First National Bank of Omaha (FNBO Mortgage)

First National Bank of Omaha (fnbo Mortgage)

Available in the following states: CO, IL, KS, MO, NE, SD, TX, and WY

DOCTOR LOAN PROGRAM FEATURES:

For practicing MD, DO, DDS, DMD, DPM (can be Fellow or Resident)

Loan Amounts

Maximum of 100% financing* for loan amounts not to exceed $850,000
Maximum of 95% financing* for loan amounts not to exceed $1,250,000
Maximum of 90% financing* for loan amounts not to exceed $1,500,000
Maximum of 80% financing* for loan amounts not to exceed $2,000,000
Maximum of 75% financing* for loan amounts not to exceed $3,000,000

Credit Qualifications

720 minimum FICO
4 months reserves for loan up to $1.5M; 12-18 months of reserves for loans up to $3M
45% debt-to-income ratio
Student loans must be deferred for at least 12 months to be excluded from debt-to-income ratios. Income-based repayment plans are acceptable.
Must be US Citizen or Perm Resident
Close up to 90 days before employment starts (with contract and confirmation pre-employment contingencies have been met)
Primary residences only. Single family (1Unit)
Gift funds are allowable (however borrower must contribute 2-3% if a down payment is required)

Benefits & Terms

No PMI/mortgage insurance COMPETITIVE rates
30-year fixed and 7/10/15-year ARM options
Purchase and no cash out refinances

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

Jason Larkins (NMLS #1044878)
816-885-0280
[email protected]

Do you want Jason to contact you?

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him know you’re looking for him.

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Note: doctorloanprograms.com has no affiliation with any bank features on our blog.

**All loans are subject to credit approval and subject to FNBO’s lending footprint**

**Guidelines are subject to change**

Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions. For specific program details please contact authorized representative from that bank.

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216-616-4332

216-616-4332

First National Bank of Omaha (fnbo Mortgage)

DOCTOR LOAN PROGRAM FEATURES:

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