What is a Physician mortgage?

Laurel Road’s Physician mortgage is a home loan tailored specifically to doctors and dentists featuring up to 95% financing for loans $1,000,000 or less (primary residences only). These loans have fewer restrictions than conventional mortgages and recognize the lender’s trust in medical professionals’ creditworthiness and earning potential.
Are your loans available in all 50 states?

Yes. Laurel Road is a brand of KeyBank, N.A. offering lending capabilities throughout the United States. Our digital lending platform is also available 24/7 @ https://ml.laurelroad.com.
Is the Laurel Road Physician mortgage a conforming, conventional or government loan?

No. This program is a sponsored portfolio program which allows for greater flexibility in underwriting, mortgage product offerings, and down payment options by recognizing the overall creditworthiness of the medical professional.
What are the benefits of Laurel Road’s Physician mortgage?
There are several benefits to Laurel Road’s physician loan:
- Zero down payment option for loans $750,000 or less (primary residences only – Not available in California)
- A variety of mortgage programs without PMI (Private Mortgage Insurance)

Do I have to be a U.S. Citizen or permanent resident to qualify?

U.S. Citizens and resident aliens are permitted.
What property types are eligible for Laurel Road’s Physician loan program?

Primary residence single-family homes, townhomes, Planned Urban Developments (PUD) and condominiums are eligible. Second homes are also eligible but there is not a no down payment option available and additional restrictions may apply. Please contact us at (800) 653-4067 for further details and information. Customers using a TDD/TTY device, please use (800) 539-8336.
Who can apply for Laurel Road’s Physician mortgage?

Practicing medical residents, fellows, licensed medical doctors (MD, DO, DPM) and dentists (DDS, DMD) are eligible for Laurel Road’s Physician Mortgage product. Residents that have a signed residency contract effective within the next sixty (60) days are also eligible.

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