Veterinarian Mortgage Loan

Veterinarian Mortgage Loan

Veterinarian Mortgage Loan

When it comes to a job, being a vet is pretty incredible. The pay is good, and you get to work with animals all day. A less than well known benefit of becoming a vet is a veterinarian mortgage loan. You qualify for a special type of mortgage that can make it much easier for you to purchase a home.

This veterinarian mortgage loan is a relief for many vets who are dealing with student debt, and just starting into their own practice, or working in an established clinic. It costs money to attend college to become a veterinarian, so many graduates are saddled with mountains of student loan debts.

It becomes difficult for vets to qualify to purchase (or refinance) with traditional, conventional mortgage programs.

Veterinarian Mortgage Loan Requirements

The best news is that veterinarian mortgage loan programs have less stringent debt-to-income and credit score requirements than more traditional mortgage loan products. There are some unique aspects of the loans.

Graduation Date

Most of the time, a Veterinarian Mortgage Loan is available only to fairly recent graduates. If you have been in practice for several years, there are other nonconforming financing options available to you.

Check to See if You Qualify for a Veterinarian Mortgage Loan


These special mortgages are not available everywhere. Locations in Alabama, Arkansas, Florida, Georgia, Louisiana, Tennessee and Texas are eligible.

See if your preferred location qualifies.

Zero or Low Down Payments

A veterinarian mortgage loan helps you finance a home, even if your savings are not sufficient. 10% down payments are very common. 5% and even 0% are available.


Your monthly payments are reduced by not having to secure private mortgage insurance. This can be upwards of $500 a month on a $500,000 home.

$1 Million or Even $2 Million

Depending on the location of the property, a veterinarian mortgage loan could be as much as $2 million.

Fixed or Adjustable Interest Rates

veterinarian home loan

You can choose what type of mortgage is right for you. Both fixed and adjustable rates are available, just like with a traditional mortgage. The 30 year fixed rate will be slightly higher for those who prefer the security for the future. The adjustable rate is lower.

Check today’s rates on veterinarian home loans.

Your Deferred Student Loans

If your student loans are in deferment for more than a year, they will not be calculated into your qualification.

Proof of Employment

You will need to demonstrate you have a job. A contract or employment letter are sufficient. With traditional loans you need pay stubs or income taxes to prove your previous income. With a veterinarian mortgage loan the lender wants to look into the future with you.

Credit Score

You will need a minimum credit score of 680.

A veterinarian mortgage loan is an excellent opportunity for new vets to get into the real estate market, or refinance their current home. At Good to Go Mortgage, we help vets find the right financing for the home of their dreams.

Contact us today to see if a veterinarian mortgage loan is right for you.

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