The Florida physician loan guide
Program and regulatory figures verified October 5, 2026. Details change; confirm your scenario with us.
Everything on this site in one place, in the order a Florida physician meets it. Every figure carries its source and the date we read it.
What a physician loan is
A lender portfolio product written to the Sequoia Medical Professionals Program guide (v1.1, effective March 2, 2026) rather than agency rules. Up to 100% financing, no monthly PMI, 5%-down options, to a $2M ceiling.
Eligible degrees: MD, DO, DDS, DMD, DPM, OD, PharmD, DVM and CRNA. Residents and fellows qualify. The list.
What FRAME really pays
Florida's own 2025 Annual Report, published January 2026:
| Profession | Maximum | Average |
|---|---|---|
| MD and DO | $150,000 | ★ $63,821 |
| Psychiatrist | $146,484 | ★ $64,793 |
FRAME pays 25% of loan principal to the cap, so the ceiling only binds on a very large balance. And it covers primary care specialties only, with payment contingent on 25 hours of volunteer primary care a year. Next windows: the 2027 cycle.
The award figures · Who qualifies and when.
★ The Florida-specific warning
Every major Florida metro lost value over the year to 2026-08-31 — Cape Coral −4.4%, Sarasota −3.1%, Naples and Lakeland −2.4% — and every one sells slower than the national 53-day benchmark.
So 100% financing here means no equity cushion in an asset that is declining, with a slow exit. Over five years that is noise. Over two it is not. The honest math · Every metro.
The lever you actually have
| Route | How the payment counts |
|---|---|
| Physician programme | Your documented income-driven payment |
| Conventional | 1% of balance — Fannie Mae B3-6-05 |
| FHA | 0.5% of a zero-payment balance — HUD 4000.1 |
With FRAME closed until 2027, this is the only debt lever available to a 2026 purchase. The detail.
Loan limits
$832,750 in 66 of Florida's 67 counties; Monroe County, the Keys, is the only exception at $990,150. No Florida metro's typical value approaches either, so the product earns its place on deposit and debt rather than reach. The comparison.
If you have not started yet
Up to 150 days pre-start closing on a signed contract, against Fannie Mae B3-3.3-03's 90. How it works · Residents and fellows.
Where you are buying
Miami · Tampa and Orlando · Jacksonville.
Frequently asked questions
What is a physician loan in Florida?
A lender portfolio mortgage product written to the Sequoia Medical Professionals Program guide rather than agency rules, offering up to 100% financing with no monthly PMI and 5%-down options to a $2 million ceiling, and able to count a documented income-driven student loan payment.How much does Florida's FRAME program pay?
25% of loan principal to a maximum of $150,000 for physicians across four years, but Florida's 2025 Annual Report puts the actual average physician payment at $63,821. Dentists receive 20% to a maximum of $250,000 across five years.Should I take 100% financing in Florida?
It depends on your time horizon. Every major Florida metro fell year over year as of 2026-08-31 and all sell slower than the national benchmark, so financing the full price means no equity cushion in a declining market with a slow exit. Over five years or more that matters much less than over two.What is the conforming loan limit in Florida?
$832,750 for a one-unit property in 66 of Florida's 67 counties in 2026. Monroe County, covering the Keys, is the only county above baseline at $990,150.Mike Certo · NMLS #260555 · Cornerstone First Mortgage NMLS #173855 · Equal Housing Lender. Educational content, not a loan commitment and not legal, tax, or licensure advice. Physician-loan program terms, eligible degrees, and overlays are set by the lender and change; Florida FRAME award amounts, eligibility and application cycles change too. Confirm your scenario with us and your program administrator. All loans are subject to borrower and property qualification, including credit and income review.