Low down payment options
Eligible scenarios may allow reduced or no down payment, subject to loan size and guidelines.
Starting residency, relocating, or building your practice? Explore physician mortgage options designed for eligible medical professionals, with guidance around down payments, student loans, and employment contracts.
A doctor loan, also called a physician mortgage, is a home loan program for certain eligible medical professionals. Program guidelines may accommodate medical career transitions, employment contracts, and student loan obligations.
Eligibility and loan features depend on the lender and program. Your profession alone does not guarantee approval.
Review potential benefits alongside the rate, fees, payment, and qualification requirements.
Eligible scenarios may allow reduced or no down payment, subject to loan size and guidelines.
Qualifying scenarios may avoid monthly mortgage insurance. Compare total costs before deciding.
Discuss whether an executed contract can support your application and planned closing timeline.
Review how your documented student loan obligations affect qualifying income and debts.
Coordinate your financing around residency, fellowship, or a new medical position.
Review doctor financing alongside other eligible loans to find a suitable overall structure.
These details describe the program outlined on this page. Confirm current requirements for your profession, loan amount, and property with your loan officer.
Start with your timeline and build a financing plan around the full picture.
Discuss your profession, career stage, location, budget, and anticipated move.
Provide requested income, employment, credit, asset, and student loan information.
Review available financing, estimated payments, cash to close, and reserves.
Work through property review, underwriting, final approval, and closing requirements.
Moving for a hospital position, residency, or private practice brings plenty of decisions. Your mortgage plan should account for your start date, relocation costs, housing budget, and funds remaining after closing.
Based in Draper, our Houzd Mortgage team helps medical professionals evaluate financing in Salt Lake, Utah, Davis, and Weber counties. Whether you are considering Salt Lake City, Sandy, Lehi, Provo, or Ogden, compare the full housing payment, including taxes, insurance, and any HOA dues.
Connect with a Houzd loan officer to discuss your Utah property, employment timeline, and available mortgage options.
Not always. The program outlined here may include eligible dentists, pharmacists, podiatrists, veterinarians, and CRNAs, in addition to physicians. Confirm your specific degree and professional status.
Up to 100% financing may be available for qualified scenarios. Eligibility depends on loan amount, credit, reserves, and other requirements. Closing costs and prepaid expenses may still require funds.
Qualifying scenarios may have no monthly mortgage insurance. That does not automatically make the loan less expensive. Compare the rate, APR, fees, and total payment.
Certain residents, fellows, and interns may qualify when their profession, employment, income documentation, and overall application meet program requirements.
An executed employment contract may be considered when it meets program requirements. Ask your loan officer to review compensation, contingencies, start date, and required reserves before choosing a closing date.
Do not assume they are excluded. Student loan treatment depends on program rules and your documented circumstances. Provide current statements and repayment information for review.
The program outlined here generally starts at a 680 FICO score. A higher score may be required for certain scenarios, and meeting the minimum does not guarantee approval.
The program described here offers loan amounts up to $2,000,000 for eligible borrowers. Your approved amount and required down payment depend on income, debts, credit, reserves, property, and underwriting.
This program is limited to eligible one-unit primary residences. Ask about other financing if you are purchasing a second home or investment property.
Eligible rate-and-term refinances may qualify. Review the closing costs, new payment, loan term, and total borrowing costs before deciding.
Complete the form below to discuss your situation, or start your mortgage application. Your loan officer will explain the next steps.
Share a few details about your plans. We'll help you understand potential options and which documents you may need next.
Prefer direct contact?
Anthony VanDyke | Houzd Mortgage
801-206-4343
Schedule a call
Let's build a financing plan around your medical career, homebuying timeline, and monthly budget.
Have questions first? Connect with a Houzd loan officer.
Anthony VanDyke | NMLS #247102 | Houzd Mortgage | NMLS #888979 | Equal Housing Opportunity.
This is not a commitment to lend. All loans are subject to credit, income, asset, property, occupancy, and underwriting approval. Eligible professions, credit requirements, loan amounts, financing percentages, reserves, mortgage insurance treatment, and other guidelines vary by scenario and may change.
Maximum financing percentages are not available at every loan amount. Zero down payment does not mean zero closing costs or no required reserves. Confirm current program terms with your loan officer.