Medical Professional Loans
Specialized mortgage loans for licensed medical professionals offering up to 100% financing with no mortgage insurance. Ideal for doctors, dentists, pharmacists, and other qualifying medical practitioners.
Is This Loan Right for You?
A medical professional loan is right for you if you are a licensed medical professional — such as an MD, DO, DDS, DMD, PharmD, DVM, DPM, or CRNA — and want to purchase a home with little or no down payment and no private mortgage insurance. With up to 100% LTV financing at a minimum 680 FICO score, you can buy with zero down and no PMI at any loan-to-value ratio. Loan amounts reach $2 million with a 720 score or $1.5 million at 680, and the 50% DTI limit accommodates significant student loan balances using income-based repayment calculations. Medical residents, fellows, and interns qualify using projected income from an employment contract or offer letter. Five-year and seven-year ARM options are available for primary residences only. Compared to conventional loans requiring 20% down to avoid PMI, doctor loans eliminate insurance entirely while allowing zero down. Choose a medical professional loan if your degree qualifies and you want homeownership without waiting to pay off student debt.
Doctor Loans vs Conventional vs FHA
Medical professional loans eliminate PMI and allow 100% financing — benefits no other program can match.
| Feature | Doctor Loan | Conventional | FHA |
|---|---|---|---|
| Down Payment | 0% (100% financing) | 3-20% | 3.5% |
| PMI | None at any LTV | Required if <20% down | MIP for life of loan |
| Student Debt Handling | Favorable IBR calculations | Full payment or 1% of balance | IBR or 1% of balance |
| Credit Score | 680+ | 620+ | 580+ |
| Eligible Professions | MD, DO, DDS, DMD, PharmD, DVM, DPM, CRNA | Anyone | Anyone |
| Loan Limits | Up to $2M (720+ FICO) | $806,500 conforming | $498,257-$1,209,750 |
| Closing Timeline | 30-45 days | 30-45 days | 30-45 days |
What Are the Doctor Loans Requirements?
Min Credit Score
680+
Min Down Payment
0%
Max LTV
100%
Max DTI
50%
Loan Limits
Up to $2M (720+ FICO) or $1.5M (680+ FICO); 95% LTV up to $1.5M
PMI / MIP
No mortgage insurance required at any LTV
Occupancy
Primary residence only
Key Features
- Up to 100% LTV (no down payment) with 680+ FICO
- No private mortgage insurance (PMI) required
- Loans up to $2M at 720 FICO / $1.5M at 680 FICO
- DTI up to 50% — student loan-friendly
- 5-year and 7-year ARM options available
- Projected income accepted for residents, fellows, and interns
- Escrow waivers available up to 90% LTV
- Purchase and rate-and-term refinance eligible
How It Works
Verify Eligibility
Confirm your medical credentials — we'll verify your degree, license, or residency status to determine program eligibility.
Pre-Qualification
We review your income (or projected income for residents), student debt, credit profile, and assets to determine your maximum purchase price.
Application & Rate Lock
Complete your application, submit documentation, and lock in your rate. We shop our lender network for the best doctor loan terms.
Closing & Move In
Finalize your loan documents, fund the mortgage, and get the keys — with zero or minimal cash out of pocket.
What Are the Pros and Cons of Doctor Loans?
Advantages
- 100% financing with no down payment — keep your savings for practice costs
- No PMI at any loan-to-value ratio — saves hundreds per month
- Student loan debt treated favorably with income-based DTI calculations
- Projected income accepted — don't wait until after residency to buy
Considerations
- Limited to primary residence only — no investment properties
- Only available to specific medical professions (not all healthcare workers)
- Higher loan amounts ($1.5M-$2M) require 720+ credit score
Frequently Asked Questions
Getting a Doctor Loans Loan in the San Gabriel Valley
NetCORE Lending™ is headquartered in Diamond Bar and has been helping borrowers across the San Gabriel Valley secure doctor loans financing since 2015. We serve homebuyers and homeowners in Pomona, Walnut, Rowland Heights, West Covina, Chino Hills, Covina, La Verne, Glendora, San Dimas, Hacienda Heights, and City of Industry — as well as borrowers throughout California.
As a local mortgage broker, we understand the San Gabriel Valley real estate market — from the higher-value properties in Chino Hills and Diamond Bar to the more affordable options in Pomona and West Covina. Our team provides bilingual service in English and Vietnamese and shops 100+ wholesale lenders to find you the lowest available rate on your doctor loans loan.
Call (714) 399-6361 to discuss doctor loans options with a local loan advisor, or get pre-qualified online in 2 minutes.
Also Consider
Explore other loan products that might be a good fit for your needs.
Conventional
A traditional mortgage not insured by the federal government. Ideal for borrowers with strong credit and stable income who want competitive rates and flexible terms.
Jumbo
Financing for high-value properties that exceed conforming loan limits. Ideal for luxury homes and high-cost real estate markets in Southern California.
Fixed-Rate
Lock in a consistent interest rate and monthly payment for the entire life of your loan. Available in 15 or 30-year terms, providing long-term payment stability.
Non-QM
Flexible mortgage solutions for borrowers who do not meet traditional lending criteria. Includes bank statement loans, P&L loans, and ITIN loans for self-employed and non-traditional income earners.
Ready to Get Started?
Apply online in minutes or call us to speak with a loan advisor about your Doctor Loans options.
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.
Reviewed by Joann Ton, Loan Officer (NMLS# 1461031) | Last updated: June 2026