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Why DTI Matters — Even for Doctor Mortgage Programs

Student Loan Planner

Your debt-to-income ratio (DTI) is a major part of paying for a mortgage. Even if you’re getting a physician loan, it’s going to matter. However, this can be challenging for medical professionals like doctors and dentists, who usually have a high amount of student loan debt.

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Physician Loan Review of Liberty Federal Credit Union

Student Loan Planner

Key Takeaways: After going through medical school and getting a degree in a healthcare field, there’s a good chance that you might have a high amount of student loan debt, limiting traditional mortgage options due to your debt-to-income ratio and difficulty in saving up for a down payment.

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SouthState Bank Physician Mortgage Loan Review: Zero Down and No PMI

Student Loan Planner

Key Takeaways: Many medical doctors, dentists and veterinarians have a lot of student loan debt, which can limit traditional mortgage options, due to a high debt-to-income ratio. Additionally, residents might have difficulty saving up for a down payment toward their dream home.

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Cadence Bank Physician Mortgage Loans: A Comprehensive Review

Student Loan Planner

Key Takeaways: Going through medical school takes a lot of time and can result in a high amount of student loan debt. This can make it difficult to get a conventional mortgage, where your debt-to-income ratio and lack of down payment can limit your choices.