Physician purchase loans, also known as doctor loans or physician mortgage loans, are specialized mortgage programs designed to assist medical professionals, including physicians, dentists, and veterinarians, in purchasing a home. These loans offer unique features and benefits tailored to the specific needs and financial situations of medical professionals.
It's important to note that physician loans may have specific eligibility requirements, which can vary among lenders. Typically, borrowers need to provide proof of their medical professional status, such as a medical license or employment contract. Consulting with lenders who specialize in physician mortgage loans is advisable to explore the options available and determine the best loan terms and benefits based on individual circumstances.