Here at Physician Loans USA , we offer viable home loan solutions for physicians and doctors who want to build their homes without hassles. We understand that your needs differ from those of the others because you have a career to nurture and student loans to handle during your early professional years. With our specialized physician home mortgage loans, we are excited to help you get closer to your dream home.

Today we are featuring a Physician Lender, BMO Harris Bank.

Doctors face unique financial needs. BMO Harris Bank understands those needs and offers straightforward, objective advice and customized mortgage solutions. We have designed a program using specialized underwriting tailored to the financial needs of medical doctors.

BMO HARRIS BANK DOCTOR PROGRAM FEATURES:

Physician/Dentist (MD, DO, DDS, and DMD) - Residents, Fellows and practising Physicians and Dentists

Purchase and Rate Term Refi of Primary Residence Only -

Terms available:

30, 20, and 15 year fixed

10, 7, 5, and 3 year ARM

If 10+ years from residency, we require 10% down and lend up to $2M. (10+ years from dental school graduation for DDS and DMD)

- Can close within 90 days of employment contract –

- 2 years of 1099 income history – For borrowers with less than two years of history on 1099 income, an employment contract with salary information is required.

- Single Family, townhouse and approved condos only

1 – 2 Units – NO Duplex

0% down allowed in most states

5% down required in CA, DC, FL,HI,ID,MD,NV,RI- see snip below

- 95% to $1,500,000

- 90% to $2,000,000

Larger down payments may be required if credit score is below 720.

45% Debt Ratio

Max Loan is $2mm

Borrowers need at least three valid tradelines but those do not have to be on the credit report. The tradelines just need to meet investor guidelines for traditional or alternative credit, if necessary

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.