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Created with practicing physicians in mind

A mortgage specifically designed for you

You have experience and time on your side. We have excellent loan options for MD, DO and DDS healthcare professionals. As an attending or practicing physician, our specialized mortgage programs will help you get the best value from your home mortgage. We understand the hurdles that you face as a practicing physician when applying for home financing, we work with your individual circumstances and scenario to get you into your new home. Our physician mortgage programs were developed for your unique situation and borrower profile.

Borrow up to 100% of your home's value with our mortgage programs and move into your new home very little money out of pocket. 

These special terms such as student loan consideration, use an employment contract as declared income, and no PMI are offered to all doctors from residents to attendings and more.

Why Us?

First United and Scott Wells

From the time you apply for your physician home mortgage loan, until the day you close and get the keys to your new home, our specially trained and experienced staff manages and oversees the entire loan process. Your loan officer, Scott Wells, has been specializing in physician lending since 2010. We proudly serve the Dallas, Houston, Austin, and San Antonio Metro Areas.

How's it work?

The mortgage process for physicians

  • Pre-Qualify

    Medical residents, fellows, practicing physicians, and dentists with employment contracts. US Citizens, Permanent Resident Aliens, and Non-Permanent Resident Aliens.

  • Mortgage Loan Approval

    100% financing up to $750,000 loan amount with no PMI. 95% financing up to $1,500,000 loan amount with no PMI. Single-family homes and townhomes allowed. Condominiums allowed but must meet warrantable guidelines per Fannie Mae

  • Close & Move In

    Your trusted loan officer Scott Wells working in tandem with your real estate agent will help you throughout your journey to homeownership and financing. We work hard to get you a quick and efficient close.

About our doctor based mortgage programs

Frequently Asked Quetions

A "qualified borrower" is typically a medical resident, fellow or attending physician with a signed contract for employment.


  • Physicians (MD, DO)
  • Licensed Residents/Interns/Fellows in MD, DO programs.
  • Dentists (DDS and DMD)

While we can facilitate a doctor mortgage nationwide, we typically deal with borrowers in the Dallas, Houston, San Antonio, and Austin metro areas.

We offer loan amounts up to 100% of the home value. This means you will not need a downpayment.

Typically contact start dates are within 90 days of the loan application, but we make the decision on a case by case basis.

No, as long as there is a signed employment contract in place with a start date of less than 90 days out.

Specialized Mortgage Guidelines

Physician-based Mortgages Benefits

Zero Downpayment

Physician mortgages require very little to no downpayment. This means you can get into a home for a lot less money than it would take other types of borrowers. The extra savings helps put you in a beneficial position so that you don't have to deplete your savings just to move into your new home.

No Private Mortgage Insurance (PMI)

Private Mortgage Insurance or PMI is a monthly fee that lenders add to your mortgage in case you default on your loan. The amount varies but is typically 0.5% to 1% of the entire loan amount on an annual basis. So in other words, a $300k mortgage could force the homeowner to add an additional $250/mo fee to their mortgage. The PMI is typically added to any mortgage where the borrower doesn't put down at least 20%. Fortunately, our underwriters have eliminated PMI for our physician-based mortgage products - allowing you to put as little as zero down and still not pay for PMI.

Student Loan Consideration

Student loans are often a barrier because they create a high debt to income ratio, our physician-based mortgage programs can factor those out of the equation allowing you to qualify for a larger mortgage amount.

Future Income Consideration

We look at your future income vs your past income. Typical mortgages require the average of your last 2 years of employment and use that as your basis. However, we understand that often times a new or recent contract provides you with a higher income level and it's rather secure so we can even get your approved for financing before you've begun working at a new location.

Physician Mortgage Program

  • 100% financing up to $1,000,000
  • 95% financing up to $1,500,000
  • Competitive pricing with no mortgage
    insurance (PMI) required
  • 15/1 Adjustable Rate Mortgage (ARM) allowed
    on both jumbo and conforming loan amounts,
    payment/rate may increase after initial 15-year
    fixed period
  • 30 Year Fixed Rate option allowed on both jumbo
    and conforming loan amounts
  • Medical Professionals with the following
    designations are eligible: MD, DO, DDS, DMD*
  • Student loans deferred for a minimum of
    12 months not included to qualify
  • FICO scores down to 700 allowed depending
    on LTV and loan amount

*At least one borrower must be a resident, fellow, practicing physician or a dentist. Proof of a medical license is required. Eligible doctors are those that have had their medical license for 10 years or less. 

Getting into your new home is just a click away

From the time you apply for your physician home mortgage loan, until the day you close and get the keys to your new home, our specially trained and experienced staff manages and oversees the entire loan process, schedule a free consultation today to get started.