Physician Mortgage Loans: Student Debt Exclusions & Doctor Loan Underwriting

Physician mortgage loans (Doctor Loans) are specialized portfolio loan products that allow medical doctors, residents, dentists, and veterinarians to finance home purchases with 0% to 5% down, zero Private Mortgage Insurance (PMI), and complete exclusion of deferred student loan debt from Debt-to-Income (DTI) calculations.

Why Doctor Loans Exclude Medical Student Debt

Commercial portfolio banks recognize the high lifetime earning trajectory and sub-1% default rate of medical professionals, allowing residents to qualify using signed employment contracts prior to residency completion.