MEDICAL PROFESSIONAL HOME LOANS
DESIGNED FOR THE UNIQUE FINANCIAL NEEDS OF EARLY-CAREER MEDICAL PROFESSIONALS.
This loan program can help high-income borrowers overcome short-term savings hurdles to leverage their long-term financial strength.
Medical Professional Borrower Snapshot:
-
Limited Savings: Years of schooling and training often leave early-career medical
professionals with limited savings for a down payment. -
High Student Loan Debt: Significant education debt makes flexible loan calculations
essential. -
Substantial Future Income: Residency and fellowship earnings rarely reflect their
strong long-term income trajectory and career stability.
Benefits*:
Up to 100% financing for qualified applicants
Traditional mortgage insurance not required
Loan amounts up to $2 million, depending on eligibility
Flexible student loan calculations
Borrowers can qualify using projected income
Buying a home during residency or early in our career may be more achievable than
you think.
Reach out to learn whether this program may fit your home financing needs.
*Terms available will be dependent on a number of factors including borrower’s credit score and loan-to-value ratio. At least one occupying primary borrower whose income is used in qualifying must be an actively practicing medical professional who meets professional designation and specified degree requirements. Only available for purchase and rate-and-term refinance transactions on select property types. Loan-to-value and credit requirements apply. May not be combined with secondary financing. Subject to minimum and maximum loan amounts. Additional documentation including an offer letter is required for use of projected future income. Start date of employment for projected future incomemust be no later than 150 days post note date.