Physician loans in Miami
Program and regulatory figures verified October 5, 2026. Details change; confirm your scenario with us.
Miami is the most expensive major Florida market, the slowest of the big three, and the one where insurance moves your ratio most.
Miami in numbers
| Miami–Fort Lauderdale | |
|---|---|
| Typical value (2026-08-31) | $475,830 |
| Year over year | −0.5% |
| Mean days to pending | 98 |
| Conforming limit | $832,750 |
The mildest decline of Florida's metros, and one of the slowest markets — 98 days against a national 53.
What 98 days means for you
Buying: time. You can see a property twice, negotiate properly, and have financing settled before you commit. In a 37-day market that is impossible.
Selling: the same 98 days, in reverse, at a moment when values are drifting down. If you finance 100% and need to move in year two, you are selling slowly into a soft market with no equity cushion. The honest math on that.
★ Insurance moves the ratio here more than anywhere
Property insurance sits inside the housing payment, which puts it inside your debt-to-income ratio. In South Florida that line is large enough to change what you qualify for.
The recent direction has been favourable, and most sharply in this region: Citizens Property Insurance announced average reductions of 14.1% in Broward and 14.0% in Miami-Dade, against a statewide average of 8.7% effective Spring 2026 at renewal. More than 150,000 policyholders statewide saw reductions of 10% or greater.
★ We publish no dollar premium, deliberately. Get a quote on the actual property before you set a budget — in Miami the difference between properties is larger than any state average would suggest.
The academic picture
University of Miami Health is the region's principal academic system, within a large and varied hospital market across Miami-Dade and Broward.
As across this site, we publish no institutional residency count, because the systems do not publish headline figures in a readable form. Florida statewide, from the ACGME Data Resource Book AY 2024-2025: 800 programmes and 9,400 active residents, at 40.22 per 100,000 against 48.67 nationally.
FRAME in Miami
FRAME concentrates its awards in safety-net settings — 454 at federally qualified health centers statewide — and Miami-Dade has a large FQHC presence, so a primary care physician in that setting is in the programme's target population.
Two caveats that apply everywhere: it is primary care only (psychiatrists included), and the next cycle is 2027. Eligibility · What it really pays.
Frequently asked questions
What is a typical Miami home worth?
$475,830 as of 2026-08-31 for the Miami and Fort Lauderdale metro, down 0.5% year over year. That sits well below the $832,750 conforming loan limit that applies in Miami-Dade and Broward counties.How long do Miami homes take to sell?
98 mean days to pending as of 2026-08-31, nearly double the national benchmark of 53 days. That gives a buyer time to search properly but means a slow exit if you need to sell.Did Florida insurance rates fall in Miami?
Citizens Property Insurance announced average reductions of 14.1% in Broward and 14.0% in Miami-Dade, against a statewide average reduction of 8.7% effective Spring 2026 at renewal. This site does not publish dollar premiums; get a quote on the specific property.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.