MedMoneyGuide
Comprehensive Review

Best Physician Mortgage Loans for 2026

Zero down payment. No PMI. We analyzed the top lenders offering exclusive home loan programs for doctors.

0-5% Down Payment NO PMI Required Student Loans Excluded from DTI

At a Glance: The "Big 5"

RESIDENT FAVORITE
Huntington

100% financing up to $1M. Unbeatable for new doctors.

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TD Bank

High loan limits. Up to $2M with just 10% down.

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BMO

Excellent for construction loans and renovations.

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Truist

Wide national availability and solid 100% financing options.

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KeyBank

Great for high net worth and very large loan amounts.

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Huntington Bank

100% FinancingRegional Powerhouse
Our Rating
5.0/5

The Good

  • $0 Down up to $1 Million
  • Low fixed rates available
  • Excellent customer service reputation

Best For

ResidentsNew AttendingsMidwest

The Bottom Line: If you are in their footprint (Midwest/East), Huntington is often the unbeatable choice for your first home. The ability to buy a $1M home with zero down payment is a massive advantage for new attendings.

TD Bank

High LimitsEast Coast Focus
Our Rating
4.8/5

The Good

  • Up to $2 Million with roughly 10% down
  • Flexible DTI calculations
  • Allows closing before starting job (up to 90 days)

Best For

High Home ValuesEast Coast

The Bottom Line: For physicians in high-cost-of-living areas (NYC, Boston, Philly), TD Bank is a top contender. Their willingness to lend large amounts with relatively small down payments makes luxury markets accessible.

BMO

Construction ProsNational Reach
Our Rating
4.7/5

The Good

  • One of the few with a Physician Construction Loan
  • Up to $2 Million loan amounts
  • Competitive ARMs (Adjustable Rate Mortgages)

Best For

Building Custom HomeRenovations

The Bottom Line: If you plan to build your dream home or do a massive renovation, BMO is the specialist you need. Most physician loans are for existing homes only, making BMO a unique player.

Truist

Widely AvailableEstablished Program
Our Rating
4.8/5

The Good

  • Available in many states across the US
  • Up to 100% financing for specific loan amounts
  • Solid digital banking experience

Best For

Most PhysiciansSoutheast/Mid-Atlantic

The Bottom Line: Truist (formerly SunTrust/BB&T) helped invent the physician mortgage. They have a very mature, reliable program that works for the vast majority of doctors.

KeyBank

Big LoansHigh Net Worth
Our Rating
4.7/5

The Good

  • Loans available up to $3.5 Million
  • Personalized relationship banking
  • Can use 1099 income effectively

Best For

Super High EarnersLuxury Homes

The Bottom Line: If you are looking to buy a "Forever Home" in the $2M-$3M+ range, KeyBank is one of the few lenders who can facilitate that with physician-friendly terms.

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