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Doctors Only loan

I'm completing my residency and want to buy a home.

Physician loans are meant for new medical professionals, like recent graduates and residents. They consider the high debt-to-income ratio and lack of employment proof that doctors typically face early in their careers. Physician home loans make special allowances for these unique circumstances and are designed with doctors' career trajectories in mind.

Begin your Doctors Only Loan journey today.

What are the benefits of a Doctors Only Loan?

01.

Up to 100% Financing

Haven’t had the chance to save up for a down payment but you’re ready for your dream home? Qualified borrowers may be eligible for up to 100% financing.

03.

Flexible Down Payments 

If you don’t qualify for the up to 100% financing, there are flexible down payment options available that allow you to lock in the down payment that works best for your individual situation.

02.

No PMI (Private Mortgage Insurance)

With no private mortgage insurance, or PMI, your monthly payments will be less, meaning you don’t have to sacrifice other areas of your monthly budget.

Doctors Only Loans in just 3 easy steps.

Are you thinking about applying for a Doctors Only Loan but not sure where to start? Don't worry - we have you covered! Keep scrolling to see the steps ahead of you.

Step 1

Get pre-approved

Our mobile app, Mortgage Express, helps you get pre-approved quickly. It’s secure and you can upload all required documents straight into the app to save you time and energy.

Step 2

Talk to a Mortgage Consultant

Your GVC Mortgage Consultant will keep you and your agent updated every step of the way with our Milestone Updates.

Step 3

Close on your loan

Your Mortgage Consultant will assist you with everything you need and help you setup your closing appointment.

Doctors only loans

Frequently asked questions about Doctors Only Loans.

How much do I need for a Doctors Only Loan down payment?
For qualified borrowers, you will be eligible for up to 100% financing, meaning there is no required down payment. For other borrowers, your down payment will partially depend on your credit score.
Do I have to pay mortgage insurance with a Doctors Only Loan?
In most cases, the loan doesn’t require private mortgage insurance.
Does the home need to be inspected before I can receive a Doctors Only Loan?
You should never purchase a home without having it inspected beforehand. An inspection allows you, the homebuyer, to have a better understanding of the condition the home is in. Aside from an inspection, the home will need to be appraised.
What are the Doctors Only Loan limits?
To better understand loan limits for the program, please contact a Mortgage Consultant. However, it's important to note, if you have a down payment, you could qualify for a higher loan limit.