Doctor Mortgage Loan Programs – A Step-by-Step Guide To The Application Process
March 20, 2026
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Gene Zink (NMLS# 162301 )
972-897-4120
Gzink@bankoftexas.com
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Yes, student loans are included in debt-to-income (DTI) ratios. However, physician mortgage underwriting generally offers more flexibility with student loan treatment than conventional mortgages.
Yes. Residents and fellows with a signed employment contract can typically qualify and close before their official start date, helping with relocation and planning.
Loan limits vary based on borrower qualifications and underwriting, but BMO Harris offers competitive financing levels with low or no down payment options for eligible physicians.
No. Physician mortgage programs with BMO Harris do not require private mortgage insurance (PMI), even with low or no down payment.
Down payment requirements depend on loan amount. Many physician borrowers can qualify with low or no down payment on certain loan tiers; larger loans may require a modest down payment.
Signing bonuses and guaranteed future income may be considered qualifying income if documented in the employment contract and accepted by underwriting.
BMO Harris Bank offers physician mortgage loans in all U.S. states except New York (NY).
BMO Harris Bank’s physician mortgage offers competitive low down payment options, no PMI, flexible student loan guidelines, and nationwide availability (excluding NY), making it a solid alternative to other physician lenders.
Yes. Physician mortgage loans through BMO Harris can be used for primary residences, including eligible condos. Multi-unit eligibility depends on occupancy and underwriting guidelines.
Doctor Loan Programs™ is a division of Physician Focused™, a nationwide advisory platform serving physicians and healthcare institutions.
Across the Physician Focused™ network, the focus remains consistent:
Loan officer participation supports that mission by contributing to a trusted, hospital-safe resource.
Loan officers interested in participating in Doctor Loan Programs™ may request additional information regarding listing availability and participation standards.
