NMLS#1838215
Give us a call at +1 303-779-0591
Colorado medical professionals keep running into the same wall: strong earning power, heavy student loans, and a retail file that treats residency like a temporary job. Mortgage Maestro Group shops physician-program overlays so Denver and Front Range buyers are not stuck inside one bank’s “no.”
Whether you are a resident, fellow, or attending, a Doctor’s Loan is built for files conventional worksheets mishandle: deferred student loans, an employment contract that starts after closing, and a low down payment on a primary residence without traditional PMI.
That is not a guaranteed approval and not a fit for investment property, second homes, or chiropractic credentials. We map the honest lane — physician program, conventional, or jumbo — before you waive financing contingencies.
Eligible credentials commonly include MD, DO, DDS, DMD, ophthalmology, psychiatry, PharmD, DVM/VMD, DPM, CRNA with DNAP/DNP, and medical residents, fellows, or interns qualifying on that income. We confirm your credential against the lender set on day one.
Many physician programs allow high LTV — including 100% financing on some primary-residence files — so cash can stay in reserves instead of going entirely to down payment. Purchase or rate/term refinance of a 1-unit primary home is the usual box.
Traditional PMI is often not required on physician programs when guidelines allow, even with a smaller down payment. We still compare the monthly payment against a conventional file with PMI. Sometimes conventional is cheaper. We will say so.
For residents and fellows, the student-loan payment assumption can decide the file. Some medical programs exclude deferred, forbearance, or $0 income-driven repayment from DTI. Other lanes still follow conventional math. Bring servicer statements early.
Future income from an executed employment contract (often a 30–150 day start window) can qualify when reserves cover PITI until the paycheck starts. DTI overlays are tighter on high-LTV, ARM, and 15-year files. We run the actual overlay, not a blog average.
Credentials: Income must come from an eligible medical or dental role. Chiropractors, investment purchases, 2–4 units, condotels, co-ops, manufactured homes, LLCs, and non-revocable trusts are typically outside this box.
Employment & future income: Residents, fellows, and new attendings often use an executed contract. Start date usually needs to fall inside the lender’s window, with reserves for the gap from the note date to first paycheck. 1099 medical roles may need guaranteed-pay language.
Credit: This is often a 680+ FICO conversation with unfrozen bureaus and a real 24-month credit history — not authorized-user-only files. No 30-day housing lates in the last 12 months is a common overlay. Bankruptcy, foreclosure, and short-sale waiting periods are often about four years.
Down payment, property & documents: 1-unit primary residence in acceptable condition. Share HOA docs early on condos and townhomes. Bring photo ID, SSN documentation, the employment contract, student-loan statements, asset statements, and the purchase contract when you have it.
Ray Williams (NMLS #216267) and the team shop physician-program overlays across lenders instead of defending one bank's medical menu. Company NMLS #1838215. Veteran-owned Denver brokerage.
We pressure-test student loans, reserves, and contract timing before you waive contingencies. You get a document gap list and a path your realtor can defend — not a vague you're probably fine.
Independent brokerage means we compare Doctor's Loan, conventional, and jumbo side by side with Colorado taxes, HOA, and insurance in the payment. If a traditional file prices better, that is the recommendation.
Incomplete student-loan detail and late contract paperwork are the classic restarts. Same-week clarity is common when the story is complete. We pre-underwrite income so the contract is not a guess.
Verify the firm before you send contracts: Trusted Citations, Awards & Reviews. Then book a Doctor’s Loan review.
Bring the employment contract, student-loan servicer statement, and the city you want to land in. Call 303.779.0591, email [email protected], or book a free consultation.
Mortgage Maestro Group is Maestro LLC, DBA Mortgage Maestro Group, NMLS #1838215. Ray Williams, NMLS #216267. Educational only; not a commitment to lend. Physician-program guidelines vary by lender and can change. Equal Housing Lender.
