Physician Loan Processing Services | CTC Processing LLC
Physician loans offer high-earning medical professionals up to 100% financing with student debt excluded from DTI calculations — but they require specialized documentation. CTC Processing manages physician loan files including employment contract income analysis and medical license verification.
Key requirements
- MD, DO, DDS, DMD, PharmD, or other eligible medical professional designation
- employment contract accepted in lieu of paystubs for new physicians
- student loans excluded from DTI
- 0–10% down depending on lender
- no PMI
Processing steps
- 1Verify professional designation and license
- 2review employment contract for start date and income
- 3exclude student loan payments from DTI calculation
- 4order appraisal
- 5clear income/asset conditions
- 6CTC
Common conditions
- Medical license copy
- employment contract with start date and compensation
- student loan statements (for exclusion documentation)
- residency/fellowship completion letter if applicable
How we process it
- Physician loan investors have different eligible designations — some include PharmD, NP, PA
- others are MD/DO only. CTC confirms eligible designations with the investor before the file is processed.
Frequently Asked Questions
Can a physician in residency qualify for a physician loan?
Yes — most physician loan programs accept residents and fellows. The employment contract for the attending position (even if it starts 90 days in the future) is used to document income. CTC handles employment-contract-based income qualification.
How are student loans handled in physician loan DTI calculations?
Most physician loan programs exclude student loans from DTI entirely, or use an income-based repayment amount. CTC documents the exclusion per each investor's specific guidelines.
What medical professionals qualify for physician loans?
Most programs cover MD, DO, DDS, DMD. Some extend to PharmD, DVM, NP, PA, and CRNA. CTC confirms eligible designations with each physician loan investor.
Physicians — closed with precision.
Hand us the file. We'll handle the guideline, the conditions, and the closing.