Doctor Loan
 

The Doctor Loan

 

As a medical professional, you have enough to think about in your day-to-day patient care. That’s why Greenway Mortgage has developed an exclusive home loan offer for you that simplifies the mortgage process and offers you up to 100% financing.

FEATURES & BENEFITS

  • Loan amounts up to $2.5 million*
  • Min loan amount $500K
  • Low to no down payment options (Max LTV up to 100%)
  • Adjustable Rate Mortgage (ARM) options available (3/5/7/10) & 30-Year Fixed Rate Mortgages Available
  • No Mortgage Insurance
  • Available for Primary Residence, Purchase and Rate & Term Refinances
  • Available in: NY*, NJ*, CT & FL

ELIGIBILE BORROWERS

  • Doctor of Medicine (MD)
  • Doctor of Osteopathic Medicine (DO)
  • Doctor of Podiatric Medicine (DPM)
  • Doctor of Occupational Medical Service (OMS)

Eligibility Requirements

  • 680 Minimum Credit Score
  • Single Family, Condo & Co-Op Only. No 2-4 Family Homes
  • 43% max DTI (student loans counted as actual documented payment or 1% of balance)
  • *Loans above $2MM require 18 months PITI reserve. No reserve $2MM or below.
  • *NY Counties include Bronx, Brooklyn, Manhattan, Queens, Staten Island, Westchester, Suffolk, Nassau, Rockland; NJ Counties include Bergen, Essex, Hudson, Monmouth, Morris, Ocean, Union

Eligibility requirements, exclusions and other terms and conditions apply.

For more information fill out the form below and one of our Loan Officers will be in contact with you.