Northpointe Bank Physician Loan Program Details:
- Available for MD, DO, DMD, OD, DP, DCh, DPM, and DDS
- Available terms 5/1, 7/1, and 10/1 ARMs
- 100% financing to $453,000
- 95% financing up to $625,500
- 80% financing up to $1,000,000
- No Private Mortgage Insurance (PMI) required
- Can use employment contract income and close on your home 60 days prior to employment start date
- Primary residences, Condo, PUD, and Townhomes are eligible
- Refinances are available
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 with 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.