The ``White Coat`` Mortgage: Buy a home in Boise or Meridian with 0% - 9.9% down and exclude your student loans from the approval.
Idaho Physician Loans may help doctors, dentists, residents, fellows, pharmacists, veterinarians, and eligible medical professionals buy a home in Idaho with little to no down payment, no monthly PMI, and flexible student loan options.
Most banks calculate your debt ratio using a percentage of your total student loan balance. If you owe $300,000, that calculation can create a large monthly payment on paper — even if your actual required payment is much lower.
Our Solution: Idaho Physician Loan programs may allow more flexible student loan treatment, including the use of income-based repayment amounts or qualifying deferred student loan treatment, depending on program guidelines.
This program is not just for heart surgeons. Idaho Physician Loans may be available to a wide range of medical professionals:
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 may also have high student debt and a short work history.
Traditional banks see that debt and say “No.” We see your future income and help look for a path forward.
Learn how Idaho Physician Loans can help doctors, dentists, residents, and fellows purchase a home with little to no down payment, even with significant student loan debt.
Yes. One of the biggest benefits of the Idaho Physician Loan program is the ability to purchase a home before your first official day of work.
In many cases, a signed employment contract may be used to qualify. That can help residents, fellows, and physicians relocating to Idaho purchase a home before receiving their first paycheck.
Why choose a specialty product over a standard loan? It often comes down to flexibility, student loan treatment, and preserving cash.
“Kerri made our home buying experience quick and painless, even though I know it was a rough one for her. She never let it show and always handled everything with grace! We are so incredibly grateful to her!!! We will absolutely recommend her to any and everyone we know!!! Thank you again Kerri!”
— Serenna L., 5-Star Google Review
No. Idaho Physician Loan programs may allow down payments as low as 0% to 5%, depending on the loan amount, borrower profile, credit score, and specific program guidelines.
Yes. In many cases, doctors, residents, and fellows may be able to use a signed employment contract to qualify before receiving their first paycheck.
Many Physician Loan programs allow eligible borrowers to put less than 20% down without monthly private mortgage insurance.
Depending on the program and documentation, certain deferred student loans or income-based repayment amounts may receive more flexible treatment than standard mortgage programs.
Yes. Residents and fellows may qualify, especially when they have a signed employment contract or eligible future income documentation.
Yes. Many Idaho Physician Loan programs are available for dentists, including DDS and DMD professionals.
Some physician loan and portfolio loan options may include pharmacists, veterinarians, podiatrists, optometrists, and other medical professionals depending on lender guidelines.
No. Idaho Physician Loan programs are generally designed for primary residences only. You must intend to live in the home.
Since 1992, 1st Choice Mortgage has helped Idaho professionals navigate complex mortgage scenarios, including physician loan programs, student loan considerations, contract income, and residency transitions.
Whether you're relocating to Boise, Meridian, Nampa, Caldwell, Eagle, Kuna, Star, or Middleton, our team understands the unique financing challenges medical professionals face.
NMLS #380736 | Equal Housing Opportunity
Broker/CEO, 1st Choice Mortgage
NMLS #380736
Jerry specializes in helping Idaho borrowers understand complex mortgage programs, including physician loans, Idaho Housing, VA loans, FHA loans, conventional financing, and unique income scenarios.
Don't let student loans or a future start date keep you from exploring your options.
Equal Housing Opportunity. NMLS #380736. Program availability, terms, and qualification requirements are subject to change.
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