PHYSICIAN MORTGAGE FAQ
Physician Mortgage Questions, Answered
These are the questions I hear most often from physicians at every career stage — residents finishing training, attendings relocating for a new position, and established physicians ready to build a custom home.
Matt Siket | Mortgage Loan Originator | NMLS #442558
QUALIFYING
Can I qualify for a physician mortgage while still in residency?
Can I use a signed employment contract to qualify before I start?
How are my student loans treated in the qualification process?
What professions are eligible for physician mortgage programs?
DOWN PAYMENT & COSTS
Do physician mortgage programs require a down payment?
Is mortgage insurance required on physician loans?
What cash will I need at closing even if there is no down payment?
TIMING & PROCESS
How early should I start the mortgage planning process?
How long does the physician mortgage process take?
Can I buy a home while relocating for a new position?
BUILDING & CONSTRUCTION
Can physician mortgage programs be used for new construction?
What is a single-close construction loan and how does it work for physicians?
Have a Question That Isn't Answered Here?
Every physician situation is different. A planning review gives you answers specific to your career stage, income structure, and housing goals — not generic information.