Loan offers:
3% down payment on loan amounts up to $850,000.
5% down payment on loan amounts up to $1,000,000.
10% down payment on loan amounts up to $1,500,000
The rates on this program are very competitive.
Note: These are all Jumbo loan amounts in Texas, and you can’t touch these loan to value ratios with a normal Jumbo loan. Only this program can go down to 3% on loans like this.
To qualify you must be in one of the following medical licenses, and be in practice less than 10 years.
ELIGIBLE BORROWERS
At least one borrower must hold one of, and supply, the following valid license types:
• Medical Resident (Educational License)
• Medical Doctor (MD)
• Doctor of Dental Surgery (DDS)
• Doctor of Dental Medicine (DMD)
• Doctor of Optometry (OD)
• Doctor of Ophthalmology (MD)
• Doctor of Pharmacy (PharmD)
• Doctor of Podiatric Medicine (DPM)
• Doctor of Osteopathy (DO)
• Doctor of Veterinary Medicine (DVM)
• Physician Assistant
• Registered Nurse
• Nurse Anesthetist
• Nurse Practitioner
• Clinical Nurse Specialist
So, if you or someone you know falls into this group and you are wanting to purchase a home, have them contact our offices.
Thanks for reading!
Have a great day!
Brett
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