Physician Loans

A Physician Loan is a special type of mortgage designed specifically for medical professionals such as doctors, dentists, and in some cases, veterinarians and optometrists. These loans are tailored to accommodate the unique financial situations of those entering the medical field—such as recent graduates with significant student debt or those just starting their careers.
Key benefits often include:

  • Little to no down payment required
  • No private mortgage insurance (PMI)
  • Flexible debt-to-income ratio guidelines
  • Acceptance of employment contracts in place of pay stubs

Physician Loans help qualified professionals purchase a home earlier in their careers without being penalized for student loan debt. Eligibility varies by lender, but generally includes MDs, DOs, DMDs, DDSs, and similar medical degrees.

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What Our Clients Are Saying

  • “Bill made our home purchase smooth and stress-free. He kept us informed every step of the way. We couldn’t be happier!”

    — Tony & Tina S., Noblesville, IN (Purchase)

  • “Refinancing with Bill saved us hundreds each month. The process was quick and efficient – highly recommend!”

    — Steve H., Bloomington, IN (Refinance)

  • “Brian helped us refinance our home and walked us through everything clearly. We felt confident from start to finish.”

    — Edgar & Rita G., Cape Coral, FL (Refinance)

  • “As first-time buyers, we had a lot of questions. Bill was patient, knowledgeable, and truly went above and beyond.”

    — Robert G., Ft. Wayne, IN (Purchase)




STEPS TO SECURING A CONVENTIONAL MORTGAGE LOAN

Below is a helpful summary of the conventional mortgage loan process. While individual circumstances can slightly change the order or requirements, this guide gives you a clear view of what to expect:


This is your starting point. You’ll provide basic financial information—such as income, debts, and assets—to your loan officer. Based on this, you’ll receive an estimate of how much home you can afford. It’s a great way to get a head start before house hunting and shows sellers you’re a serious buyer.


Once you’ve found a property and have an accepted offer, the formal loan process starts. You’ll complete a full mortgage application and provide documentation like pay stubs, bank statements, and tax returns. The lender will also order a property appraisal and initiate title work during this phase.


The underwriter is the decision-maker. They’ll review your financial documents, credit history, and the appraisal to ensure the loan meets all guidelines. This step determines whether the loan can move forward and if any additional information is needed.


It’s common for the underwriter to request extra documentation. This may include clarification on income, updated statements, or letters of explanation. Promptly responding to these requests helps keep your loan on track and avoids delays.


Once the underwriter has everything needed and all conditions are met, you’ll receive the “clear to close.” This means your loan is fully approved and ready for the final step—closing. You’ll schedule a signing appointment, finalize paperwork, and officially become a homeowner.

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    What Our Clients Are Saying

    • “Bill made our home purchase smooth and stress-free. He kept us informed every step of the way. We couldn’t be happier!”
      — Tony & Tina S., Noblesville, IN (Purchase)
    • “Refinancing with Bill saved us hundreds each month. The process was quick and efficient – highly recommend!”
      — Steve H., Bloomington, IN (Refinance)
    • “Brian helped us refinance our home and walked us through everything clearly. We felt confident from start to finish.”
      — Edgar & Rita G., Cape Coral, FL (Refinance)
    • “As first-time buyers, we had a lot of questions. Bill was patient, knowledgeable, and truly went above and beyond.”
      — Robert G., Ft. Wayne, IN (Purchase)

    Let's Connect

    Contact Us