UMB

UMB: CO, AZ, TX, OK, KS, NE, MO

Program Details

UMB Bank's Doctorate Professional Mortgage Loan offers no required private mortgage insurance (PMI), up to 80% cash-out refinancing for up to $2.5 million, no age restrictions, and low down payment options to those with an MD, DO, DDS, DMD, OD, PharmD or JD.

Borrowers must have an employment contract or signed offer letter, a copy of their license, and close within 60 days of contract acceptance.

• Financing options include:

  • 0% down for up to $1 million

  • 5% down for up to $1.5 million

  • 10% down for up to $2 million

  Residents can receive financing, but are required to have a minimum household income of $150,000.

  15-, 20- and 30-year fixed-rate and 5/1, 7/1 and 10/1 year adjustable-rate mortgage options are 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.

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