About Financial ResidencyFinancial Education Built for Physicians
A career in medicine comes with a unique set of financial challenges. Physicians spend years in school and training, often accumulating significant student debt while earning relatively little. Then, seemingly overnight, residency ends, income increases, and you’re faced with a completely different set of financial decisions.
Where should you live? Should you buy or rent? How much house can you comfortably afford? What should you do with your student loans? How much should you invest? How can you reduce your tax burden? And how do you make sure the income you’ve worked so hard to earn actually creates long-term financial security?
Financial Residency was created to help answer those questions.
We provide financial education specifically for physicians, residents, fellows, medical students, dentists, and other healthcare professionals. Our goal is to make complicated financial topics easier to understand so you can make informed decisions throughout your career.
Buying a Home as a Physician
For many physicians, buying a home is one of the first major financial decisions that comes after training. It’s also an area where your financial situation may look very different from that of a traditional homebuyer.
You may have significant student loans but a strong future income. You may be finishing residency or fellowship and preparing to start your first attending position. You may have a signed employment contract but limited historical income. Or you may simply prefer not to put a large portion of your savings into a down payment.
Physician mortgage programs were created with situations like these in mind.
Depending on the lender and your circumstances, physician loan programs may offer different down payment requirements, approaches to student loan debt, loan limits, and other underwriting considerations than a conventional mortgage.
If you’re thinking about buying a home, it’s worth understanding your options before you start shopping.
Ready to see what you may qualify for?
Tell us a little about your career and the property you’re considering. Our quick questionnaire can help you explore physician mortgage options that may fit your situation.
You're a young doctor with limited savings and no work history. You have high levels of debt from your medical school loans, but you want to buy a house so you can stop paying rent and start building equity. Getting a conventional mortgage seems impossible... But should it be? You have high earning potential and amazing job security. You shouldn't have to beg banks to lend you money... They should be fighting for you. That's where physician mortgage loans come in. These programs are specifically designed for doctors by lenders who understand the unique financial challenges facing today's physicians.
Plus, they're superior to conventional mortgages in almost every way: To start, answer just a few questions about your career, where you're buying, and how much you want to borrow. Our service will then show you the exact programs you're eligible for from vetted physician loan specialists who will guide you through every step of the process – obligation-free!The Fastest Way To A Physician Mortgage
How Doctors Buy Their Dream Home!
Understanding the Financial Side of Medicine
Financial Residency began with a simple observation: physicians receive an extraordinary amount of education about medicine, but very little formal education about managing money.
By the time many physicians reach their first attending position, they’re suddenly dealing with a six-figure income, substantial student loans, retirement decisions, taxes, insurance, real estate, and a host of other financial questions.
Making more money doesn’t automatically make those decisions easier.
In fact, the financial decisions often become more important as your income grows.
Our goal is to provide practical, physician-focused education that helps you understand those decisions and approach them with greater confidence.
Education Comes First
Financial Residency was built around the belief that education should come before products.
We believe physicians should have access to clear, useful financial information without having to become financial experts themselves. Our content is designed to help you understand your choices, ask better questions, recognize potential pitfalls, and make decisions that fit your own goals.
That includes everything from buying your first home to managing student loans, investing for retirement, evaluating an employment contract, understanding taxes, protecting your income, and working toward financial independence.
We don’t believe there is one financial plan that works for every physician. A resident’s priorities may look very different from those of a new attending, and an established physician may have an entirely different set of goals.
Good financial decisions start with understanding where you are and where you want to go.
Our Story
Financial Residency was founded in 2018 by Ryan Inman, a financial advisor and physician spouse who recognized how little financial education many physicians receive throughout their medical training.
The idea was straightforward: create a trusted resource where physicians could find financial information that actually reflected the realities of a career in medicine.
In 2022, Financial Residency entered its next chapter when it was acquired by Dr. Tammy Crouse, a practicing physician committed to expanding the platform and its reach within the medical community.
Today, Financial Residency brings together physician contributors, financial professionals, and educators to provide practical information across a wide range of financial topics.
The platform has grown considerably since its launch, but the underlying purpose remains the same: help physicians become more informed and confident when making financial decisions.
What You’ll Find at Financial Residency
Our content covers the financial questions that tend to follow physicians throughout their careers.
You’ll find resources covering physician mortgages and home buying, student loans, investing, retirement planning, taxes, insurance, contract negotiation, practice ownership, real estate, financial independence, entrepreneurship, budgeting, and cash flow.
We’re particularly interested in the decisions that can have a lasting impact on a physician’s financial life — the mortgage you choose, how you handle your student loans, what you do with your first major increase in income, how you structure your investments, and how you protect the wealth you’re building.
Thinking About Buying a Home?
If a home purchase is on your radar, don’t wait until you’ve found the perfect property to start thinking about financing.
Understanding your mortgage options early can help you establish a realistic price range, determine how much cash you want to put toward the purchase, and understand how your student loans and physician income may affect the financing process.
You don’t necessarily need to have everything figured out before you start.
Explore Your Physician Mortgage Options
Whether you’re a resident, fellow, new attending, or established physician, take a few minutes to tell us about your situation and see what physician loan options may be available to you.
You're a young doctor with limited savings and no work history. You have high levels of debt from your medical school loans, but you want to buy a house so you can stop paying rent and start building equity. Getting a conventional mortgage seems impossible... But should it be? You have high earning potential and amazing job security. You shouldn't have to beg banks to lend you money... They should be fighting for you. That's where physician mortgage loans come in. These programs are specifically designed for doctors by lenders who understand the unique financial challenges facing today's physicians.
Plus, they're superior to conventional mortgages in almost every way: To start, answer just a few questions about your career, where you're buying, and how much you want to borrow. Our service will then show you the exact programs you're eligible for from vetted physician loan specialists who will guide you through every step of the process – obligation-free!The Fastest Way To A Physician Mortgage
How Doctors Buy Their Dream Home!
Join the Financial Residency Community
Financial Residency has grown into a community of physicians and healthcare professionals who want to become more intentional about their money.
You can explore our latest articles, listen to the Financial Residency Podcast, subscribe to the newsletter, and share our resources with colleagues and friends.
The goal isn’t to tell you exactly what to do with your money.
It’s to give you better information so you can make better decisions.
Your Financial Life After Medicine Starts With the Decisions You Make Today
A medical career can provide tremendous financial opportunity, but building wealth takes more than earning a high income.
The decisions you make along the way matter.
The home you buy, the debt you take on, the investments you make, the taxes you pay, and the risks you protect against can all have a meaningful impact on your financial future.
That’s why Financial Residency exists.
Whether you’re still in medical school, finishing residency, starting your first attending position, or well into your career, we’re here to help you navigate the financial side of medicine.
Ready to take the next step?
If you’re considering buying a home, start by exploring your physician mortgage options.
Tell us a little about your situation and see what may be available to you.
