Medical Professional Mortgage Program Mortgage Loan

Medical Professional Mortgage Program

Turn Your Medical Career Into Homeownership

Medical professionals often carry student loan debt, which can impact mortgage qualification. Our Medical Professional Mortgage Program is designed to account for that, offering more flexibility when evaluating your financial profile.

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Explore Your Medical Professional Mortgage Options

See How Much Home You Can Afford

Use our mortgage calculator to estimate your monthly payments based on home price, loan amount, interest rate, and term. It’s a simple way to plan for homeownership while navigating the next stage of your medical career.

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Check Today’s Mortgage Rates

Compare current fixed-rate and adjustable-rate mortgage options available through our Medical Professional Mortgage Program.

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Apply for a Medical Professional Mortgage

Every situation is unique. Our team will help you understand your options and guide you through the process.

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Who This Program Is For

This program is available to borrowers actively practicing in their field or entering their profession through an internship, residency, or fellowship.

Eligible professions include:

Medical (MD, DO, OD, DPM)
Dental (DDS, DMD)
Vision (MD, OD, DO)
Veterinarian (DVM, VMD, DACVS)
Pharmacist (PharmD)
Physician Assistant (PA)

Medical professional reviewing home financing options

What You Can Do With This Program

Whether you’re just starting out or already established, this program is built to support your goals.

Qualify for a mortgage with more flexibility around student debt
Purchase a primary, single-family home
Refinance an existing mortgage
Choose between fixed-rate and adjustable-rate loan options

Program Advantages

We take a forward-looking approach when evaluating your finances.

May Not Be Counted Toward Qualification:

Student loans deferred for 12+ months
Employer-paid student loan obligations (3+ years)
Mortgage payments on a home pending sale

May Be Considered:

Income from future employment
Salary increases within 90 days of closing

Requirements

To qualify, you’ll typically need:

Credit score of 620 or higher
Debt-to-income ratio up to 50%*
Minimum 3% down payment (not eligible for gift funds)
Gift funds allowed for closing costs and additional expenses

Don’t Forget Homeowners Insurance

Protect your home with coverage you can trust. We’ll help you get started.

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Live Smarter

You’ve invested in your future—now let’s take the next step towards homeownership.

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Interested In Learning More?

Explore more mortgage options and compare this program with other loan solutions on our Mortgage overview page.

Membership and credit requirements apply. Rates and terms determined by overall credit history and subject to change. Equal Housing Lender.

Mortgage products are offered by Owners Choice Funding (OCF) through First Source Federal Credit Union. Mortgages in New York State only. Home Loan interest may be tax deductible. Consult your tax professional about deductibility in your situation. OCF is a registered mortgage lender with the NYS Department of Financial Services. NMLS #56538

Mortgage insurance premiums must be included in debt-to-income figures for underwriting eligibility purposes and may be excluded from for pricing purposes. Please refer to National MI’s Underwriting Guideline Manual and Master Policy for a complete description of policies and requirements at: www.nationalmi.com/underwriting-guidelines-pdf/ and www.nationalmi.com/master-policy-pdf. Representative payment for a 30 year fixed mortgage at 6.75% with a 6.912% APR is $6.49 per $1,000 borrowed. Representative payment for 10/6 ARM at 7.000% with a 7.573% APR is $7.04 per $1,000 borrowed for the first 10 years then subject to increase.