Oregon Doctor Mortgage Loans

Oregon Doctor Mortgage Loans: What Physicians Need to Know

Oregon’s physician market is dominated by Portland, home to Oregon Health & Science University (OHSU) — the state’s only academic health center — along with Providence Health, Legacy Health, and PeaceHealth serving the broader metro area. Portland’s housing market has seen substantial appreciation, and the city’s highly desirable neighborhoods — Lake Oswego, West Linn, and the West Hills — carry prices where physician mortgages are standard practice for first-time buyers without significant accumulated savings.

OHSU’s location on Marquam Hill, with its distinctive tram and sweeping views of the city, draws residents and fellows from across the country who often want to purchase in Portland rather than rent through their training years. Oregon’s lack of sales tax is a financial positive for physicians, and physician mortgage programs help maximize that advantage by eliminating PMI and preserving capital that can be deployed toward investments or student loan repayment.