Physician Loan Question

[Alexander Timberlake]

I have a quick question for you regarding physician loans.

My girlfriend is an MD at Texas Children's in Houston in her 2nd year of residency.

She is considering buying a house (400k-500k). We are also considering putting both our names on the house as I have the better credit score and much larger income (presently).

Questions:

• 1. Roughly how much higher are the interest rates on a 30-year fixed mortgage (physician vs regular)?... I've read it could be about 0.5%? (e.g. 2.75% vs 3.25% in today's environment)
• 2.Would we still be able to take advantage of a Physician Loan if we were jointly on the deed/note? Any complications?
• 3. What is the maximum debt/income ratio allowed for Physician Loans (I've read a normal loan is 0.43 but I'm not certain if this is different for physician loans)