Huntington Bank | Physician Mortgage Loan

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, Huntington Bank

Doctors face unique financial needs, Huntington 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.

DOCTOR PROGRAM FEATURES:

Medical doctors, dentists and Veterinarians with M.D, D.O., D.D.S or D.M.D degree and an employment contract, Medical Doctors including podiatrists and Ophthalmologists are permitted.
1 to 2 unit Principal Residence, PUDS, Townhome and Condos (Non-warrantable condos limited to 90% LTV )
Up to 100% financing with no PMI for loan amounts up to $1,000,000
Up to 95% financing with no PMI for loan amounts $1,001,000 to $1,250,000
Up to 90% financing with no PMI for loan amounts $1,250,001 to $2,000,000
Refinance options available: (Up to $250K cash out available)
Student loans in deferment for at least 12 months excluded from debt to income ratio or if IBR can utilize income-based student loan payment calculator
Available loan products: 30 Year Fixed, 15 Year Fixed, 15/1 arm, 10/1 arm, 7/1arm, 5/1 arm, 3/1 arm (Amortized over 30 years)
700 Minimum Credit Score ( Allowable to 680 with down payment of 5 to 10% depending on loan amount )
Maximum DTI of 50%
Closing may occur prior to employment start date with an acceptable signed contract and start date
Gift Funds allowable, can be applied to down payment, closing costs or cash reserves
No closing cost rate options available

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.