Medical Professional Program


Home loans for medical professionals

You take care of us - let us take care of your mortgage needs!


As a medical professional, you may be ready to purchase a home but can't find a mortgage loan program that fits your needs. Our Medical Professional Program provides financing for eligible medical doctors and dentists, and could be the solution you need to reach your homeownership goal.


What Are the Details of the Medical Professional Program?

  • Available for qualified doctors and dentists who have completed their residency

  • 3% down payment for loan amounts up to $484,350 with flexible mortgage insurance options

  • 5% down payment for loan amounts up to $850,000

  • 10% down payment and no mortgage insurance required for loan amounts up to $650,000

  • Fixed and adjustable rate mortgage (ARM) options available

  • Student loan debt may be excluded from your debt-to-income calculation ( ask your Waterstone Mortgage loan professional for additional details)


You have a rewarding career - are you ready to add a dream home to the picture? We certainly hope so. Contact a mortgage loan professional near you to learn more about your options.


Eligible individuals include medical residents, existing or new licensed Medical Doctors (MD), Doctors of Dental Science (DDS), Doctors of Dental Medicine (DMD), Dental Surgeons specializing in oral and maxillofacial surgery (DMD), Doctors of Ophthalmology (MD), Doctors of Podiatric Medicine (DPM), and Doctors of Osteopathy (DO).


All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.