First Horizon Bank | Physician Home Lenders

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, First Horizon Bank.

Doctors face unique financial needs, First Horizon 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.

MD LOAN PROGRAM

MD, DO, Oral Surgeon, (OMS) and DPM

0% Down up to $1,500,000 (no reserves)

5% Down up to $1,999,999 (no reserves)

10% Down up to $2,500,000 (18-months)

Single-Family Residence; Townhouse; Condominium Unit

680 Credit Score

Fixed Rate and Arm Rates

43% max debt to income ratio

Reserves based on loan amount

Gift funds allowed

Close up to 90 days prior to start of employment (can exceed 90-days if needed and have reserves)

U.S. Citizen or Permanent Resident Alien, or on eligible work Visa in US

AL, AR, CT, GA, FL, LA, MS, NC, SC, TN, TX, VA, NY and NJ

***States Coming end of 2022: ME, MA, NH, RI, VT

PROFESSIONAL LOAN PROGRAM

Attorney, CPA, MDs, DOs, Dentist, Optometrists, Pharmacists, Veterinarians

5% down up to $627,000 loan amount

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AL, AR, CT, GA, FL, LA, MS, NC, SC, TN, TX, VA, NY and NJ

CONSTRUCTION TO PERM LOAN

20% down: $647,201 to $1,000,000 loan amount

25% down $1,000,001 to $2,000,000 loan amount

30% Down $2,000,001 to $3,000,000 loan amount

680+ Credit Score

Rates Available: 5.1 Arm and 7.1 Arm and 10.1 Arm (no fixed products)

Primary Home (single family dwelling)

Up to 24-month construction period

Single Lien

Reserves based on loan amount: minimum 48-months / $500,000 / $1,000,000

Available States:

AL, AR, CT, GA, FL, LA, MS, NC, SC, TN, TX, VA

***States Coming end of 2022: ME, MA, NH, RI, VT

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.