Lender Reviews
Physician Mortgage in Washington, DC: Built for High-Stakes Timelines
Dr. Home Finance
TLDR
Washington, DC’s highly competitive and fast-moving housing market requires certainty, speed, and physician-specific financing that aligns with complex income structures and relocation timelines.
First National Bank’s physician loan program offers up to 100% financing with no PMI, loan options up to $2M, and flexibility for condos and high-demand urban properties common in DC.
The program supports a wide range of medical professionals, including residents and fellows, and allows purchases and second homes with the ability to close up to 90 days before employment begins.
Chris Urti’s methodical approach—reviewing contracts early, stress-testing real-life budgets, and ensuring clean documentation upfront—helps buyers move quickly and confidently in a competitive market.
Connect with a physician mortgage specialist at FNB to get started
Buying in Washington, DC isn’t casual.
Between tight inventory, competitive offers, strict commuting needs, and condo-heavy housing stock, physicians relocating here don’t want “maybe.” They want certainty. They want speed. And they want someone who understands how physician income actually works.
That’s where Chris Urti and First National Bank’s Solutions for Physicians program fit.
Chris has worked exclusively with physicians for more than a decade. He joined FNB in 2025 with over 23 years of lending experience, and he understands the nuance of employment contracts, future start dates, and the pressure that comes with moving to DC.
What This Physician Program Looks Like in DC
Here’s the structure physicians care about:
Up to $1,250,000 | No down payment |
Up to $2,000,000 | Low down payment options |
Up to 100% financing | No PMI |
Fixed-rate mortgages | Adjustable-rate mortgages |
Yes — zero down up to $1.25M.
Yes — no PMI.
Yes — condos are eligible.
In DC, that flexibility matters.
Who Qualifies?
This program is available to:
MD / DO | Residents |
DDS / DMD | Fellows |
CRNA | Interns |
If you’re entering medicine or already practicing, this structure was built for you.
The Real DC Advantage: Closing Before You Start
One of the most powerful features in this program is the ability to close up to 90 days before your employment start date.
But Chris is clear — your employment contract must include a definitive start date.
He reviews contracts carefully. Addendums, contingencies, moonlighting income — these are conversations that happen before a preapproval goes out, not after an offer is accepted.
In DC’s competitive neighborhoods like Capitol Hill, Navy Yard, or Georgetown, losing time means losing leverage. A file that’s clean upfront moves confidently.
What Chris Tells Physicians Immediately
He keeps it practical.
Keep credit card balances low.
Avoid buying a car before closing.
Don’t shuffle money between five different bank accounts.
Provide requested documents quickly.
He doesn’t sugarcoat underwriting. If a document is needed, it’s needed. Debating it costs time — and in DC, time can cost the house.
His line sums it up well:
“I’m not a rocket scientist, but there is definitely a method to this mortgage loan madness.”
And he’s right. When documentation is reviewed thoroughly on the front end, surprises disappear on the back end.
Stress-Testing the Budget in DC
Here’s something most lenders don’t emphasize.
Mortgage approvals don’t consider daycare.
They don’t factor in lifestyle upgrades.
They don’t account for conference travel or commuting changes.
Chris walks through the real-life math with new attendings. Just because you qualify for a number doesn’t mean that number feels comfortable once real expenses hit.
Especially in DC, where taxes, condo fees, and insurance can vary dramatically, that conversation matters.
Builder Incentives vs. Physician Mortgage
DC and the surrounding metro areas have strong new-construction pockets. Builders often promote their in-house lenders.
Chris approaches those scenarios logically:
Are they requiring down payment?
Is PMI involved?
Can they close before employment starts?
Is the rate floating?
Sometimes physicians negotiate builder credits separately while using the physician mortgage for structure. It’s about clarity, not hype.
Rate Talk Without the Myths
There’s a common belief that physician loans come with higher rates because of lower down payments.
Chris pushes back on that.
This is a portfolio product. The bank holds the loans on its books, which often allows for competitive pricing — sometimes stronger than conventional or jumbo alternatives.
What can you control in the next 30–60 days?
Maximize your credit score.
Avoid new accounts.
Keep balances low.
That’s where real leverage lives.
DC FAQ
Can I use this physician mortgage for a DC condo?
Yes. Condos are eligible under the program guidelines.
Does no PMI still apply with zero down?
Up to 100% financing with no PMI is available under this physician program.
Is this only for attendings?
No. Interns, residents, and fellows are eligible.
Can I use it for a second home near DC?
Yes. Financing is available for eligible second or vacation homes.
Why Chris Is an Edge in Washington, DC
There are lenders who “offer” physician loans. And there are lenders who specialize in them.
Chris has spent more than 10 years exclusively in physician lending. He understands employment contracts, W2 versus 1099 income, moonlighting nuances, and future-dated contracts.
He’s hands-on. Available. And calm — which matters when everything else in relocation feels fast.
In a market like DC, that steady execution is often the difference.
Ready to Explore Your Options in DC?
If you’re relocating to Washington, DC as a resident, fellow, CRNA, PA, DDS/DMD, or attending physician, this program is worth understanding before you sign a lease or write an offer.
Contact Chris directly for a free pre-approval review:
Chris Urti
First National Bank
Phone: (513) 807-4960
Email: UrtiC@Fnb-Corp.com
NMLS: 436445
Program guidelines, loan limits, and availability are subject to change. All loans subject to full underwriting approval. Terms vary by borrower profile, property type, and state.
