Physician Mortgage Program...

Our programs provide doctors (MD, DO or DPM) with special benefits to help meet home financing needs.

New Doctor Loan Program:1 This program is ideal for licensed Interns, Residents or Fellows in medical residency or scheduled to begin residency within 90 days of closing on a new home, or who have completed residency within the last 12 months and have started working for a hospital or physicians group. ? Borrow up to $500,000 with no down payment required or up to $1 million with only a 5% down payment required when purchasing a home. ? Fixed and Adjustable Rate Mortgage (ARM)2 loans available. ? No Private Mortgage Insurance (PMI) required.

Established Doctor Loan Program:1 This program is ideal for licensed Non-Residents/ Interns/Fellows(MD, DO or DPM) who are employed with a hospital or physicians group for more than one year or have been self employed as a medical doctor for at least two years. ? Borrow up to $650,000 with no down payment or up to $1.5 million with a 15% down payment when purchasing a home. ? Qualify for a 100% loan-to-value (LTV) up to $650,000, 90% up to $1 million, or 85% up to $1.5 million when refinancing a home. ? Fixed and Adjustable Rate Mortgage (ARM)2 loans available. ? No Private Mortgage Insurance (PMI) required.1. Terms and conditions apply.2. After the initial fixed term of the ARM period, it is possible that the borrower’s payment may increase substantially over the remaining term of the loan.

The Doctor Loan Program is restricted to primary, owner occupied residences only. Investment properties, second homes, construction to perm and lot loans are ineligible. If the borrower can document that the student loan payment is deferred or in forbearance for at least 12 months after closing, the student loan payment can be excluded from the Debt-to-Income calculation.

Loans subject to credit review and approval. Prices and programs subject to change without notice. Fifth Third Mortgage Company, 5001 Kingsley Drive, Cincinnati, Ohio 45227 an Illinois Residential Mortgage Licensee. Fifth Third Mortgage Company d/b/a Fifth Third Mortgage Company Incorporated and licensed by the New Hampshire banking department. Fifth Third Mortgage is the trade name used by Fifth Third Mortgage Company (NMLS?#134100) and Fifth Third Mortgage-MI, LLC (NMLS?#447141). Fifth Third Bank, Member FDIC.?Equal Housing Lender.53.com/mortgage

To learn more about our Doctor Loan Programs, contact me today. Michelle Stropes, [email protected]