Let us help you with your home purchase or refinance with our doctor loan program that is designed to assist medical professionals just like you. Contact us at 810-373-2150 or click here to submit an application to get started.
Mortgage 1’s doctor loan program is available to
- Medical Resident (Educational License)
- Medical Doctor (MD)
- Doctor of Dental Surgery (DDS)
- Doctor of Dental Medicine (DMD)
- Doctor of Optometry (OD)
- Doctor of Ophthalmology (MD)
- Doctor of Podiatric Medicine (DPM)
- Doctor of Osteopathy (DO)
- Doctor of Veterinary Medicine (DVM)
- Physician Assistant
- Registered Nurse
- Nurse Anesthetist
- Nurse Practitioner
- Clinical Nurse Specialist
Features
- Down payments as low as 3% with a 680 credit score up to $850,000.
- Loan amounts up to $1,500,000 with a 720 credit score and a 10% down payment.
- 5, 7, and 10 year adjustable rate terms available.
- Gifts from immediate family members can cover remaining down payment and closing costs after borrower contibutes a minimum of 3% of the purchase price from their own funds.
- Flexible guidelines for student loans.
General Qualifying Requirements
- Credit score minimum of 680.
- Primary residence only.
- Minimum 3 to 6 months of reserves required.
