Doctor loans for Utah's medical professionals
Physician loans are designed around the reality of medical careers: big student loans, a contract instead of pay stubs, and income that's about to rise.
- Low or no down payment on many programs
- No private mortgage insurance
- Close on a signed employment contract before you start
Real numbers. Straight answers. No pressure.
Tell us a little about your goals. Nelson will reach out the same business day with options from dozens of wholesale lenders.
See if you qualify: free, no commitment.
No pressure. Nelson will give you a straight answer about whether this works for your situation.
Built for how doctors actually earn
A resident with $300,000 in student loans looks risky on a standard application. A physician loan looks at the whole picture: your earning trajectory, your profession and your contract.
Many programs let you close on a signed employment contract before your start date, count income-driven student loan payments (or exclude deferred loans), and skip PMI even with little or nothing down.
Whether you're matching to the University of Utah, Intermountain, a private practice or relocating for a new role, we'll compare physician programs from multiple lenders. A single bank can only offer you its own.
This is a good fit if you…
- Are an MD, DO, DDS, DMD, or (with some lenders) DPM, PharmD, PA, NP or CRNA
- Are a resident, fellow or attending physician
- Have significant student loan debt
- Are relocating for a new contract
Physician loan benefits
Low or zero down
Many programs offer 100% financing up to certain loan amounts.
No PMI
Save hundreds a month compared to a conventional loan with low down.
Student loans handled fairly
Income-driven payments or deferred loans treated favorably.
Close on your contract
Some programs close up to 60–90 days before your start date.
Jumbo amounts
Physician programs can extend into jumbo loan sizes.
Relocation-friendly
Get approved and close remotely while you finish training elsewhere.
Physician loan vs. conventional loan
| Physician loan | Conventional (5% down) | |
|---|---|---|
| Down payment | 0–10% | 5%+ |
| Private mortgage insurance | None | Required under 20% down |
| Student loan treatment | Flexible or excluded if deferred | Payment counted in debt ratios |
| Income documentation | Signed contract accepted | Pay stubs & W-2 history |
| Best for | Residents, fellows, new attendings | Established earners with savings |
Terms vary by lender and program. We'll compare the options available for your specialty and loan size.
Buyers keep coming back
Nelson and Danna did an outstanding job processing everything for my VA loan. They were very quick and responsive, and everything went much quicker than I expected. I was very happy with the rate and fees they were able to get for me.
This is the 2nd time we have worked with them to buy a house… They helped us to ensure that we configured our mortgage the best way possible for our needs. They were in constant contact with us to make adjustments to get us the best deal possible.
I could not have been happier with my experience! Nelson and Danna went way above and beyond… you will get an incredible attention to detail, but most of all you will feel like you're talking to your friends.
Questions we hear often
Who qualifies for a physician loan in Utah?
Typically MDs and DOs, and often dentists (DDS/DMD). Some lenders include podiatrists, pharmacists, PAs, NPs, CRNAs and veterinarians.
Can residents and fellows get a physician loan?
Yes. Many programs are designed specifically for residents and fellows.
Is the rate higher on a physician loan?
Sometimes slightly, but no PMI often makes the total payment lower. We'll compare both.
Can I close before I start my job?
Many programs allow closing on a signed, non-contingent employment contract before your start date.
Ready to see what you qualify for?
Talk with Nelson for 15 minutes. You'll leave with real numbers and a clear plan.