Physician Loans
We are proud to partner with the medical community in assisting doctors and dentists with their mortgage financing.*
Physician-specific enhancements include the following:
- 100% financing on loans up to $750,000
- 95% financing on loans up to $1.5 million
- FICO score of 700 up to $750K loan amount
- FICO score of 720 for $750K to $1.5M loan amount
- Competitive pricing with no mortgage insurance required
- Student loans deferred for a minimum of 12 months are not included in DTI to qualify
Multiple options:
- 30-year and 15-year Fixed Rate options
- 15/1 ARM (30-year amortization; interest rate locked for first 15 years)
- 30-year fixed & 15/1 ARM allowed on both jumbo and conforming loan amounts
For both new and experienced physicians:
- MD · DO · DMD · DDS
- Residents, fellows and practicing physicians are eligible
- 1099 & Contract employment are eligible
*At least one borrow must be a resident, fellow, practicing physician or a dentist. Proof of a medical license is required. Eligible doctors are those that have had their medical license for 10 years or less. First United Bank account required to be auto-debited.
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