Pittsburgh-Physician Home Loan & Buying Programs

A physician mortgage loan, often called a doctor loan, is a home loan built for medical professionals that offers up to 100% financing, no private mortgage insurance, and loan amounts up to $2,000,000. It qualifies borrowers on their actual income-driven student loan payment rather than their total balance, and it accepts a signed employment contract in place of pay history.

A physician mortgage loan, often called a doctor loan, is a home loan built for medical professionals that offers up to 100% financing, no private mortgage insurance, and loan amounts up to $2,000,000. It qualifies borrowers on their actual income-driven student loan payment rather than their total balance, and it accepts a signed employment contract in place of pay history.

Eligible professionals include Medical Doctors (MD), Doctors of Osteopathy (DO), Dentists (DDS, DMD), Pharmacists (PharmD), Veterinarians (VMD), Podiatrists (DPM), and Certified Registered Nurse Anesthetists (CRNA). Residents, fellows, and interns with qualifying degrees are also eligible.

A physician loan qualifies you using your actual income-driven repayment amount, not your total student loan balance. That's the single biggest reason doctors qualify for a physician loan when they wouldn't qualify for a conventional loan at the same income.

Yes. A signed employment contract or offer letter is usually enough to qualify, even before your first paycheck clears.

Yes, residents, fellows, and interns with qualifying degrees are eligible for the Doctor Loan Program. Because qualification uses your actual income-driven repayment amount and accepts a signed training or employment contract, many physicians qualify during residency, well before attending pay begins.

No, physician loans offer up to 100% financing, meaning qualified borrowers can purchase with no down payment and no private mortgage insurance. Lower down payment tiers are also available on larger loan amounts, and we'll show you each option side by side.

Physician loan amounts go up to $2,000,000, with fixed and adjustable-rate options available for both purchases and refinances. Where your loan lands in that range depends on income, contract terms, and the lender we match you with across our 30+ lending partners.

Sometimes, slightly. Physician loans can carry a rate around 0.125% to 0.375% higher than a strong conventional borrower could get, and some are structured as adjustable-rate mortgages. For most doctors, skipping PMI, which often runs $200 to $800 per month, outweighs that difference many times over. We run your actual numbers side by side so you can see exactly which loan wins for your situation.

No, physician loans are for primary residences only. If you're buying a rental or investment property in Pittsburgh, we'll point you to the right program for that instead, including DSCR and conventional investment loans. However, if part of the property would be your primary residence, then yes such as a duplex or ADU on the property.

Both. If rates have dropped since you closed, a refinance can lower your monthly payment, shorten your loan term, or let you access equity you’ve built. We’ll run the math honestly — if it doesn’t make sense for your situation, we’ll tell you. When it does make sense, we move fast. Average clear to close: 17 days.

Our average clear to close is 17 days, with some loans closing in as few as 15. Because your agent, lender, and title company work as one team, there's no time lost to handoffs between separate companies because we are One Real.
It is important to note that some municipalities use Jordan Tax service to manage issuance of lien letters and property records. Jordan Tax Service is chronically slow, still requiring paper order forms me sent to them and will only release the documents required for closing through postal mail. If the home your are buying is in an area serviced by Jordan Tax service, this wiill likely mean a 30 day closing. We encourage buyers and sellers to give feedback to their local Mayor or municiple authority as tax payers often harmed by this behavior.

It means your agent, your lender, and your title company are already talking to each other before you have to ask, and our Listing Concierge and admin-friendly scheduling handle the parts of the process that would otherwise eat into your time on shift.

Most physician loan programs look for a credit score around 700, though requirements vary by lender. Because we broker across 30+ lending partners, we can often match borrowers with strong contracts to programs with more flexibility than any single bank offers.

A mortgage broker shops your loan across multiple lenders to find the best rate and terms — a bank only offers their own products. At One Real Mortgage, we work with 30+ wholesale lenders, which means more options, more competitive pricing, and access to programs most banks don’t offer. If a bank says no, we often find a lender that says yes.

Our branch is actively licensed in 16 states: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Texas, Washington, and Wisconsin. If you’re buying in a state not on that list, One Real Mortgage operates in 29 states total — we’ll connect you with the right loan officer on the team and handle the referral from our end.

In most cases, 24–48 hours once you submit your documents. We move quickly because delays in pre-approval cost buyers deals — especially in neighborhoods where well-priced homes move in days, not weeks.

Yes. Tony is actively licensed in 16 states: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Texas, Washington, and Wisconsin. If you’re buying in a state not on that list, One Real Mortgage operates in 29 states total — we’ll connect you with the right loan officer on the team and handle the referral from our end.