Projected income for physicians

Physicians often face unique challenges when applying for mortgages, especially early in their careers. Many lenders offer specialized mortgage products that consider your projected income, helping you secure financing based on your earning potential.

Why Physicians Qualify for Projected Income Mortgages:

• High Earning Potential: Lenders recognize that physicians typically experience significant income growth over time.
• Flexible Debt Consideration: Medical school loans are often factored differently to reflect your future financial stability.
• Low Down Payment Options: Some programs allow for minimal down payments without requiring private mortgage insurance (PMI).

Benefits of Projected Income Mortgages:

• Get approved even if your current income is lower due to residency or fellowship.
• Competitive interest rates tailored for healthcare professionals.
• Streamlined application process designed with your career demands in mind.

If you’re a physician looking to buy a home, our team can help you find lenders who understand your unique financial situation. 

Contact us today to explore your options!