The Medical Professionals Program from HomeBridge Financial Services, Inc. provides unique mortgage financing options for newly licensed residents or medical professionals, while taking into account the financial realities that are faced by many new doctors.
Our loans for medical doctors and dentists feature:
- Financing for primary-residence purchases
- As low as 5% down payment requirement for loans up to $850,000
- Lender-paid mortgage insurance
- Up to 43% debt-to-income ratio
- Any student loans deferred greater than 12 months from closing can be excluded from qualifying debt-to-income ratio calculation
The combination of the low down payment and enhanced debt-to-income ratio calculation, along with the lender-paid mortgage insurance, makes this an affordable solution for doctors who want to buy a home in today’s low-rate environment.