Washtenaw County

Physician Loans – Buying a Home

A physician mortgage loan, or doctor loan, is a low down payment mortgage available to physicians, dentists and other eligible medical professionals.


A physician mortgage loan is a low down payment mortgage available to physicians, dentists and other eligible medical professionals. They have fewer restrictions for borrowers than conventional loans because lenders generally trust doctors to be responsible borrowers.

Doctors often apply for these mortgages when they’re in residency or shortly after graduating med school. Lenders will accept an offer letter as proof of income, and some will let you take out a mortgage months before your residency officially starts.

Physician mortgage loans also don’t charge private mortgage insurance (PMI) when a borrower puts down less than 20%. Some offer 0% downpayment programs as well, allowing doctors to get the most house for their investment.

Reinhart is the leading real estate company in Washtenaw County. I like to affiliate myself with the leaders & best – and would be honored to assist you in finding a home in the area. Rather than sink thousands into someone else’s mortgage payment, let’s look into how you can invest in your own!

Contact me today to learn more: askidmore@reinhartrealtors.com or 734-709-6656.

After over a decade in the wedding and event industry both planning and designing gorgeous events, I made the decision to join the Reinhart team as a realtor. I was drawn to the real estate industry because of a passion for design and for helping people figure out that next big step in their lives. Not everyone has the ability to visualize what a space can become - and it's something I have spent over a decade doing. Whether you're looking to transition to your future home or staging your current home, I am able to help you visualize the potential of the space.

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