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DOCTOR LOAN Program

Key Features*

  • Minimum credit score of 720
  • Credit of 700 allowed if LTV is 95%
  • 1 Unit, Warrantable Condos, and PUDs eligible
  • 90% financing up to $850,000
  • 5/1 ARM and 7/1 ARM
  • 60 Day Rate Lock
  • 12 month of deferred student loans not included into debt ratios
  • Gif funds or seller contributions may be used for closing costs

Borrower Eligibility*

  • Borrower must be either Medical Resident, MD, DDS, DMD, OD, DO, or DPM
  • Available for new graduates or career location with offer letter in hand
  • Must begin new position within 60 days from closing
  • Co-borrowers must be home occupants
  • Traditional credit scores only
  • Proof of residency required if hired with future start date
  • Six months liquid reserves are required
  • All borrowers must occupy property and be lawful residents of the US

Click here for more information.

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