April 29th, 2025 8:44 PM by Sheree Byrd
Did you know doctors can buy a home with high student loans?
Enter the world of physician mortgage loans—a special type of loan made just for doctors! These loans help medical professionals buy homes even when they have student debt.
Here's how it works:
- You can get a loan with little or no money down. That means you might buy a $1 million home with no down payment!
- No need to pay for private mortgage insurance (PMI) even with a small down payment.
- They focus on future income, not just current income, making it easier for new doctors to qualify.
- Credit score needed is around 700, but some programs go as low as 680.
- Student loans often get special treatment, helping more doctors qualify.
Healthcare workers: Here’s your chance to own a home without jumping through the usual hoops. And in our area, with its beautiful landscapes and strong sense of community, it’s a chance to put down roots where you’ll love living.
Thinking about buying a home? Let’s talk about if a physician mortgage could work for you.
What's your biggest home-buying challenge? Share in the comments!
#PhysicianMortgages #HomeBuying #RealEstate #StudentLoans #MedicalProfessionals