Doctor Loans: 0% Down Mortgages for Medical Professionals
Medical school comes with a mountain of student debt and not much time to save. Doctor loans are built for exactly that situation: up to 100% financing, no mortgage insurance, and flexible DTI rules that account for your earning trajectory, not just your current income.
Built for How Doctors Actually Live
High student debt. Strong future income. Limited time to save. Doctor loans recognize the financial reality of new medical professionals and remove the obstacles that standard loan programs create.
What Is a Doctor Loan?
Doctor loans are a non-agency mortgage product designed to solve a specific problem: medical professionals complete years of training with significant student debt, limited savings, and often no established credit history in the traditional sense — yet they have among the strongest long-term earning profiles of any profession.
Standard loan programs penalize that profile. Doctor loans don't. They allow eligible medical professionals to purchase or refinance with little or no down payment, skip mortgage insurance entirely, and use flexible debt-to-income guidelines that reflect where a doctor's career is headed, not just where it is today.
Key Features at a Glance
Eligible Medical Professionals
At least one borrower whose income is being used to qualify must hold one of the following designations. The medical professional must be the primary wage earner.
Program Parameters
Full program guidelines as of June 2026. Parameters subject to change. Dan will confirm current guidelines for your specific scenario.
Loan Structure
- ·Primary purchase and rate & term refinance only
- ·15-year fixed
- ·30-year fixed
- ·5/6 ARM, 7/6 ARM, 10/6 ARM
- ·Max cash-back on rate & term: 1% of new loan amount
Loan Amounts
- ·Minimum loan: $100,000
- ·Minimum ARM loan: $350,000
- ·Maximum loan: $2,000,000
LTV & Credit
- ·Min LTV: 90.01%
- ·Max LTV: 100% (zero down payment)
- ·Min FICO: 680
- ·Mortgage insurance: not required
Max DTI by Scenario
- ·50% — LTV ≤ 95% (30-year fixed)
- ·45% — LTV > 95%
- ·45% — All ARMs
- ·45% — 15-year fixed
Rate Lock & Buydowns
- ·Exact Rate and Custom Rate Lock permitted
- ·Minimum lock term: 15 days
- ·Temporary rate buydowns: not permitted
Other Guidelines
- ·Tradeline history: minimum 24 months
- ·Minimum 1 active tradeline required
- ·Non-occupant co-borrowers permitted
- ·Non-occupant co-borrower income must be ≤ 50% of total qualifying income
- ·Escrow waivers: not permitted
- ·Appraisal waivers: not permitted
- ·Maximum 4 financed properties
Doctor Loan Pros & Cons
Pros
- Up to 100% LTV — zero down payment possible
- No mortgage insurance at any LTV
- Flexible DTI up to 50% on select scenarios
- Loans up to $2,000,000
- Available to residents, fellows, and interns
- Non-occupant co-borrowers permitted
- Fixed and ARM options available
Cons
- Primary residence only — no investment properties
- Purchase and rate & term refinance only
- Min FICO 680 — not available for thin credit profiles
- Appraisal waivers not permitted — full appraisal required
- Escrow waivers not permitted
- Temporary rate buydowns not available
- Non-occupant co-borrower income capped at 50% of qualifying income
Doctor Loan FAQs
Why Medical Professionals Work With Dan Ardis
Access to Multiple Doctor Loan Lenders
As an independent broker, Dan submits your file across multiple wholesale lenders that offer doctor loan programs, not just one. That means more options, more competitive pricing, and the right fit for your specific credentials and scenario.
Former Underwriter — Fewer Surprises
Dan spent years as a Senior Specialty Underwriter before becoming a broker. He pre-underwrites your file before submission, which means conditions that kill deals mid-escrow get identified and resolved before you're under contract.
Student Loan Expertise
High student loan balances are the central challenge in doctor loan qualification. Dan knows how income-driven repayment plans, deferred loans, and forgiveness programs affect DTI calculations and will structure your file accordingly.
Direct Access — No Call Centers
You're busy. Dan is your one point of contact from application to closing. You won't be routed to a processor or an 800 number. Questions get answered directly, usually within the hour.
“Best experience I've had with a lender! Prompt, professional and responsive! The process from offer to close was completely seamless. Would highly recommend Dan to anyone purchasing a home.”
Related Programs & Resources
Ready to See What You Qualify For?
Doctor loans have specific parameters. Dan will review your credentials, loan amount, and scenario and tell you exactly where you stand. Free consultation, no obligation.