BMO Bank

BMO Bank:   ALL States (Except New York)


-Available to Residents, Fellowships, and existing Medical Doctors. Eligible Medical Professions include MD’s, DO’s, DMD’s and DDS’s

-Purchase and Rate/Term Refinance loans

-1-2 unit Primary Residence

-Single-family, Condominium, and Townhouse

-No Private Mortgage Insurance required

Eligible Professionals with less than 10 years practicing.

–          Loans up to $1,000,000 with 0% down payment.

–          Loans up to $1,500,000 with 5% down payment.

–          Loans up to $2,000,000 with 10% down payment.

Eligible Professionals with more than 10 years practicing.

–          Loans up to $2,000,000 with 10% down payment.

-10, 15, 20 & 30 year fixed rates

-5, 7 and 10 year ARMS available

-DTI up to 45%

-Can close up to 89 days before new employment start date with a signed offer letter or contract.

-1099 contract income allowed without 2 years of history if contract states minimum base salary.

All of the loan officers listed  here specialize in working with doctors. They are battle tested, seasoned, and recommended by your peers.

Marc Evans (NMLS# 362579)
[email protected]

Do you want Marc to contact you?

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Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions.