Mortgage Solutions Designed for Medical Professionals.
100% Financing on loan amounts up to $2 million!
At First Community Mortgage, we don’t believe in one-size-fits-all lending, especially for those who spend their lives caring for others. Our Doctor Loan Program is intentionally designed to be more flexible, more powerful, and more inclusive than traditional physician loan options, all backed by a truly customer-first experience.
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Up to 100% Financing on loan amounts up to $2 million
Most lenders cap you at just $1 million!
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Broad Medical Professional Eligibility
Our program supports a wider range of healthcare careers,not just MDs, including residents and fellows, DO, DDS, DMD, DVM, OD, DPM, PharmD, CRNA, Residents, and Fellows.
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Jumbo Loan Expertise
Access highly competitive jumbo loan options designed to accommodate larger loan amounts without unnecessary friction.
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Flexible, Creative Financing
We offer thoughtful solutions for income complexity, student loan considerations, and credit challenges… your financial story isn’t textbook.
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Primary Residence Options
Available for 1-unit primary residences, Condos, Townhouses, and PUDs, giving you flexibility without compromise.
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Inclusive Borrower Options
Programs available for non-permanent residents and eligible borrowers with lawful work authorization, subject to standard guidelines.
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Service That Actually Serves You
Every loan is tailored to the individual, not a checklist. Our approach is 100% customer-service driven, start to finish.
Terms
• 100% financing up to $2,000,000
• Up to $2,500,000 with 89.99% financing*
• Eligible properties – 1-unit properties, Condos, Townhouses, and PUDs
• No Private Mortgage Insurance (PMI)
• Non-Warrantable condos restricted to 89.99% financing
• May close on home up to 150 days prior to starting new employment
• 1099 self-employed contracts eligible with signed employment contract
• Can omit a departing residence with minimum 20% equity**
*This product feature is available in limited states. Ask your Loan Originator for details.
**Additional restrictions apply.
Professions
• MO
• DO
• DDS
• DMD
• DVM
• OD
• DPM
• PharmD
• CRNA
• Residents
• Fellows
Strengths
• Debt-to-Income ratio allowable up to 50%
• No 2-year work history is required for 1099/self-employed physicians
• Gift funds eligible for down payment, closing costs and reserve requirements
• May close on a home up to 150 days prior to starting new employment. Most lenders cap you at 90 days!
• Flexibility on student loan payments