Length of employment post-training determines minimum down payment allowed
- Available to Residents, Fellowships, and existing Medical Doctors with the following degrees MD, DO, DMD, and DDS.
- Eligible Professionals with greater than 10 years practicing:
- Loans up to $2,000,000 with 10% down payment.
- Eligible Professionals with less than 10 years practicing:
- Loans up to $1,000,000 with 0% down payment.(Not available in all states)
- Loans up to $1,500,000 with 5% down payment.
- Loans up to $2,000,000 with 10% down payment.
- Available in 10, 15, 20, and 30-year fixed rates
- Available in 5, 7, and 10-year ARMs
- No Private Mortgage Insurance (PMI)
- Able to close up to 89 days prior to employment start date
- 1-2 unit Primary residence single-family, Condominium, and Townhouse
- Cash-out Refi and Construction loans do NOT qualify
- Purchase and Rate/Term Refinance loans