Medical Professional Programs
0% down. Loan amounts to $2 million. No mortgage insurance.
Whether you're starting your residency, beginning your practice, or well into your career, our doctor loan options can help you buy a home with low down payments an no mortgage insurance.
Overview
What is a medical professional home loan?
Medical Professional Home Loans are specialized mortgage programs designed for eligible physicians, dentists, pharmacists, and other licensed healthcare professionals. Unlike traditional mortgages, these programs recognize that many medical professionals begin their careers with high earning potential but limited savings, significant student loan debt, or a recent employment contract. We offer two Medical Professional Loan Programs—MedPro Premier and MedPro Advantage—to serve healthcare professionals at different stages of their careers. Whether you're entering residency, starting your first practice, or an established provider purchasing your next home, these programs offer financing solutions tailored to your unique financial path. Depending on the program you qualify for, you may be eligible for up to 100% financing, no private mortgage insurance (PMI), loan amounts up to $2 million, and flexible income qualification options.
Highlights
Medical professional program features
Eligibility
Eligible professions
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MedPro Premier |
Both |
MedPro Advantage |
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Eligibility
General qualification requirements
MedPro Premier
- As little as 0% down payment
- May qualify using a signed employment contract before your first paycheck
MedPro Advantage
- As little as 5% down payment
- Traditional income documentation required (W-2s)
Both
- Loan amounts up to $2 million
- No mortgage insurance required
- Primary residence, 1-unit homes
pros and cons
Things to consider before getting a medical professional loan
- Eligibility is limited to certain healthcare professions. Not every medical or healthcare career qualifies for these programs.
- These programs are designed for primary residences. They generally aren't available for vacation homes or investment properties.
- Not every borrower will qualify for 100% financing. Your profession, credit profile, and selected MedPro program determine your available financing options.
- Borrowers must still meet credit and underwriting requirements. These programs offer flexibility, but approval isn't guaranteed.
Getting started
How it works
1. Talk with us
We'll learn about your profession, employment status, income, and home buying goals to determine whether MedPro Premier or MedPro Advantage is the right fit.
2. Get preapproved
Receive a personalized preapproval so you can confidently shop for a home knowing how much you may be able to borrow.
3. Find your home
Work with your real estate agent to find the right home while we guide you through the financing process from contract to closing.
4. Close with confidence
Our team will help you navigate the final steps so you can close on your new home and start the next chapter of your medical career.
FAQ
Frequently Asked Questions
We’re here to help! Find answers to your everyday banking questions.
A MedPro home loan is a mortgage designed specifically for eligible medical professionals. Depending on your profession and qualifications, you may be able to purchase a home with as little as 0-5% down and no mortgage insurance.
MedPro Premier offers up to 100% financing for select medical professions. MedPro Advantage offers up to 95% financing and expands eligibility to additional licensed healthcare professionals. Both programs offer no mortgage insurance and loan amounts up to $2 million.
Yes. Eligible residents, fellows, and interns may qualify depending on the program and profession.
Some borrowers may qualify for up to 100% financing through MedPro Premier, while others may qualify for up to 95% financing through MedPro Advantage.
No. Neither MedPro Premier nor MedPro Advantage requires mortgage insurance for eligible borrowers.
Both programs are designed for the purchase of a primary residence. Eligible property types vary by program and may include single-family homes, townhomes, PUDs, and certain condominiums. Your loan officer can review property eligibility with you.
