Northpointe’s Medical Professionals loan program is designed for borrowers who have student loans or limited savings. The program offers no down payment and expanded qualification requirements to help medical professionals qualify to purchase a home.
Eligible borrowers may be currently practicing or will begin employment within 90 days of loan closing.
Northpointe Bank helps you provide affordable solutions to more borrowers so you can enhance your business and the communities you serve. Contact an account executive to learn more.
- Loan amounts up to $850,000
- Loan-to-value ratios up to 100%
- No mortgage insurance options available
- Available for purchase transactions only
- Program includes 3/6 ARM, 5/6 ARM and 7/6 ARM options
- Medical residents
- Medical fellows
- Medical Doctors (MD)
- Doctors of Dental Surgery (DDS)
- Doctors of Dental Medicine (DMD)
- Doctors of Optometry (OD)
- Doctors of Ophthalmology (MD)
- Doctors of Osteopathy (DO)
- Pharmacists (RPH)*
- Chiropractors (DC)*
- Doctors of Veterinarian Medicine (DVM)
Investor product information is not intended for consumer distribution. *Certain LTV limitaons apply.