Doctor Loan Program Features
Available for PHYSICIANS, DENTISTS, RESIDENTS and FELLOWS.
- Borrowers must have completed fellowship or residency training within the last 10 years or currently be in (or accepted into) a residency or fellowship program.
- Borrowers may also be self-employed or employed as a medical researcher.
- Up to 95% financing for purchase loans to $850,000 / 89% to $1 Million / 85% to $1.5 Million.
- No Mortgage Insurance Required.
- Primary Residence Only. One Unit SFR, PUD, Condo and Co-Ops.
- Refinance up to 89% financing and Construction to Perm financing up to 85% available.
- Non US Citizens are eligible.
- Can use employment contract income and close on your home 60 days prior to employment start date (Exceptions made up to 90 days on a case by case basis).
- Student Loan Debt omitted in qualifying if deferred at least 12 Months following closing. Ability to use IBR and reduced student loan payments.
- Seller Paid Contributions Allowed.
- We also carry various fixed, adjustable and interest only rates on loans in excess of 2MM
- Flexibility to Program Guidelines Available.
Available Products Include
- 30yr, 25yr, 20yr, 15yr and 10yr fixed rate loans. 3/1, 5/1, 7/1, and 10/1 ARMs (Adjustable Rate Mortgage Loans)
- Interest Only available up to 89% in conjunction with the 5 or 7 year ARMs
Eligible States Include
*Programs available may differ in certain states.
- CA, CT, DC, DE, IL, IN, KS, KY, LA, MA, MD, ME, MI ,MN, MO, MS, NC, NH, NJ, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WV
About Chris Minear
I have over 20 years of experience as a residential mortgage loan officer and specialize in assisting medical professionals with their unique home borrowing needs. Citizens Bank offers highly competitive mortgage programs designed especially for physicians, dentists and other medical professionals. Please contact me for the details of these programs, and we will work to find the best fit for your particular situation.
Whether you’re a first-time homebuyer or a seasoned homeowner, I will guide you through every phase of the process and answer your questions, big and small. I am dedicated to my clients and make customer satisfaction a top priority. My business is built 100% on referrals, so I guarantee to make your mortgage experience a great one!