Lake Michigan Credit Union

Lake Michigan CU Placeholder
Lake Michigan CU

Program Details

  • 0% Down up to $650,000
  • 5% Down up to $1,000,000
  • 10% Down up to $1,500,000
  • 20% Down up to $2,000,000
  • Eligible for – Residents, MD, DO, DDS, DMD, DPM
  • Available terms 15yr & 30yr fixed or 3/1, 5/1, 7/1, 10/1 and 15/1 ARM’s
  • No PMI
  • Close up to 60 days prior to the start of an employment contract
  • Available for Purchases, Refinance & Construction Loans
  • Attached or detached single-family residences, PUDs, condos, and high-rise condos
  • Non-occupant co-borrowers are allowed
  • Escrows may be waived at all LTV’s with prior approval from the underwriter

Physician loans are different animals.  They have different rules and qualifying criteria.  No feeling is worse than not qualifying for the loan after you’re pre-approved. It makes for a REALLY bad day and a big mess.  All of the loan officers listed on this blog specialize in doctors ONLY. They are battle tested, seasoned, and recommended by your peers. Give them a call!

Do you want a Physician Loan Specialist to contact you?  I’ve made it real easy. Drop your name and preferred contact method in the form on this page and I’ll let him know you’re looking for him.

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