Arvest
Program Details
Financing Options
Up to 103% financing with no down payment for physicians and CRNAs up to $1,250,000
95% financing up to $1,750,000
These options may also apply to construction-to-permanent loans — contact the lender for details.
Mortgage Insurance
No private mortgage insurance (PMI) is required, which may lower monthly payment costs.
Applicant Eligibility
Residents and fellows are eligible if schooling is complete and an employment contract is provided.
Eligible Professions
MD, DO, DDS, DMD
Residents, fellows
CRNA
OD (optometrist)
DPM (podiatrist)
Key Benefits
Very high LTV options, including up to 103% financing for qualified borrowers.
No PMI requirement even at low or zero down payment levels.
Residents and fellows can qualify prior to starting employment with a contract.
Expanded eligibility including multiple healthcare professions.
Construction-to-permanent flexibility when coordinated with lender.
Terms
Up to 103% Mortgage Financing* with no money down for Physicians and CRNA’s up to $1,250,000
95% Financing up to $1,750,000
No Private Mortgage Insurance (PMI)
Student loans excluded if deferred for 12 months after closing
Residents/Fellows are eligible if schooling has been completed and under contract for employment/residency
Close up to 4 months before you start your job
New Construction available
Strengths
Innovative payment processing solutions.
Checking/Savings accounts with digital convenience for you and your practice at no extra charge.
Dedicated Private Banking option to manage business and personal finances.
Finance in closing costs, close with $0 out of pocket expense.
H1B Visa accepted.
Close up to 4 months before you start your job.
Get an additional 25% of purchase price, separate loan, for home improvement projects.
Disclaimers
Any financing over 100% must be used for taxes, insurance and other closing costs. Financing is available for eligible applicants and professions. Credit, income and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change without notice.
Eligible Degrees
DC
OMS
DDS/DMD
Fellow
Intern
MD/DO
CRNA
NP
OTD/MOT
OD
PharmD
DPT
PA
DPM
RN
Resident
DVM
= Eligible
= Not Eligible
Approved States
AR
KS
OK
MO
