Program is available in the following states : AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
Disclaimer: Program features are subject to change. Please check with your loan specialist for the most up to date product information.
TERMS:
No PMI
Closing available 90 days before employment starts
Minimum FICO score of 700 to qualify
Maximum debt to income ratio 45%
Medical Professionals may borrow 100% up to $1,000,000, 95% financing up to $1,250,000, and 90% financing up to $2,000,000
Most lenders require that you have completed training within the last 10 years, Alliant Credit Union has no such limit
Conforming & Non-Conforming
Fixed & Adjustable Rate
30- & 15- Year Fixed, 5/6, 7/6, 10/6 ARMs
PROFESSIONS:
MD, DO, DDS, DMD, Resident, Fellows, DVM, DPM
STRENGTHS:
Student Loan Debt omitted in qualifying ratios if deferred at least 12 months
Ability to use income based repayment schedule if not deferred for 12 months
No limit on time elapsed since the completion of training
Financing available for single family, condos, and two family owner occupied residences
Warrantable and non-warrantable condos allowed
Available to US Citizens, Permanent Resident Aliens, Non Permanent Resident Aliens, and Foreign Nationals
For other professionals we have Our First Time Homebuyers program with up to 100% financing available with no PMI
All of the loan officers listed here specialize in working with doctors. They are battle tested, seasoned, and recommended by your peers.
I’ve made it real easy. Drop your name and phone number in the form below and I’ll let them know that you would like 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.
