Physician Loan - New Doctor Loan Program Available with Higher Loan Amounts with 5 to 10% Down

Physician Loans, Doctor Loans are available with Higher Loan Amounts

Under the Physician Loan Program, student loans that will be deferred for a minimum of 12 months after the closing date may be excluded from a borrower’s monthly DTI. Future earning potential may also be factored into the application, allowing the borrower to qualify for higher loan amounts – and in some cases, in higher cost areas.

Physician Loan Program Highlights

• Newly licensed Medical Residents may be eligible
• Existing Physicians/Doctors, Dentists, Oral Surgeons practicing less than 1 year may be eligible
• Future/projected Income may be considered under certain circumstances (purchase only)
• Minimum 720 FICO score required
• 30-Year Fixed and 7/1 ARM available
• Purchase and Rate & Term Refinance transactions available
• Low down payment options
• Primary Residences only
• Single-family homes, condos, PUDs and modular homes only
• Lender paid mortgage Insurance only

It’s Just What the Doctor Ordered

Call Bill Today for More Details and Current Interest Rates (702) 816-7070