Cornerstone First Mortgage
Company NMLS #173855
Phone: 216-777-4330
Physician Loans
Buying with $300k in Student Debt and 0% Down
Imagine this:
​
You’ve just finished residency, carrying over $300,000 in student debt, and you’re finally ready to buy your first home. You’ve found a condo that feels perfect, but when you apply through a traditional bank, you hear “no.” Your student loans make your debt-to-income ratio look high, the system doesn’t account for your upcoming salary, and suddenly your dream of homeownership feels out of reach.
​
​
This scenario isn’t uncommon.
Most banks use rigid rules and automated systems that don’t recognize the unique financial picture of medical professionals. They treat every debt the same and often require large down payments or months of reserves, even when your future income is guaranteed. For many doctors, residents, and fellows, this leaves them stuck, frustrated, and uncertain about the next step.
​
​
That’s where Conrad Mortgage takes a different approach.
​
We understand that medical professionals have a unique financial trajectory: student loans that may be in deferment, guaranteed future income from contracts, and the ambition to invest in a home without waiting years to save for a down payment. Our Physician Loan program was designed with these realities in mind.
​
With this program, borrowers can often exclude qualifying student loans from their debt-to-income calculation, allowing their current obligations to reflect what’s actually due today rather than what they’ll owe over decades. Doctors and residents can close on a home even before receiving their first paycheck, as long as their employment is guaranteed. Down payments? In many cases, zero down is possible for loans up to $2 million. Primary residences, including single-family homes, condos, and townhomes, are all eligible, without the hoops and extra guidelines other banks demand.
​
​
The goal is simple:
Remove the barriers that leave medical professionals hearing “no” elsewhere. Instead of letting automated systems and outdated guidelines dictate your ability to buy a home, Conrad Mortgage evaluates your full financial picture. We review employment contracts, timely student loan payments, and reserves only when necessary. We see the potential in your future income and your dedication to your career, not just the numbers on a spreadsheet.
​​​
If you’re a medical professional ready to take the next step toward homeownership, Conrad Mortgage is here to make it possible. Our approach is designed for your unique situation, helping you get into the home you deserve without unnecessary delays or obstacles.
If you know a medical professional in Cleveland who is ready to buy a home or someone in a similar spot, forward this article so they can see a solution that actually works for them.
Loan Originator
NMLS# 2667206
​
02/12/2026
​
​