindly than a conventional file does.
What You Need to Qualify
Physician loans reward your earning trajectory rather than your current bank balance. The lender confirms your eligible profession, your income or signed contract, and a clean credit profile.
Most Florida physician programs land in a similar range. Your exact terms depend on the lender, the loan size, and your credit.
Student Debt Treated Fairly
On a conventional loan, large student balances can sink your debt-to-income ratio. Physician programs handle them differently, often using your income-based repayment amount or excluding deferred loans from the calculation.
That single rule is why so many residents and fellows qualify for a physician loan when a conventional file would decline them. It lets your future income, not your training-era debt, define what you can buy.
Eligible Borrowers
Physician loans serve attending physicians, residents, fellows, and dentists, and many programs extend to other high-earning professionals. Residents and fellows can often use a signed contract with a future start date.
The property is usually a primary residence. Confirm your profession and timeline with us early, since eligibility and down payment can shift by lender and career stage.
Physician Loan Requirements — FAQ
Physician loans serve attending physicians, residents, fellows, and dentists holding an MD, DO, DDS, or DMD, and many programs extend to other high-earning professionals. Residents and fellows can often qualify using a signed employment contract with a future start date.
Physician programs treat student debt far more kindly than conventional loans. Many use your income-based repayment amount or exclude deferred loans entirely from the debt-to-income calculation, which is why doctors with large balances still qualify.
Physician loans often allow 0 to 10% down with no private mortgage insurance. The exact amount depends on the lender and loan size, but the low-down, no-PMI structure is a core reason doctors choose these programs early in their careers.
See If You Qualify for a Physician Loan
No PMI · Student debt solutions · Licensed FL mortgage broker NMLS# 1859012
Rates are illustrative only. APR and payments vary by credit score, loan amount, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.