Webb6 apr. 2024 · The physician mortgage program from First National Bank provides up to 100% financing for existing home and new construction purchases, as well as refinancing a current home. Eligible borrowers include physicians who hold an MD, DO, DDS or DMD. Financing options include: 0% down for up to $1.25 million 5% down for up to $1.5 million Webb1 feb. 2024 · Eligible borrowers are able to receive 100% financing for a loan of up to $750,000 without needing private mortgage insurance (PMI), 95% financing for loans of up to $1,200,000 without PMI, 90% financing for loans of up to $1,500,000 without PMI, and 80% financing for loans of up to $1,750,000 without PMI.
Physician Loans: A Good Option For Doctors? Rocket …
Webb23 mars 2024 · Loans may be used to purchase or refinance a single-family owner-occupied property only. The program will provide up to $850,000 in financing with zero down payment. For physicians interested in more expensive properties, a 5–10% down payment is required on loans up to $1.5 million. Webb22 aug. 2024 · Higher loan limits are available with physician mortgage loans than with conventional mortgages. As much 100% on a $1 million loan and 90% on a $2 million loan is typical. Generally... guilford county schools testing schedule
First Horizon - Physician Home Loans // Doctor Mortgage Lenders
Webb2 juni 2024 · Physician loans also have high limits, typically $1 million or more depending on the mortgage lender. There can be different limits based on how much you’re financing — for example, 100 ... WebbThe Physician Home Loan offers unique benefits compared to many traditional mortgage types, including: Additionally, qualified physicians can obtain mortgage financing up to … Webb31 jan. 2024 · Nurse practitioner home loans are often jumbo loans, which means they exceed the conforming loan limit set by the Federal Housing Finance Agency (FHFA). In … bouscher