United bank

United Bank: NC, SC, VA, WV, MD, DE, GA, DC

DOCTOR LOAN PROGRAM* FEATURES:

  • Available to those in Residency, Internship, Fellowship, and licensed Medical Doctors

  • Qualified Doctors include MD, DO, DDS, DMD, Pharm D, Psychiatrists licensed as MD, and Veterinarians DVM, VMD.

  • Up to 100% financing available depending upon the loan amount and product type

  • Loan Amounts up to $1,000,000 with 0% down payment on Single Family Residence

  • Loan Amounts up to $1,250,000 with 10.01% down payment on Single Family Residence

  • Loan Amounts up to $1,000,000 with 10.01% down payment Condominiums

  • Loan Amounts up to $1,250,000 with 15% down payment on Condominiums

  • No Private Mortgage Insurance Required

  • 30 Year & 15 Year Fixed Rate, 7/6 & 5/6 ARM Programs

  • Primary Residence only

  • 1-Unit Properties only

  • Purchase and No Cash-Out Refinances

  • An executed offer letter is permissible if the start date of the new employment is within 90 days of settlement

Disclaimer: *United Bank NMLS# 522399 (www.nmlsconsumeraccess.org) Equal Housing Lender. Member FDIC. NOT A COMMITMENT TO LEND – SUBJECT TO PROGRAM AVAILABILITY. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), program, rates, fees, closing costs, terms are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting, and program guidelines.

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.