Medical Professional Home Loan Highlights
This unique mortgage program is designed to serve emerging medical professionals that have sacrificed to serve the health of our communities.
Not Just for M.D.s
Along with Medical Doctors (M.D.), eligible medical professionals include: Doctors of Dental Sciences (D.D.S.), Dental Surgeons specializing in oral and maxillofacial surgery (D.M.D.), Doctors of Optometry (O.D.), Doctors of Podiatric Medicine (D.P.M.), Doctors of Osteopathy (D.O.), Doctors of Pharmacy (Pharm.D.), and Nurse Anesthetist (CRNA).
No & Low Down Payment Options
Purchase loan options begin at 100% loan-to-value. Rate and term refinance options begin at 95% loan-to-value. Cash-out refinance maximum loan-to-value of 80%.
Loan Term Choices
15-year, 20-year, and 30-year fixed rate term options. Balloon loans also available.
Closing Costs Options & Ongoing Savings
No closing cost option available. Gift funds and/or seller contributions are eligible. No private mortgage insurance required. No prepayment penalty.
Initial Employment & Student Loans
Closing may occur up to 45 days before beginning employment. Student loan debt may be calculated using current repayment plan, including income-based and graduated plans.
0.25% Interest Rate Discount
Sign-up for direct payroll deposit into your Leaders account and your interest rate will be discounted by 0.25%. Ask your Loan Officer for more details, terms, and conditions.
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