Designed explicitly for Medical Residents and Physicians who completed their residency in the last 2 years, our highly competitive medical mortgage program features:
- Financing available up to 100% Loan-to-Value
- 5% minimum down payment (1 or 2-family, primary residence only)
- Down payment and closing costs can be 100% gift funds
- No Private Mortgage Insurance (PMI)
- Can often close prior to your residency start date (with award/contract letter)
- Conventional & jumbo mortgage terms (minimum credit score: 660)