SERVING MEDICAL PROFESSIONALS THROUGHOUT WASHINGTON STATE
Medical Professional
Home Loans
Your medical career doesn’t fit neatly into a traditional mortgage box. Your home loan shouldn’t have to either.
Specialized home financing options for eligible doctors, dentists, residents, fellows and other medical professionals—whether you’re beginning a new position, relocating, finishing residency, carrying significant student debt or already established in your career.
Find out which medical professional mortgage options may fit your situation.
Starting a new medical position?
You may not have to wait until your first day of work to explore buying a home. Certain programs may allow eligible borrowers to qualify using future employment income, subject to program requirements.
Mortgage options designed around medical careers.
Medical professionals can face qualification challenges that traditional mortgage guidelines don’t always handle well. Specialized programs may provide additional flexibility for eligible borrowers.
Up to 100% Financing
Available on eligible programs and subject to qualification.
No Monthly Mortgage Insurance
on Eligible Programs
Eligible medical professional loan programs may not require monthly mortgage insurance.
Loan Amounts Up to $3 Million
Options may be available for higher-priced homes and qualified borrowers.
Future Employment Income
Eligible borrowers may be able to qualify using income from a new medical position before they begin working.
Student Loan Treatment
Certain residents and fellows may qualify for special treatment of eligible student loan obligations when calculating DTI.
Medical Contractors
Certain eligible medical professionals with limited 1099 or contractor history may have additional qualification options.
WHO MAY BE ELIGIBLE?
More than just physicians.
Depending on the specific program and qualification requirements, options may be available for a wide range of medical professionals.
Physicians (MD & DO)
Dentists
Residents
Fellows
Pharmacists
Veterinarians
Podiatrists
Physician Assistants
Nurse Practitioners
Registered Nurses
CRNAs
Optometrists
Clinical Nurse Specialists
Chiropractors
Not every profession is eligible under every medical professional loan program. Program eligibility and underwriting requirements vary.
RELOCATING?
Buying before your new job starts may be possible.
Certain medical professional loan programs may allow an eligible borrower to qualify using a fully executed employment contract or offer letter before the new position begins.
Before automatically signing a six or twelve-month lease, let's find out whether buying sooner may be an option.
STUDENT LOANS
Significant student debt doesn’t automatically mean you can’t buy.
Certain medical professional programs provide special student-loan treatment for qualifying residents and fellows. The key is evaluating your actual situation instead of assuming your student loan balance prevents you from buying.
1099 & CONTRACT INCOME
Limited contract history? Let’s look closer.
Certain programs contain special qualification guidelines for eligible medical professionals with less than a 12-month history of 1099 or contractor earnings, subject to documentation and program requirements.
WHY RED MOUNTAIN MORTGAGE?
Specialized financing. Personalized service. More options.
At Red Mountain Mortgage, we believe your mortgage should work for your life, not the other way around.
As an independent mortgage brokerage serving homebuyers throughout Washington State, we work with multiple wholesale lenders to offer a wide range of financing solutions. That flexibility allows us to explore options that may not be available through traditional banks or lenders.
For medical professionals, that can make a meaningful difference.
Whether you’re relocating for a new position, beginning your medical career, navigating student loan debt, or purchasing your next home, our team is here to help you understand your options and find financing that fits your goals.
We believe in straightforward communication, competitive financing options, and building relationships that last well beyond closing day.
Because at Red Mountain Mortgage, you’re more than a loan application. You’re a person with goals, a career, and a future we’re proud to help you build.
Opening Doors. Uniting Communities. Celebrating the American Dream.
Let’s Explore Your Options.
My job is to help you compare the options—not force you into a doctor loan simply because you qualify for one.
ANYWHERE IN WASHINGTON
Statewide lending.
Personal guidance.
Whether you’re buying in Seattle, Bellevue, Tacoma, Spokane, Vancouver, Olympia, Everett, Bellingham, Yakima, Wenatchee, the Tri-Cities or elsewhere in Washington, Red Mountain Mortgage can help you evaluate your home financing options.
Serving medical professionals throughout Washington State.
COMPARE YOUR OPTIONS
Mortgage options designed around medical careers.
That’s my job. Tell me a little about your situation and I’ll help you determine which options may be worth exploring.
Lara Fricke
Mortgage Loan Officer | Red Mountain Mortgage
NMLS #872839 | NMLS MB 2371891