Skip to main content
Physician Mortgage Loan Program Peoples Bank

Physician Mortgage Loan Program

Serving the unique financial needs of doctors and healthcare workers.

Whether you're finishing residency, just accepted a job offer or are a successful partner in a growing practice, Peoples Bank has financing options to help you purchase your dream home. Our Physician Loan program requires little money down, and student loan payments may be excluded in the debt-to-income ratios.

Apply Now!


  • Higher than agency maximum loan amounts:
    • Loans up to $750,000 for new physicians.
    • Loans up to $1,000,000 for physicians who have been out of residency for 1 year.
  • Max loan-to-value (LTV) up to 90% for single-family residence.
  • Student loan payments may be excluded from debt-to-income (DTI) ratios if deferred for 12 months or more.
  • Gift funds may be used for down payment and closing costs.

The Peoples Bank Difference

Whether you’re in the market to buy your first home, dream home or vacation home, our goal is simple – let’s make it work.

There are countless reasons to choose Peoples Bank for your home loan – from local loan decisions and on-time closings to great rates and fair terms, but we think the best reasons are our people. Our best-in-the-business team of loan professionals is ready to assist you every step of the way.


Questions? We’re here to help!

Email us or call (800) 584-8859

Subject to credit approval. Minimum credit score of 700 required. Available on non-owner and owner-occupied, 1-4 family residences. Hazard insurance on the subject property is required. If the property is located in a Special Flood Hazard Area, we will require you to obtain flood insurance. Additional underwriting may apply for FHA loans.

Apply Online

Apply online with Express Mortgage powered by Peoples Bank. It’s easy and you’ll have a decision faster than you’d expect.

Apply Online

Find a Home Loan Specialist

Contact a home loan specialist today for information on rates and the type of loan best suited for your needs.

Find a home loan specialist

Loan Calculator

Should I buy a home or rent? How much would my monthly payment be? Our mortgage calculators can help you decide.


5 Star RatingPeoples Bank is rated 5-Stars by Bauer
Rating as of October 2023