physician: Doctor Loan Program for new doctors.
- 07/05/13 09:37 AM
Is the Doctor in? Newly licensed doctors have a unique "Doctor Loan" option which makes buying that new home much easier by allowing a lower down payment than most all other jumbo-loan programs. While loan guidelines are subject to change, Private Mortgage Insurance (PMI) is waived on the Doctor Loan making the overall housing expense considerably lower. As a Private Mortgage Banker, I understand the home financing challenges new doctors often face. -Dan Garza, PMB Offered as a non-conforming loan, this program is for doctor-borrowers who are buying an owner-occupied property. This program is specifically for candidates who have completed their medical residency in the … (3 comments)
Is the Doctor in?
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