Fifth Third Bank
Fifth Third Bank Physician Mortgage Specialist
Dr. Home Loans Fifth Third Bank
MD, DO, DPM, DMD, DVM, DDS and OD
700 Credit Score for 100% Financing
680 Credit Score for 95% Financing
Zero Down up to $1,000,000 5% Down up to $1,500,000 10% Down up to $2,000,000No Private Mortgage Insurance
No Limit of years after training
Non-Permanent Resident Alien (All Visa types are Eligible)
Purchase or Refinance
Can Close up to 90 Days before future employment begins
Primary Residences Only – Second Homes/Vacation/Investment are not eligible
Contact:
Sandi Frith (Physician Mortgage Specialist)
Email: [email protected]
Phone: 586.871.8002
Additional InformationTruist Bank
Truist Bank Physician Mortgage Specialist
Dr. Home Loans Truist Bank
- 0% Down up to $750,000
- 5% Down up to $1,000,000
- 10% Down up to $1,500,000
- 15% Down required for Non-Permanent Resident Aliens
- Primary homes only. No 2nd or vacation homes.
- MD, DO, DPM, DMD, and DDS including Residents, Interns, and Fellows (DVM is not currently eligible)
- Must be no more than 15 years out of Residency or Fellowship
- No PMI
- Fixed-rate and ARMs available
- Purchase loans only
Wintrust Mortgage
Wintrust Physician Mortgage Program
Program Details
- Financing Options- 100% to $850K, 97% to $1.25M, 95% to 1.5M, 90% to $2M, and 80% to $3M
- Credit Score Ranges- 680 for 20% down, 700 for 10% or 5% down, 720 for 3% down, and 740 for 0% down.
- 7/6 and 10/6 Adjustable Rate Mortgages (ARMs)
- Deferred medical student debt may not affect your qualifying loan amount.
- Purchase and rate/term refinance for primary residence.
- MD, DO, DPM, DMD, DDS, Oral Surgeons, Chiropractors, Pharmacists, and Veterinarians
Contact:
Darick Hensel (Physician Mortgage Specialist)
Email: [email protected]
Phone: 517.214.3257
Additional InformationLake Michigan Credit Union
Lake Michigan Credit Union Physician Mortgage Specialist
Dr. Home Loans Lake Michigan Credit Union
- Primary Residence Only
- 0% Down up to $1,250,000
- 5% Down up to $1,500,000
- 10% Down up to $1,750,000
- 15% Down up to $2,000,000
- 30% Down up to $2,500,000
- Eligible for – Residents, MD, DO, DDS, DMD, DPM, Nurse Anesthetists
- Available terms 15yr & 30yr fixed or 3/1, 5/1, 7/1, 10/1, and 15/1 ARM’s
- No PMI
- Close up to 90 days prior to the start of an employment contract
- Most Visa holders are eligible
- Available for Purchases, Refinance & Construction Loans
- Attached or detached single-family residences, PUDs, condos, and high-rise condos
- Escrows may be waived at all LTVs with prior approval from the underwriter
Fulton Bank
Fulton Bank Physician Mortgage Specialist
Dr. Home Loans Fulton Bank
- 100% financing up to $1.5M, 95% to $2.0M, 90% to $3.0M
- 3/6, 5/6, 7/6, 10/6 and 15/6 ARMs; 30yr and 15yr fixed
- No PMI
- Close up to 90 days prior to the start of employment contract
- Available for resident, fellow, attending, and private practice medical professionals
- Primary residence including single-family detached, townhome, condominium
- Gift funds from family are allowed for any cash due at closing
- No reserves required
- Non-occupant coborrower income can be used to qualify
- Purchase or rate-term refinancing
- Must have at least 700 credit score
- Must be US citizen or permanent resident alien
- Eligible professions include MD, DO, DDS, DMD, PharmD, DVM, VMD, and DPM
- No limit on years out of training when relocating; 15-year limitation if moving locally
Contact:
Reid Thompson & Doug Adamson (Physician Mortgage Specialists at Fulton Bank)
Email: [email protected]
Additional InformationTD Bank
A TD Bank Medical Professional Mortgage is a home-buying program with specific benefits designed to help physicians, surgeons, dentists, residents, and fellows who are new to the medical field purchase a home. At TD Bank, we recognize the different stages of a medical career and the challenges presented, such as managing student loan debt. A TD Bank Medical Professional Mortgage can help you:
- Qualify for higher loan payments than standard mortgages
- Buy your home with a no-money-down financing option
- Free up money for investing or paying off student loans
- Practicing physician (MD, DO, DPM), dentist (DDS, DMD) or oral surgeon
- Licensed medical resident or fellow
- Licensed dental resident or fellow
- Single-family residence
- Condominium
- Co-op (in specific markets only)
- Property in a planned unit development (PUD)
Contact:
Neil Surgenor (Physician Mortgage Specialist)
Email: [email protected]
Additional InformationAmplify Credit Union
Amplify Credit Union Physician Mortgage Specialist
Dr. Home Loans Amplify Credit Union
- 5% Down up to $1,250,000
- 10% Down up to $1,500,000
- 20% Down up to $1,750,000
- No PMI
- Close 60 days prior to the start of an employment contract
- Most Visa holders are eligible
- Available in Fixed and ARMs
- Primary residence including single-family attached or stand-alone, PUDs, and condominiums
Huntington Bank
Huntington Bank Physician Mortgage Specialist
Dr. Home Loans Huntington Bank
Loans are available to DO, DMD, DVM, DDS, and MD for owner-occupied 1-2 unit residences, condos, and townhomes. You may obtain a 15-year or 30-year fixed or ARMS of 1/6, 3/6, 5/6, 7/6, 10/6, and 15/6. There is no prepayment penalty. If self-employed you must have a minimum of one full year of tax returns to be given consideration. An active employment contract is acceptable with proof of sufficient income and reserves. The minimum reserve amount is two months PITI for a loan of up to $620,000 and six-months PITI for jumbo loans. Financing available:- 100% financing for up to $1,000,000 with a 700 FICO score
- 95% financing for up to $1,250,000 with a 700 FICO score
- 90% financing for up to $2,000,000 with a 700 FICO score