10/05/2022
The doctor loan program offers:
Loan amounts up to $1.5 million
Low down payment options available:
-As low as 3% for up to $850K*
-As low as 5% for up to $1 million*
-As low as 10% for up to $1.5 million*
30-Year Adjustable-Rate Mortgage (ARM) options
Maximum Debt-to-Income (DTI) of 45%
Expanded DTI for deferred student loan debt up to 50%
Available nationwide
The doctor loan program offers:
On purchase transactions, must be a first-time homebuyer and have not owned a home within the past three years.
Must be a licensed medical professional: CNS, DMD, DDS, MD, OD, DO, DPM, DVM, CRNA, NP, PA, RN, Medical resident with educational license.
Must have completed residency within the last 10 years or be a current medical resident, fellow or intern.
Must be purchasing or refinancing owner-occupied/primary residence:
-Single-family residence
-Planned unit development
-Condo
-Townhome
