A high-balance financing program designed to reflect the earning trajectory and unique career timelines of doctors, dentists, nurses, and other licensed medical professionals — available now through my network of wholesale lenders.
- Purchase or rate-and-term refinance on a primary residence
- Available even with limited employment history — residents and fellows included
- No monthly private mortgage insurance (PMI) at any qualifying tier
- Financing up to 100% — zero down payment — with loan amounts up to $2,000,000
Zero-down financing tiers
| Option | Max loan amount | Min. credit score | Feature |
|---|---|---|---|
| 100% LTV / CLTV | Up to $1,500,000 | 680 | Zero down payment |
| 100% LTV / CLTV | Up to $2,000,000 | 720 | Zero down payment |
| 95% LTV / CLTV | Up to $2,000,000 | 680 | High-balance option |
No PMI, flexible terms
Even at high LTV, borrowers avoid the added monthly PMI cost that comes standard on most conventional high-LTV loans — which can mean real monthly savings and more buying power. This applies at every qualifying tier, whether 100% or 95% financing.
- Debt-to-income (DTI): up to 50% on 20- and 30-year fixed terms (680+ credit score); up to 45% across other eligible tiers and ARM products
- Fixed rates: 15-, 20-, 25-, and 30-year terms
- SOFR ARMs: 5/6, 7/6, and 10/6 structures
Who qualifies
Through my network of participating lenders, eligibility spans an expanded list of medical and healthcare professions:
- Medical Doctor (MD) and Doctor of Osteopathy (DO)
- Doctor of Ophthalmology and Doctor of Psychiatry (MD or DO)
- Doctor of Veterinary Medicine (DVM or VMD)
- Certified Registered Nurse Anesthetist (CRNA with DNAP or DNP)
- Clinical Nurse Specialist (CNS)
- Medical residents, fellows, and interns (with an eligible medical degree)
- Doctor of Dental Science/Surgery (DDS) and Doctor of Dental Medicine (DMD)
- Doctor of Pharmacy (PharmD)
- Doctor of Podiatric Medicine (DPM)
- Registered Nurse (RN)
- Chiropractor (DC)
Property and transaction details
- Transaction types: primary residence (owner-occupied); purchase and rate/term refinance
- Eligible properties: 1-unit single-family homes, Fannie Mae warrantable condos, PUDs, and modular homes
- Minimum loan amounts: $100,000 for fixed-rate loans; $350,000 for ARMs
- States: no state restrictions within my licensed states
An illustrative comparison
On a hypothetical $700,000 purchase price (for illustration only — not a rate or payment quote), a conventional loan with 5% down plus PMI would require roughly $35,000 upfront, versus $0 down with this program — plus no monthly PMI charge for the life of the qualifying tier.
One relationship, many lender options
I shop this program — and overlapping ones — across several wholesale lending partners to find the best fit. Overlapping programs mean more professions and more scenarios can qualify than any single lender offers alone, and I guide you from pre-approval through closing, with a process built around non-traditional income and employment timelines.
Next steps
- Confirm your eligible profession and credit score tier
- Gather income documentation — an offer letter is accepted for residents and fellows
- Get a same-week pre-approval letter
Program terms vary by lender, profession, property, loan size, occupancy, credit, and reserves, and can change without notice. Contact me at (510) 655-2868 or vic@vicjoshi.com for a current, no-obligation review of your situation.