Who may be eligible?
- Physicians: MD and DO
- Dentists: DDS and DMD
- Ophthalmologists
- Psychiatrists
- Pharmacists
- Veterinarians
- Podiatrists
- Eligible certified registered nursing professionals
- Residents, fellows, and interns with qualifying degrees
Medical professional home buying | South Florida
Medical Professionals Loan guidance
Buy sooner. Keep more cash.
Move on your schedule.
Eligible medical professionals may have access to up to 100% financing, no mortgage insurance, and loan amounts up to $2 million. Mercedes connects those advantages to a focused South Florida home search.
Your income may be new. Your career is not.
A private, no-pressure first conversation. Not a loan application.
Medical Professionals Loan
Buy sooner without putting your liquidity on hold.
Eligible medical professionals may have access to up to 100% financing, no mortgage insurance, and loan amounts up to $2,000,000 for an owner-occupied primary residence.
Mercedes turns the verified purchase range into a focused South Florida search, coordinates private showings, and handles the real estate work from offer through closing.
Up to 100%Financing on qualifying transactions$2MMaximum loan amount
Maximum loan amount and maximum financing percentage may apply to different eligibility tiers. Program terms are subject to current guidelines, borrower qualification, property eligibility, and final underwriting.
- No mortgage insurance
- Fixed and ARM options
- Purchase and rate-and-term refinance options
Medical Professionals Loan — at a glance
A mortgage path designed around a medical career.
Program benefits
- Up to 100% financing and no mortgage insurance on qualifying transactions.
- Loan amounts up to $2,000,000, with fixed and ARM options.
- Purchase and rate-and-term refinance options for an owner-occupied primary residence.
- Product range shown from 90.01% to 100% LTV; no first-time-buyer requirement.
- Residents, fellows, and interns with qualifying degrees may be included.
Professional eligibility and loan qualification are separate decisions. The licensed lender makes the final determination under its current guidelines.
| Program feature | Current program information | Why it matters |
|---|---|---|
| Financing | Up to 100% financing on qualifying transactions | May allow an eligible buyer to purchase with little or no traditional down payment. |
| Mortgage insurance | No mortgage insurance | May reduce the monthly housing cost compared with a loan that requires mortgage insurance. |
| Maximum loan amount | Up to $2,000,000 | May support the purchase of a higher-value primary residence. |
| Loan options | Fixed and ARM | Provides options for different financial strategies. |
| Loan purpose | Purchase and rate-and-term refinance | Supports a new primary-residence purchase or a qualifying rate-and-term refinance. |
| Purchase status | First-time buyer status is not required | Available to eligible repeat buyers as well as first-time buyers. |
| Minimum loan amounts | $100,000 fixed; $350,000 ARM | The shown product minimums differ by loan option and remain subject to eligibility. |
| Credit | Minimum 680 credit score | Establishes the program's stated credit starting point. |
| Occupancy | Owner-occupied primary residence only | Not available for second homes or investment properties. |
| Property types | One-unit SFR, PUD, warrantable condo, and modular home | South Florida condominiums require project and property review. |
| Medical career stages | Residents, fellows, and interns with qualifying degrees may be included | The program is not limited to established physicians. |
| Student loans | For eligible residents or medical clinical fellows, payments in deferment, forbearance, or reporting as $0 under an IBR plan may be excluded from DTI | The borrower must be in residency or a medical clinical fellowship and qualify using current training income; all required conditions must be met. |
| Personal contribution | No minimum borrower contribution shown; gift funds may be eligible | May help buyers with family support and limited accumulated savings. |
| Underwriting | Manual underwriting by a Jumbo Underwriting Team | The complete borrower and property file receives individual review. |
Up to 100% financing and the $2,000,000 maximum loan amount are separate program features and may apply to different eligibility tiers. Program availability, eligible professions, loan amounts, LTV, DTI, reserves, property requirements, and underwriting are subject to current guidelines and final approval. This is not a commitment to lend.
Credit and DTI
- Credit history of at least 24 months is shown.
- At least one active trade line is required; non-traditional trade lines may be accepted.
- DTI is up to 50% generally.
- DTI is capped at 45% when LTV exceeds 95% and the loan is an ARM or 15-year fixed.
- Derogatory credit events are shown with four years of seasoning; multiple derogatory events are not permitted.
Reserves and financed properties
- At or below 95% LTV, loans up to $1.5M: zero months of reserves shown.
- At or below 95% LTV, loans above $1.5M: three months of reserves shown.
- Above 95% LTV, lower loan amounts: three months of reserves shown.
- Above 95% LTV, loans above $1.5M: six months of reserves shown.
- Additional financed properties require three additional months of PITIA for each financed property.
- Maximum financed properties: four.
Properties and South Florida condos
- Eligible property types shown: one-unit single-family residence, PUD, warrantable condominium, and modular home.
- Ineligible types include two-to-four-unit properties, second homes, investment properties, non-warrantable condos, condotels, manufactured or mobile homes, and mixed-use properties.
- Model homes and leasebacks, properties over 40 acres, and certain property condition or construction-quality restrictions are also shown as ineligible.
- For South Florida condos, project review, title, appraisal, deferred maintenance, building-code issues, and major litigation may affect eligibility.
The concierge journey
A better experience from first call to closing.
1
A schedule-aware search
A focused shortlist is organized around your work schedule, move date, and priorities.
2
Commute planning
Compare neighborhoods and hospital-to-home routes using objective location information.
3
Private showings
In-person or live-video tours are handled around your demanding medical career.
4
Offer to closing
Get property diligence, offer strategy, negotiation, and transaction coordination.
About Mercedes
- A search organized around your work schedule and move date.
- A focused shortlist instead of endless scrolling.
- Hospital-to-home commute planning using objective location information.
- Private in-person or live-video showings.
- South Florida condo and property due diligence.
- Offer strategy, negotiation, and transaction coordination.
Mercedes Osio is a licensed real estate professional and REALTOR®, not a mortgage lender or mortgage loan originator. Loan products, eligibility, rates, terms, underwriting, and approvals are provided and determined by an independent licensed lender.
Commute-aware search
Use objective location information to plan the route from home to hospital or practice.
Focused shortlist
Compare the right properties instead of scrolling through endless listings.
South Florida due diligence
Navigate condo and property questions with a calm, organized real estate process.
You may have more
home-buying options than you think.
CALL MERCEDES — (954) 854-3978
A private, no-pressure first conversation. Not a loan application.