Loans for doctors and medical professionals will take into consideration any and all student loans that may or may not be in deferment. Not all lenders will know how to handle such conditions and some will disqualify the deferred debt.

Since there are some doctors who are in self employment status, be sure to ask about stated income program to your loan counselor. This stated income program will save your time and efforts of trying to document your income while you should be spending your valuable time with your patients which can earn you more money than trying to save money with lower interest.

A Pay Option ARM is a common loan program chosen by doctors who are just starting out. As an intern your income is just a fraction of what your future earnings could be as a doctor. However, many younger interns want to buy a home that they may not qualify for with their current income. The minimum payments available through a pay option ARM can help.