Physician Mortgage Program
Purchase a home with financing options tailored to qualifying medical professionals, including low down payment opportunities.
Flexible Home Financing for Qualified Medical Professionals
Starting your medical career often comes with unique financial considerations. IMCU's Physician Mortgage Program is designed to help qualifying medical professionals purchase a home with flexible financing options tailored to their needs.
Eligible borrowers may qualify for up to 100% financing with no mortgage insurance requirement. Student loan debt is not included in debt-to-income calculations, making it easier to qualify while managing educational expenses. The program features a 6-year adjustable-rate mortgage with a fixed interest rate for the first six years and is available for loan amounts up to $1,000,000 with no down payment or up to $1,500,000 with 5% down for qualified applicants.
Program Requirements
- Qualifying medical degree required
- Minimum 700 credit score
- Maximum 45% debt-to-income ratio
- Loan amounts up to $1,000,000 with no down payment
- Loan amounts up to $1,500,000 with 5% down
Home Loan Options
Find the mortgage solution that's right for you, from first-time homebuyer programs to refinancing and specialty loan options.