07/30/2026
WHO IS ELIGIBLE FOR THE HERO AND PHYSICIAN LOANS
HEROES
660 Credit Score and Above 3% Down Payment
640-660 Credit Score 5% Down Payment
Manufactured Home 660 And Above 5% Down Payment
Manufactured Home 640-660 10% Down Payment
Lender Origination Fees Will Be waived, and Interest Rate Will Be Below Market Rate
No PMI with 10% Down Payment
ELIGIBLE BORROWERS
Active Military/Reserve and Veterans: Active members of the military or reserve and honorably
discharged veterans serving in the Army, Navy, Marine Corps, Air Force, Homeland Security, U.S.
Coast Guard, U.S. Merchant Marines or Army, and Air National Guard.
-Proof of Active Duty and/or honorable discharge documentation required from borrower (e.g.,
DD-214, current Statement of Service, etc.).
First Responders: Police Officers, Firefighters (paid & voluntary), and Corrections Officers who
qualify as Peace Officers.
Emergency Medical Service: EMS personnel, emergency medical technicians, and paramedics
(paid & voluntary). All volunteer applicants need a minimum of 3 months service to be eligible
for program.
Nurses: Nurses with the following designations, RN, BSN, MSN, DNP, Nurse Practitioners, and Physician Assistants
allowed.
PHYSICIAN LOAN
NO DOWN PAYMENT NO PMI
ELIGIBLE BOROWERS
Program for medical physicians with a MD, DO, OD, DDS, DMD, DC, DPM, DPT degree (both
practicing physicians and residents). Maximum Loan Amount $1,500,000. 720 required credit score.
Medical professionals with the following designations PA, NP, CRNA, Pharm.D, and DVM are eligible up
to conforming loan limit. Maximum Loan amount $832,750.
Deferred student loans not included in debt to income ratios.
Can purchase with a contract starting up to 90 days after closing.
