Physician Mortgage Lenders in

Maryland

Physician Mortgages in Maryland: A Doctor's Research Guide

Maryland packs an extraordinary amount of medicine into a small state — from Johns Hopkins in Baltimore to the NIH campus in Bethesda and the DC suburbs of Montgomery County. For physicians, that means world-class career opportunities alongside a wide range of housing markets, from moderate Baltimore neighborhoods to some of the priciest DC-adjacent communities in the country.

Dr. Home Finance is not a lender, broker, or mortgage advisor. We're a research and matching service that helps you understand your options and connects you with banks that run physician mortgage programs in Maryland. The loan terms always come from those third-party lenders, subject to their own approval.

Get matched with a Maryland physician-mortgage lender →

What makes a physician mortgage different

Physician programs ("doctor loans") are designed around the financial shape of a medical career. Compared with a conventional loan, the banks in our network commonly offer:

• Low or no down payment, with some lenders financing up to 100% (varies by lender and degree)

• No private mortgage insurance (PMI), even with less than 20% down

• Student-loan-friendly underwriting, often using income-based payments rather than the full balance

• Qualifying on a signed employment contract, before your first paycheck

The lenders shown above offer physician programs in Maryland — compare all lenders or get matched.

What's different about buying in Maryland

• Baltimore anchors the state's academic medicine — Johns Hopkins and the University of Maryland Medical System — with housing that's more moderate than the DC side of the state.

• Montgomery County and Bethesda sit in the high-cost DC suburbs, home to the NIH campus; many homes there push into jumbo-loan territory, where a physician program with low or no down payment can be especially valuable.

• Major systems like MedStar and LifeBridge operate across the state, so your market can range widely depending on where you practice.

• Maryland has a state income tax (plus local "piggyback" county income taxes), so model your real take-home pay when budgeting — use the mortgage calculator to see your full monthly payment including property taxes and insurance.

• Because DC-adjacent submarkets can be competitive and high-priced, a physician-program pre-approval helps you shop with confidence and strengthen your offer.

Who qualifies in Maryland

Most physician programs are open to MD, DO, DDS/DMD, and DPM — and some extend to DVM and other advanced degrees — at the resident, fellow, and attending stages. Eligibility and terms vary by lender. Learn how physician loans work and which degrees qualify.

How Dr. Home Finance helps Maryland doctors

We give you the research to understand your options and match you with a banker whose physician program fits your situation — at no cost and no obligation. You can also contact a banker directly. We never lend and never steer you to a specific rate; we help you compare and connect. Start your match →

Maryland physician mortgage FAQ

Do doctors get better mortgage rates in Maryland?
Not automatically. The advantage is usually in the terms — no PMI, low or no down payment, and student-debt-friendly underwriting — more than a guaranteed lower rate. Rates vary by lender and profile, which is why comparing matters.

How do physician mortgage loans work?
A bank with a physician program lets eligible doctors finance a home with little or no money down and without PMI, often qualifying you on a signed contract and income-based student-loan payments. You're matched with a lender, get pre-approved, and shop with confidence.

Are physician loans 0% down in Maryland?
Some lenders offer up to 100% financing for eligible physicians; others ask for a small down payment. It depends on the lender, your degree, and the loan amount — which matters in higher-cost markets like Bethesda and Montgomery County.

Who qualifies for a physician mortgage in Maryland?
Generally MD, DO, DDS/DMD, and DPM physicians — residents, fellows, and attendings — with some lenders including additional degrees. Each lender sets its own rules.

Can Maryland residents and fellows buy before they start work?
Often, yes — many programs let you close using a signed employment contract shortly before your start date. Common for doctors relocating to Maryland for residency or a new position at systems like Johns Hopkins or MedStar.

Compare Maryland physician-mortgage lenders and get matched →

Where doctors buy in Maryland

In Maryland, physician buyers concentrate around Baltimore and the DC suburbs, anchored by Johns Hopkins Medicine and the University of Maryland Medical System.

• Baltimore — home to Johns Hopkins Medicine and the University of Maryland Medical System

• Montgomery County — a DC-adjacent market served by Johns Hopkins Suburban and other providers

• Annapolis — the capital region anchored by Luminis Health and regional providers

Home prices vary widely between Maryland's major metros and its smaller communities, so a physician mortgage pre-approval helps you shop confidently in whichever market fits your role. Compare lenders that serve Maryland →

Keep researching physician mortgages

• Who qualifies — degrees, and residents vs. attendings

• Student loans & how much house you can afford

• Down payment & avoiding PMI

• Physician loan vs. conventional and FHA

• Rates & refinancing

• The home‑buying process, step by step

Reviewed by Jessica Hegge, Partner at Dr. Home Finance · Our editorial process · Last reviewed July 2026. Dr. Home Finance is a research and matching service, not a lender or broker; all loan terms are provided by third-party lenders and subject to their approval. Equal Housing Opportunity.