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Flat Branch Home LoansDoctor Loan Program

A doctor loan takes the standards of a conventional loan, but with the added benefit of excluding student loan debt from the debt-to-income calculation. We understand the weight of student loans with a medical degree and we want to help make your homebuying process as achievable and cost-effective as possible.

Program Highlights

Here are some of the benefits and requirements of the doctor loan:

  • Only 3% down payment requirement for loan amounts up to $650,000
  • Only 10% down payment requirement for loan amounts $650,001-$850,000
  • Student loans deferred 12+ months from the closing date, payments can be excluded from the debt-to-income calculation
  • Employment contracts accepted when starting date is within 60 days of closing
  • Competitive interest rates and loan programs
  • Primary residence only
  • Flexible loan terms

Who is Eligible?

The following professions qualify for a doctor loan:

  • Medical residents (with educational license)
  • Medical Doctor (MD)
  • Doctor of Dental Science (DDS)
  • Doctor of Dental Medicine or Surgeon (DMD)
  • Doctor of Optometry (OD)
  • Doctor of Ophthalmology (MD)
  • Doctor of Pediatric Medicine (DPM)
  • Doctor of Osteopathy (DO)