Flagstar Bank

Physician Mortgage Program Details:

  • 0% Down up to $1,000,000 w/720 FICO
  • 5% Down up to $1,500,000 w/700 FICO
  • You may close on your home 60 days prior to the start of an employment contract – great for relocating physicians
  • No Mortgage Insurance required
  • Eligible professions include MD, DO, DMD, OD, DPM, DDS, DVM, Medical Residents, Nurse Anesthetist, Nurse Practitioners, and Clinical Nurse Specialists
  • Available for new purchases or refinancing existing mortgage loans
  • Financing for attached or detached single-family residences, PUDs, and condos
  • Non-occupant co-borrowers are allowed