Medical Professional home buyers have an advantage like no other!
A medical physician mortgage loan offers a unique set of benefits to medical professionals who want to purchase a home. With this loan, medical physicians can enjoy a 0% down payment requirement, which means that they don't have to come up with a large sum of money upfront to purchase their dream home. This can be especially beneficial for medical
professionals who are just starting their careers and may not have a lot of liquid assets available.
Another benefit of a medical physician mortgage loan is that there is no Private Mortgage Insurance (PMI) required. PMI is a type of insurance that protects the lender if a borrower defaults on their loan. With a medical physician mortgage loan, medical professionals can save money on their monthly mortgage payment, as they won't have to pay for PMI.
In addition, medical physician mortgage loans are designed specifically for medical professionals, so they may have more flexible underwriting standards and other favorable terms.
Overall, a medical physician mortgage loan can provide a great opportunity for medical professionals to achieve their homeownership goals without the financial burden of a large down payment or the added cost of PMI.
Not all banks and lenders offer these loan programs so working with someone who has experience working with Med Pros is highly recommended. If you are interested in more information make sure to contact our Medical Professional Specialist, contact information can be found below.
Program Highlights Below
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**Only for Medical doctors, Dentists, Dental surgeons, Veterinarians, Pharmacist, Nurse Anesthetist, Optometrist, Nurse Practitioner, Chiropractor , Podiatrist, Physician Assistant, graduating med students beginning employment or residency.
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Can be used for 1 to 4 family homes, attached townhouses and condos.
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Our Fixed Arm Loan programs are available in 5, 7 or 10 year on a 30 yr note and we also have 30 yr fixed options.
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No mortgage insurance required (PMI).
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My rates are starting at 5.00 %, depending on credit score and other factors.
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Future employment agreements allowed (90 days).
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You qualify for our Medical program if just graduating from medical school or 10 years or less out of residency or fellowship.
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Non Occupant Co-Borrower is allowed.
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Allowed to own additional property.
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No cost fully underwritten pre-approval.
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Discounts on closing cost.
Maximum Loan‐to‐Value (LTV) and Loan Amounts:
100% up to $1,000,000
95% up to $1,250,000
90% up to $1,500,000
85% up to $2,000,000 (options for 90% financing)
**This is not the Hometown Heroes Program. If you're interested in more information on the Hometown Heroes Program we can help you with that as well.**
Feel free to contact us if you're interested in more information. Contact information below.
Medical Professional Specialist
Herson Richiez
Herson@BridgestoneRE.com
(954) 829-6073
Your New Construction Specialist




