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.
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
Medical residents, fellows, practicing physicians, and dentists with employment contracts. US Citizens, Permanent Resident Aliens, and Non-Permanent Resident Aliens.
Mortgage Loan Approval100% 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 InYour 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
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.