
What Makes This Loan Different
McGowan Mortgages understands that your financial profile doesn’t look like everyone else’s and it shouldn’t have to. Our Doctor Home Loan is engineered around the realities of a medical career: high earning potential, deferred start dates, and significant student loan debt. Here’s what you get:
Program Highlights:
- Up to 100% financing – no down payment required
- Loan amounts to $2,000,000
- Qualify using your employment contract or signed offer letter
- Start dates accepted up to 150 days after closing
- Projected income accepted for qualification
- Flexible debt-to-income (DTI) guidelines designed for doctors
- No mortgage insurance required
Who This Program Is For
This loan was designed with your career path in mind. If you fall into any of the following categories, you may qualify:
- Medical Doctor (MD)
- Doctor of Osteopathic Medicine (DO)
- Doctor of Dental Surgery (DDS)
- Doctor of Dental Medicine (DMD)
- Certified Registered Nurse Anesthetist (CRNA)
- Doctor of Pharmacy (PharmD)
- Resident
- Fellow
Whether you’re just finishing residency, signing your first attending contract, or relocating for a new practice we’ll meet you where you are.
No Waiting. No Penalties. No Cookie-Cutter Underwriting.
Most mortgage programs weren’t built for high-achieving professionals. They penalize you for student loan debt, require years of employment history, and ignore the earning trajectory that makes your application exceptional.
McGowan Mortgages does it differently:
- No waiting years to save for a down payment
- No penalizing you for medical school debt
- No one-size-fits-all underwriting – just a smart strategy built around your career
Frequently Asked Questions About Doctor Home Loans
- Can I get a Doctor Home Loan as a resident or fellow? Yes. The program is specifically designed to accommodate residents and fellows, including those with deferred income or upcoming start dates.
- Do I need a down payment? No, financing up to 100% of the purchase price is available depending on loan amount and qualifications.
- Can I use my job offer letter to qualify? Yes. McGowan Mortgages accepts signed employment contracts and offer letters, with start dates up to 150 days from closing.
- Will my student loans hurt my chances of approval? This program features flexible DTI guidelines that account for the reality of medical education debt so your student loans won’t disqualify you the way they might in a conventional program.
- What loan amounts are available? Doctor Home Loans are available up to $2,000,000.
- What states does McGowan Mortgages serve? McGowan Mortgages is headquartered in Kansas City, MO and licensed in more than 40 states nationwide.
Ready to get into your next home?
If you’re stepping into your next chapter in medicine, let’s get you into your next home. Get a free, no-obligation quote today, it only takes a few minutes.
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