Nevada Podiatrist (DPM) Mortgage Guide
Program figures verified July 2026 — details change; confirm your scenario with us.
The 60-second answer
If you're a Doctor of Podiatric Medicine (DPM) — foot + ankle specialist — in Nevada, you qualify for the same 100% LTV / no PMI physician loan available to MDs and DOs:
- $0 down up to $1.5M (680+ FICO) or $2M (720+ FICO)
- No PMI at any LTV
- DPM eligible under Redwood Sequoia (not all national programs include DPMs)
- Podiatry school IBR/PAYE counts vs 1% phantom
- DTI up to 50%
For Nevada podiatrists practicing in private practice, hospital settings, or specialty groups: physician loan removes typical financial obstacles to home ownership.
DPM eligibility specifics
The Redwood Sequoia Medical Professionals Program includes:
- DPM (Doctor of Podiatric Medicine) — full doctoral medical credential
- Same eligibility as MDs and DOs
Many other national physician loan programs (Bank of America, BMO Harris) limit eligibility to MD/DO/DDS only and exclude DPMs. Redwood Sequoia is more inclusive.
Nevada podiatrist landscape
Practice types
- Solo private practice — common for established DPMs
- Group podiatry practice — multi-physician partnerships
- Hospital-based — Renown, Sunrise, Valley, UMC podiatry departments
- Multi-specialty groups — DPM joining orthopedic or surgical groups
- DSO (Dental Service Organization) for podiatry — corporate practice models
Common podiatry specialty areas
- General podiatry — wound care, diabetic foot care, routine
- Surgical podiatry — reconstructive + sports medicine
- Pediatric podiatry — children's foot conditions
- Sports podiatry — athletic injuries + biomechanics
Nevada DPM employer landscape
- Multiple LV + Henderson + Reno podiatry practices
- Hospital affiliations at major NV hospitals
- Some corporate podiatry chains (Foot Solutions, others)
- Strong NV community for established podiatrists
Common Nevada DPM scenarios
Scenario 1: Established LV podiatrist family
- 8 years LV podiatry practice
- $385K K-1 income (group practice partner)
- Wants: $725K Henderson Inspirada family home
- Path: 100% LTV physician loan
- Outcome: Practice owner + family home
Scenario 2: New DPM grad joining LV practice
- New DPM grad, joining LV established practice
- $185K associate salary + bonus
- Student loans: $215K on IBR ($175/mo)
- Wants: $485K Henderson border or LV starter
- Path: 100% LTV physician loan; IBR included
- Outcome: New career + first home
Scenario 3: Reno podiatry practice owner
- 12 years Reno podiatry, solo practice
- $325K combined K-1 + W-2
- Wants: $725K NW Reno (Somersett) home
- Path: 100% LTV physician loan + self-employed documentation
- Outcome: Practice owner + premium home
Scenario 4: Surgical podiatrist (DPM with surgical residency)
- DPM with surgical residency training
- 6 years specialty surgery, $485K
- Wants: $1.2M Henderson Anthem home
- Path: 100% LTV physician loan
- Outcome: Surgical specialist + family home
Scenario 5: DPM transitioning to multi-state practice
- LV-based DPM expanding to Reno
- Combined practice income: $425K
- Wants: $725K Reno + maintains LV office
- Path: Physician loan + dual-state practice scenarios
- Outcome: Multi-state DPM presence
Why DPMs work well with physician loan
Strong financial profile
- DPMs typically earn $180K-$650K depending on specialty + experience
- Low default rates
- Stable career trajectory
- Strong income post-residency
Student loan dynamics
- Typical DPM school debt: $200K-$350K
- IBR/PAYE counts actual payment vs conventional's 1% phantom
- Mortgage qualifying capacity dramatically improved
Practice ownership trajectory
- Many DPMs become practice owners within 5-10 years
- Mike can coordinate with practice acquisition lenders for dual-purpose financing
DPM-specific lending considerations
Self-employment income (practice owners)
- Combined K-1 + W-2 + bonus
- Standard self-employed documentation
- 2-year history typically required
Solo practice ownership
- K-1 partnership distributions
- Combined with W-2 from own corp (often)
- Bank statement loans for cash-flow heavy practices
Hospital + private hybrid
- W-2 from hospital + K-1 from private practice
- Combined income documentation
Specialty podiatry premium
- Surgical podiatrists earn premium vs general
- Documented income from specialty practice counts
Frequently asked questions
Are DPMs really eligible for physician loans?
Under Redwood Sequoia: yes. Some other national programs (Bank of America, BMO Harris) exclude DPMs. This program includes you.
What about my podiatric residency?
DPM residents qualify same way MD/DO residents do — using current resident salary OR future-attending contract income.
Can I include practice income for qualifying?
Yes — K-1 + W-2 + 1099 + bonus all count with appropriate documentation.
What if I'm in DPM school still?
Most physician loan programs require degree conferred. Some pre-approve graduating students within 60-90 days of conferring.
Can I combine with spouse's non-DPM income?
Yes — spouse income counts as co-borrower; you (DPM) qualify under physician loan terms.
Can I use 1099 only for some scenarios?
Yes — for DPM working partially as 1099 contractor (some specialty referrals): 1099 + standard documentation works.
What about NV state income tax for DPMs?
NV no state income tax = all DPM income NV-source = $0 NV tax. Substantial savings vs CA + other high-tax state DPMs.
Can I refi after DPM income grows?
Yes — resident to attending refi works for DPMs. Practice ownership refi when applicable.
What about DPM + dental partnership (DPM joining dental group)?
Combined K-1 + practice income. Standard self-employed qualification.
Are there NV-specific DPM considerations?
Tax benefits, growing NV market, established LV + Reno podiatry community.
Talk to Mike about your NV DPM scenario
Free 30-minute call. Bring your DPM year, current role (associate, partner, owner, solo), NV target neighborhood, student loan status.
(480) 296-6513 · Mike Certo, NMLS #260555 · Cornerstone First Mortgage NMLS #173855
Sources
- Redwood Residential Acquisition Corporation — Sequoia Medical Professionals Program Eligibility Guide v1.1
- American Podiatric Medical Association
Mike Certo · NMLS #260555 · Cornerstone First Mortgage NMLS #173855 · Equal Housing Lender. Educational content, not a loan commitment. Loans subject to buyer and property qualification.