This lender is available in the following states: AL, AR, CA, CT, DL, FL, GA, IN, KY, MD, MA, MS, NJ, NC, OH, PA, SC, TN, TX, VI, DC, WV.
For MD, DO, DDS, DMD, DPM
— Maximum of 100% financing* for loan amounts not to exceed $1,000,000
— Maximum of 95% financing* for loan amounts not to exceed $1,500,000
— Maximum of 89.99% financing* for loan amounts not to exceed $2,000,000
No monthly mortgage insurance payments
For licensed medical professionals (physicians and dentists) who have completed their residency within ten to 15 years
Maximum of 89.99% financing* for loan amounts not to exceed $1,500,000
— Fixed and variable -rate options available.
Licensed Residents/Interns/Fellows
Licensed Medical Professionals
Medical Doctors (MD), Doctors of Osteopathy (DO), Doctor of Dental Medicine- Dental Surgeons, Orthodontists, General Dentist (DMD/DDS), Doctors of Podiatric Medicine (DPM)
-Loan Amounts up to $1,000,000 with 0% Down
-Loan Amounts up to $1,500,000 with 5% Down
-Loan Amounts up to $2,000,000 with 10.01% Down
-The maximum loan to value / total loan to value for borrowers practicing 10 years but less than 15 years is 89.99%
-Reserve Requirements Vary
-Close up to 90 days before employment starts
Fully Amortizing 15 and 30 year fixed
Fully Amortizing 5/6-Month, 7/6-Month and 10/6-Month SOFR ARMs
Occupancy/ Property Types:
Primary Residence, 1 Unit Properties, Log Homes (Max 80% LTV), Attached or Detached Properties Warrantable Condos, PUDs
Refinance options are available
**All loans are subject to credit approval**
**Guidelines are subject to change**
Please use the form below and we’ll let a Physician Loan Specialist from this bank know that you are looking for more information.
By contacting you certify that you are a medical professional or the spouse of one.
Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions.