Huntington Bank

Physician Mortgage Program Details:

  • Medical Doctors, Dentists and Veterinarians with MD, DO, DVM, DPM, DDS, or DMD; podiatrist and Ophthalmologist permitted
  • Primary residences ONLY, no second homes, or investment properties; acceptable properties: 1-2 unit, PUDS, Townhomes and Condos (non-warrantable condo limited to 90% LTV
  • 100% financing up to $1,000,000 with NO PMI
  • 95% financing up to $1,250,000 with NO PMI
  • 90% financing up to $2,000,000 with NO PMI
  • 700 minimum credit score required; maximum DTI 50%
  • Student loan calculator used for residents/fellows ONLY; all others must be on a repayment plan or calculation is done based on the actual verified interest rate and loan term
  • NO NEW CONSTRUCTION
  • 30yr Fixed, 15yr fixed, OR 15/6, 10/6, 7/6 ARMS
  • Closing may occur prior to employment start date with acceptable signed contract and reserve requirements met
  • Gift Funds allowable for down payment, closing cost, or cash reserve requirement
  • Refinance options available up to $250,000 maximum cash out available
  • Disclaimer: This is not a complete list of underwriting requirements; please submit contact information for more details