Is a doctor loan right for you?
We are now offering a 100% doctor loan with no PMI. This program is available for medical doctors including Dentists, Podiatrists, Ophthalmologists, and Veterinarians.
Benefits of a doctor loan
- 3/6, 5/6, 7/6, 10/6, and 15/6 ARMs
- 15 and 30-year fixed
- Maximum loan amount $2 Million
- 100% LTV allowed for loan sizes up to $750,000
- Owner-occupied 1-2 units only
- No mortgage insurance
- May qualify based on the employment contract
- Minimum credit score 680 for the product, but 700+ for 100% LTV
Who applies for a doctor loan?
This program applies to primary residence home purchase and rate term refinance:
- 95% LTV for loan amounts between $750,000-$1,250,000
- 90% LTV for loan amounts between $1,250,001-$2,000,000
