Texas physician mortgage loans designed for MDs, DOs, dentists, and other medical professionals. Flexible student loan treatment, ability to qualify with an employment contract, and loan amounts going up to $2M+.
These programs are built around specific medical degrees that allow for 0% down and PMI financing.
This is for licensed physicians including attendings, residents, and fellows. If you haven't started yet, you can still qualify using your signed employment contract.
Both general dentists and specialists qualify - orthodontists, oral surgeons, periodontists, endodontists, and more.
Still in training? You can qualify with a signed contract or residency match letter. In many cases, we can use your future attending income - not your current resident pay.
Licensed optometrists can qualify under certain physician loan programs. We'll confirm eligibility based on the specific program.
Doctors of Podiatric Medicine are eligible under many physician mortgage options available here in Texas.
Some programs also extend to PharmDs, CRNAs, PAs, NPs, and similar roles. Eligibility depends on the lender - ask us about expanded options.
This loan for Physician Mortgages is built around the real challenges medical professionals face - large student debt, delayed income while in training, and needing to buy a home before starting a new position.
Most programs allow you to purchase with 0% down up to $1M, and with 5-10% down options extending to $2M+. No matter the down payment - there's no PMI.
Unlike conventional loans where you pay PMI until you 20% equity, physician loans don't charge PMI at all. That alone can save you anywhere from $300 to $800+ per month depending on your loan size.
This is a big one because loans in deferment or on income based repayment (IBR) may be excluded completely - or calculated at just 0.5% of the balance instead of the standard 1%.
You don't have to wait until your first paycheck! We can use your signed employment contract as proof of income, which is ideal if you are relocating or transitioning from residency to an attending role.
Here's why physician loans are structured differently - and why they often make more sense for your situation.
Streamlined for busy medical professionals.
We confirm your degree, license, and employment details. Whether you are currently working or starting soon, we can usually pre-qualify you with a quick call.
We run your numbers using physician loan guidelines - including student loan flexibility - so you get a real picture of your buying power, not a limited one.
Shop confidently knowing your approval is based on 0% down and no PMI. Your pre-approval letter shows sellers you are a strong and serious buyer.
The team we have in-house moves quicker than national banks. We can even close before your official start date if needed or we can close on your schedule.
Common questions from doctors and dentists buying homes in Texas.