Everything You Need To Know About Physician Home Loan Programs
March 8, 2026
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Jennifer Roberts (NMLS#1281769
757-268-5624
Jeroberts@fultonmortgagecompany.com
Gene Zink (NMLS# 162301 )
972-897-4120
Gzink@bankoftexas.com
Do you want Gene to contact you?
Fulton Mortgage Company generally prefers a strong credit score, typically around 700 or higher, although final approval depends on the borrower’s overall financial profile and employment contract.
The FMC medical professional product allows deferred student loans to not be included in the qualifying ratios if documentation is provided to verify the student loan will be deferred for more than 12 months after closing.
Medical residents with a minimum of 6 months residency remaining may use the alternative documentation listed below as evidence the student loans will be in deferment for at least 12 months:
Yes. Residents, fellows, and new doctors with a signed employment contract can typically qualify and close on a home before their official start date, assisting with relocation and planning.
Loan limits vary based on qualifications, but the program offers competitive financing up to significant loan amounts with low or no down payment options for eligible physicians.
No. The physician mortgage program through Fulton Mortgage Company does not require private mortgage insurance even with low or no down payment.
Down payment requirements vary depending on loan size and borrower profile. Many physician borrowers can qualify with low or no down payment at certain loan tiers; larger loan amounts may require a modest down payment.
Signing bonuses and guaranteed future income can often be included in qualifying income when properly documented in the employment contract and accepted by underwriting.
Fulton Mortgage Company’s physician mortgage program is available in DC, DE, MD, NJ, PA, and VA.
Fulton Mortgage Company offers competitive low or no down payment options, no PMI, and flexible student loan guidelines, positioning it strongly compared to many traditional physician mortgage lenders.
Yes. Physician mortgage loans through Fulton Mortgage Company 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.
