The Loan Program Your Residency Director Never Told You About.
As little as 10% down on loans up to $1M. Student loan-friendly. Designed exclusively for physicians, and backed by 30 years of mortgage wisdom you won't find at a big-box lender.
A physician mortgage loan is a home loan built for doctors: MD, DO, DDS, DVM and similar. You can put as little as 10% down with no private mortgage insurance on loans up to $1M, subject to credit approval and program terms. Student loans count at 1% of the balance or the minimum payment on your credit report. Residents and attendings can qualify with a signed employment contract. A small group of national portfolio lenders makes them, not Fannie or Freddie.
Do physician loans work for residents and fellows?
Yes, with a signed employment contract. There's no minimum contract term, and you qualify on the contract, not your resident pay. Subject to credit approval and program terms.
Sean's married to a physician. He gets the timeline, the student debt, the relocations, and the earning curve.
Attending Physicians
MDs, DOs, JDs: established or relocating. As little as 10% down on loans up to $1M.
Residents & Fellows
Qualify on your signed contract, not your current salary. We understand the trajectory.
Buying on your contractGroup Practice Owners
Buying your first practice space? Commercial and residential lending under one roof.
Relocating Physicians
Moving for a new role? Close before you start. We move at physician speed.
Physicians Building Custom
Most physician programs only buy existing homes. Sean combines construction-to-perm with doctor terms: one close, dirt to doorstep.
Physician construction loansWhat down payment and PMI rules apply to physician loans?
As little as 10% down with no PMI on loans up to $1M. Subject to credit approval and program terms. The no PMI benefit is tied to that 10% down program; it doesn't apply at every down payment. On a conventional loan, you need 20% down to skip PMI.
As little as 10% down on loans up to $1M
No PMI on the 10% down program up to $1M. Subject to credit approval and program terms.
Student loans count at 1% of the balance or the minimum payment on your credit report
Sean's team moves fast: physician-specific processing lane
Why use a physician loan specialist instead of a local bank?
One file, one underwriter, and a national portfolio lender instead of local bank overlays. Three differences: your loan is held, not sold; student loans count at 1% of the balance or the minimum payment on your credit report; and you can qualify on a signed contract. Subject to credit approval and program terms.
Most lenders offer physician loans. Very few offer physician lending strategy.
| Physician loan | Conventional | FHA | |
|---|---|---|---|
| Minimum down payment | As little as 10%, up to $1M | Varies by program | 3.5% |
| Mortgage insurance | None on the 10% down program up to $1M | PMI below 20% down | MIP required |
| Student loans | 1% of balance or minimum payment on credit report | Standard agency rules | Standard HUD rules |
| Max loan amount | 10% down, no PMI up to $1M | Conforming limit (FHFA) | FHA limit (HUD) |
| Who qualifies | MD, DO, DDS, DVM and similar, with a signed contract | Any qualified borrower | Any qualified borrower; 600+ score with Sean |
Three steps. Zero stress.
Most physicians spend 40+ hours shopping lenders. This takes 90 seconds to start.
Talk to Rosie
Tell Rosie about your situation: buying, refinancing, relocating. 90 seconds, no forms. Rosie doesn't pull your credit. She calculates your Savings Score.
Rosie Watches
Rosie monitors rates multiple times a day. She knows your loan structure, your goals, and exactly when a savings window opens.
Sean Closes It
When the window opens, Sean calls you personally. One phone call. White glove. Loans originated through a top-five U.S. bank.
Physicians trust Sean.
“I thought my student loans would keep me from buying for years. Sean got me into a zero-down physician loan in 28 days. No PMI. My colleagues couldn't believe it.”
“Sean understood the physician timeline. I was closing on a house while finishing fellowship. He made it seamless. Rosie's been watching my rate ever since.”
“We refinanced with Sean and saved $420/month. His ARM strategy with Rosie monitoring was the move nobody else suggested.”
He's not just a loan officer. He's family.
Sean is married to a physician. He's lived the 80-hour weeks, the relocations, the student loan weight, and the delayed gratification. He built Rosie because physicians deserve someone watching out for them, even when they're too busy to watch for themselves.
Physician Loan FAQ
Can I qualify with $300K+ in student loans?
I'm still in residency. Can I buy now?
What are the down payment requirements?
How is this different from other physician lenders?
What types of properties qualify?
Is there really no cost for the rate monitoring?
Ready to see what you qualify for?
Book a free 20-minute strategy call with Sean. Or start with a 90-second check with Rosie. Rosie doesn't pull your credit.
Physician Loans: Available in All 50 States
Sean originates in all 50 states. Select your state for local details.
HouseCall Partnership
Sean Shallis, Private Wealth Mortgage Banker and National Physician Loan Expert with U.S. Bank Home Mortgage, is a preferred lending partner of HouseCall.
Start here
Just Ask Rosie. She's harmless and free.
Thinking of buying, selling, investing or refinancing? Ask her anything, any hour. No pitch. When it's worth a call, she points you to her Dad.
Ready now
Book 20 minutes with Sean
A strategy call, not a pitch. You leave knowing what fits, what it takes, and your next step.
Go deeper
The long-form answers, for when a summary is not enough.
- Ask Rosie your physician loan questionFree, any hour. Rosie doesn't pull your credit. Rosie answers, then lines up Sean when you want him.Read it
- Physician mortgage loans: the complete guideHow they work, who qualifies, what they cost, and how they compare.Read it
- The physician's guide to buying a homeFrom residency to keys, on the physician timeline.Read it
- Buying on your employment contractQualify on the contract you signed, before day one of the job.Read it
- Home loans for residents and new attendingsClose in 30 days on average. Subject to credit approval and program terms.Read it
- Recasting after you closeLower the payment later without refinancing the rate.Read it
Related reading
Written for physicians, not adapted for them.
- Buy or rent for a short first posting?The honest math when residency moves you again in three years.Read it
- When your income does not fit a W-2 box1099, partnership draws, bonus and RVU pay: how an underwriter reads them.Read it
- Relocating for the new job? You need a plan, not a predictionThe professional with a start date, and the door that fits it.Read it