Home Loans for Doctors

Allied Home Mortgage offers many loan programs that are especially well-suited to the needs of doctors. Whether you are a first-year resident, making the move from residency to your first job, or have been a practicing physician for many years, we have loan programs to fit your unique financial situation:

  • Interest-only loan programs. If you are just starting out in the profession, and your income is destined to rise, you may benefit from an interest-only loan. You can qualify for a larger loan amount and have a lower payment in the first years of the loan, allowing you to buy a house that fits your future income.
  • Zero-down loan programs. If you are just starting out in the profession, your years of training probably did not give you much opportunity to save for the 5% downpayment required for most conventional loan programs. Zero-down loan programs allow you to achieve home ownership sooner and earn a higher return on your savings by building up equity in a home.
  • Stated income loan programs. Physicians who derive their income from a combination of private practice, teaching, research grants, and other sources, may find it difficult or overly burdensome to provide the income documentation normally required for "full-doc" loan programs. As a physician, your good credit, income, and professional status may be sufficient to qualify for loan programs that do not require income verification.

To qualify for these loans, borrowers must satisfy lender guidelines for income, assets, and credit. For more information on loan programs for doctors, contact Allied Home Mortgage.

To apply for a doctor loan, fill out our short prequalification form, or submit an online application, or call us at 503-356-2241.

A divider that separates sections of text

Allied Home Mortgage offers competitive rates, low fees, and superior service on hundreds of loan programs, including conventional, FHA, VA, and USDA Guaranteed Rural Housing. At the Hillsboro, Oregon branch we are licensed to originate home loans throughout Oregon and Washington. We specialize in financing real estate purchase transactions, including manufactured home land-home packages. We also offer rate and term refinances, cash-out refinances, home equity loans, and construction loans. We welcome applications from first-time homebuyers, borrowers with limited income and assets, and borrowers with damaged credit that have been turned down elsewhere. Click here for more information about us.

A divider that separates sections of text