Bank of America® Doctor Loan

Home financing for medical professionals

Let the Bank of America® Doctor Loan help you finance your home purchase.1 Receive guidance that's tailored to your unique situation and help finding a home loan right for your needs. We will work with you every step of the way, from application until closing.

Advantages of a Doctor Loan:

  • Put as little as 5% down on mortgages up to $1,000,000 and 10% down on mortgages up to $1,500,000 (some limitations apply)
  • Start your new position up to 60 days after closing2
  • Student loan debt may be excluded from the total debt calculation3
  • Choose from a range of fixed-and adjustable-rate loans

Contact a loan officer with questions or to get prequalified:

Call: 888.750.7190
Monday - Friday: 8 a.m. - 10 p.m. Eastern
Saturday: 8 a.m. - 6:30 p.m. Eastern

1 An applicant must have or open, prior to closing, a banking relationship with Bank of America®. The relationship can be (at a minimum) a checking or savings account. Medical professional (MD, DDS, DMD, OD, DPM, DO, residents and students whose employment begins with 60 days of closing) must be actively practicing in their field of expertise. Those employed in research or as professors are not eligible. For qualified borrowers with excellent credit. PITIA (Principal, Interest, Taxes, Insurance, Assessments) reserves of 4-6 months are required, depending on loan amount. Other restrictions apply.

2 If applicant’s employment does not commence until after closing, sufficient reserves to handle all debt obligations between closing and employment start date + 30 days must be verified.

3 Additional documentation is required.

Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

Bank of America, N.A., Member FDIC. Equal Housing Lender Equal Housing Lender. © 2015 Bank of America Corporation