Yes, Residents Qualify for a Physician Mortgage.
0% down. No PMI. Your employment contract is enough.
How Residents Qualify
Physician mortgage lenders understand that residents have high earning potential despite modest current salaries.
Most programs accept a signed employment contract as proof of income — even before your start date.
Your student loan debt is excluded from DTI calculations, which is often the biggest barrier for residents seeking conventional financing.
Key Benefits for Residents
Down Payment
0% — zero out of pocket
PMI
None — ever
Student Debt
Excluded from DTI
Income Proof
Employment contract accepted
Eligible Specialties
MD, DO, DDS, DMD, DPM, OD
Timing
Up to 90 days before start