Northpointe Bank

Physician Mortgage Program Details:

  • 3/6, 5/6, 7/6, and 10/6 ARMs available (NO 30 or 15 YEAR FIXED AVAILABLE)
  • Self-employed/business owner requires 2-year history with filed tax returns
  • Guaranteed 1099 contract income allowed
  • Minimum credit score 700
  • 100% financing up to $1,100,000
  • No borrower-paid mortgage insurance or pre-payment penalty
  • Can close 90 days prior to W-2/1099 start date with guaranteed income
  • Owner-occupied single-family, duplex, approved condo, or townhomes
  • Gift from relatives allowed
  • *Residents MUST have already started residency*