Physician Home Loans

  • Up to 95% loan-to-value (LTV)*
  • No mortgage insurance (MI)**
  • Primary residence only
  • Property types allowed:
  • 1-2 primary residence
  • PUD
  • Condominiums
  • Co-ops
  • Purchase and limited cash out refinance options available
  • Loan amounts up to $2,000,000**
  • As little as 6 months of reserves required**
  • Gift funds may be used after 5% contribution from applicants own funds
  • Future income eligible**


  • Existing medical doctors, dentists, dental surgeons, and vets who are actively practicing and are within 10 years of completing their original residency or fellowship
  • Newly licensed medical residents who are currently employed, in residency or fellowship
  • Newly licensed medical students who are about to begin their new employment/residency within
  • 60 days of closing


*VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. Fairway is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency. **Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Copyright © 2019 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. Equal Housing Lender. MN License Number MN-MLO-253291. WI License Number 253291.

Karli Spahr

Karli Spahr
Producing Branch Manager 
NMLS# 253291

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