Bank of texas

Available in the following states: TX, AZ, AR, OK, NM, KS, MO, CO

DOCTOR PROGRAM FEATURES:

TERMS:

  • Primary residence only

  • Purchases or refinances (no cash out)

  • Discounted 0.125% interest rate option available for borrowers who have a qualifying Bank of Texas checking/savings account and agree to make a mortgage payment via ACH from that account.

PROFESSIONS:

  • MD, DO, DDS, DMD, Resident, Fellows, CRNA, DNAP, DP

STRENGTHS:

  • 0% down payment up to $1.5 million

  • 5% down payment up to $1.75 million

  • 10% down payment up to $2 million

  • 15% down payment up to $2.25 million

  • No mortgage insurance required by borrower

  • Competitive fixed and variable rate options

  • No origination fee

  • Student loans deferred greater than 12 months from closing are not considered in debt-to-income ratio

  • Student loans placed on income-based repayment plans are allowed 700 FICO

  • Low reserve requirements

    Disclaimer:

    Any financing over 100% must be used for taxes, insurance and other closing costs. Financing is available for eligible applicants and professions. Credit, income and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change without notice.

    For more information from our National, Regional and Local Physician Lenders please fill out the form below. We will contact you shortly to go over the best doctor program in your State.

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Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions.