Idaho Physician Loan 2026 | 0% Down Doctor Mortgages | 1st Choice Mortgage

Idaho Physician & Doctor Loans 2026

The ``White Coat`` Mortgage: Buy a home in Boise or Meridian with 0% - 5% down and exclude your student loans from the approval.

Purchase a Home Qualifier

Doctor Loans Idaho | Mortgage for Medical Residents & Physicians (2026)

Idaho Physician & Doctor Loans 2026:
The “White Coat” Guide

You spent years in medical school building a career, not a savings account. Our Doctor Loan program allows Medical Residents, Fellows, and Physicians to buy a home in Idaho with little to no down payment - even with student debt.

🎓 The “Student Loan” Problem (Solved)
Most banks calculate your debt ratio using 1% of your total student loan balance. If you owe $300k, they hit you with a $3,000/month “payment” liability.Our Solution: We can often use your Income-Based Repayment (IBR) amount. If your IBR payment is $0 during residency, we may be able to count it as $0. This triples your buying power.

1. Who Qualifies? (The 2026 List)

This program isn’t just for heart surgeons. We cover a wide range of medical professionals:

🩺Medical Doctors (MD, DO)
🦷Dentists (DDS, DMD)
🎓Residents & Fellows (Educational License)
🦶Specialists (Podiatry, Optometry, PharmD, etc.)
🐶Veterinary (VMD)

2. Introducing the Idaho Physician Mortgage Program

Residents, recent medical school graduates, and doctors in the early stages of their careers often face a catch-22: You have high earning potential, but you also have high student debt and a short work history.

Traditional banks see that debt and say “No.” We see your future income and say “Yes.”

🏡 Eligible Properties

  • Primary Residence Only (You must live here).
  • Single-Family Homes.
  • Planned Unit Developments (PUDs).
  • Fannie Mae Warrantable Condos.

💰 Loan Terms

  • Purchase & Refinance: Rate & Term options available.
  • Max LTV: Up to 97% financing (Only 3% Down).
  • Loan Limits: Borrow up to $2,000,000.
  • Loan Types: Choose from 30/20/15 Fixed,  5/6, 7/6, or 10/6 ARM options.
  • FICO Score:  Down to a 680

🎓 Student Debt & Gifts

  • Student Loans: Deferred debt may be excluded from your DTI ratio.
  • Seller Help: Sellers can pay up to 3% of your closing costs.
  • Gift Funds: Family members can gift you funds. See Gift Rules →

3. Doctor Loan vs. Conventional Mortgage

Why choose a specialty product over a standard loan? It comes down to flexibility and cash preservation.

Feature 1st Choice Physician Loan Standard Conventional Loan
Down Payment 0% – 5% 3% – 20%
Student Debt IBR / IDR Allowed Strict 1% or 0.5% Calculation
Mortgage Insurance No PMI Options Required if under 20% down
Employment Close Before You Start Must have 30 days paystubs

Frequently Asked Questions

Do I have to pay Private Mortgage Insurance (PMI)?

No. Standard loans require PMI if you put less than 20% down. Our Physician Loan program allows you to put down as little as 0-5% without charging monthly PMI. On a $750k home, this alone can save you $300-$500 per month.

What is the maximum loan amount?

For 2026, we can go up to $2.0 Million with slightly higher down payment requirements, or stay within standard limits for the lowest down payment options.

Can I use this for an investment property?

No. The Physician Loan program is specifically for Primary Residences only. You must intend to live in the home.

Do veterinarians qualify?

 YES Guidelines vary by specific lender. While MDs and DDSs are the primary focus, we do have portfolio options that may cover Vets, and other medical professionals. Call us to check.

Your Medical Mortgage Specialist: Jerry Robinson

Broker/CEO, NMLS #4475
Jerry understands that Resident Doctors have unique financial profiles. He specializes in helping medical professionals buy homes in the Treasure Valley before they even start their contracts.

Matched to Idaho? Let’s Get You Home.

Don’t let student loans disqualify you. See what you can afford today.

Get a Physician Quote

Introducing the Idaho Physician Mortgage Program

Residents, recent medical school graduates, and doctors in the early stages of their careers often face a catch-22: You have high earning potential, but you also have high student debt and a short work history.

Traditional banks see that debt and say “No.” We see your future income and say “Yes.”

The 1st Choice Physician Loan is specifically designed to bypass standard strict guidelines, allowing you to buy a home in Idaho before you even pay off your student loans.

Program Benefits & Features

🏡 Eligible Properties

  • Primary Residence Only (You must live here).
  • Single-Family Homes (1 Unit).
  • Planned Unit Developments (PUDs).
  • Fannie Mae Warrantable Condos.

💰 Loan Terms

  • Purchase & Refinance: Rate & Term options available.
  • Max LTV: Up to 100% financing ( 0% Down).
  • Loan Limits: Borrow up to $2,000,000.
  • Loan Types: Choose from, 30 year  fixed,  5/6, 7/6, or 10/6 ARM options to get the lowest initial rate.
  • FICO Score:  Down to a 680

🎓 Student Debt & Gifts

  • Student Loans: Deferred debt may be excluded from your Debt-to-Income (DTI) ratio.
  • Seller Help: Sellers can pay up to 3% of your closing costs.
  • Gift Funds: Family members can gift you funds for the down payment. See Gift Fund Rules →
Nurse checking blood pressure – Idaho healthcare worker eligible for special home loan programs

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