Home Financing Designed for Medical Professionals
A Mortgage Program Built Around Your Career
Medical professionals dedicate years to education and training before beginning their careers. While the future earning potential is often strong, buying a home during residency, fellowship, or the first years of practice can feel out of reach.
Between student loan debt, starting a new position, and saving for a down payment, many healthcare professionals assume they’ll have to wait to purchase a home.
The good news? You may not have to.
Our Medical Professional Program was designed specifically for eligible healthcare professionals, offering financing options that recognize the unique path of a medical career.
Why Traditional Mortgage Programs Can Be Challenging
Many medical professionals face circumstances that don’t always fit traditional lending guidelines.
Some common challenges include:
- Significant student loan debt
- Limited savings after years of education
- Beginning a new position after residency or fellowship
- Purchasing before receiving a full year’s income
- Looking to buy in competitive housing markets
While these situations can make the homebuying process feel more complicated, specialized financing options may help remove some of those barriers.
Program Highlights
Our Medical Professional Program offers features designed with healthcare professionals in mind.
Up to 100% Financing Available*
Qualified borrowers may be able to purchase a home with little to no down payment, making homeownership more accessible without years of additional saving.
No Private Mortgage Insurance (PMI)
Unlike many traditional loan programs, eligible borrowers can finance up to 100% without the added cost of private mortgage insurance.
Flexible Student Loan Qualifying
Student loan debt is a reality for many medical professionals. This program offers flexible qualifying options for eligible borrowers, helping account for certain student loan situations during the mortgage qualification process.*
Future Employment Contracts May Qualify
Starting a new position soon? Eligible residents, fellows, and other qualified medical professionals may be able to use a signed employment contract to qualify before their first day on the job.*
Loan Amounts Up to $2 Million
Whether you’re purchasing your first home or looking for a larger property as your career grows, financing is available for a wide range of purchase prices.
Fixed and Adjustable-Rate Options
Choose the financing solution that best fits your goals with both fixed-rate and adjustable-rate mortgage options.
Who May Be Eligible?
The Medical Professional Program is available for many healthcare professionals, including eligible:
- Physicians (MD and DO)
- Dentists (DDS and DMD)
- Physician Assistants
- Nurse Practitioners
- Certified Registered Nurse Anesthetists (CRNAs)
- Pharmacists
- Veterinarians
- Optometrists
- Podiatrists
- Medical Residents
- Fellows
- Interns
Eligibility requirements apply.
Is This Program Right for You?
Whether you’re finishing residency, preparing to start a new position, or simply exploring your home financing options, this program may offer advantages that aren’t available through traditional mortgage products.
Every borrower’s situation is unique, and the best financing solution depends on your individual goals, income, and qualifications.
Let Us Help You Take the Next Step
If you’re a medical professional considering buying a home, we’re here to help you understand your options.
A First Home Mortgage Loan Officer can walk you through the program, answer your questions, and help determine whether the Medical Professional Program is the right fit for your homebuying journey.
Contact First Home Mortgage today to learn more about financing designed for medical professionals.
