Lake Michigan Credit Union

Physician Mortgage Program Details:

  • Primary Residence Only
  • 0% Down up to $1,250,000
  • 5% Down up to $1,500,000
  • 10% Down up to $1,750,000
  • 15% Down up to $2,000,000
  • 30% Down up to $2,500,000
  • Eligible for – Residents, MD, DO, DDS, DMD, DPM, Nurse Anesthetists
  • Available terms 15yr & 30yr fixed or 3/1, 5/1, 7/1, 10/1, and 15/1 ARM’s
  • No PMI
  • Close up to 90 days prior to the start of an employment contract
  • Most Visa holders are eligible
  • Available for Purchases, Refinance & Construction Loans
  • Attached or detached single-family residences, PUDs, condos, and high-rise condos
  • Escrows may be waived at all LTVs with prior approval from the underwriter