Built for Your Career. Designed for Your Future Home.
Becoming a physician requires years of commitment, training, and focus. Our Physicians Home Loan Program is designed specifically for medical professionals who are ready to purchase a home while navigating the unique timing of their careers. From residency to established practice, we offer flexible mortgage solutions that align with your career path.
Why This Program Is Different
Traditional mortgage guidelines don’t always reflect the financial reality of medical professionals. Our program is tailored to the specific needs of physicians when purchasing a home.
- Finance up to 100% of property value for loan amounts up to $1,250,000
- Finance up to 95% of property value for loan amounts of $1,250,001 to $1,500,000
- Finance up to 90% of property value for loan amounts of $1,500,001 to $2,000,000
- Fixed and adjustable-rate products available
- No PMI (Private Mortgage Insurance)
- Ability to close on your new home up to 180 days* prior to new employment start date (with signed contract)
- Up to 5% seller assist
- Special consideration given to deferred student loan debt
- Gift funds can be used for 100% of down payment and closing cost
- Non-occupant co-borrower permitted
- Receive a rate discount when you make a recurring monthly direct deposit into an American Bank deposit account (ask for details)
Who Is Eligible?
This program is designed for the following medical professionals for the purchase of a single-family residence or planned unit development:
- Physicians (MD, DO and OD)
- APC's (PA and NP)
- Dentists (DDS and DMD)
- Doctor of Veterinary Medicine (DVM)
- Licensed Residents
Let’s Talk About Your Next Step
You’ve invested in your career now let us help you invest in your home. Our team is ready to walk you through options, answer your questions, and build a plan that works for your timeline. Contact us today!
Manny Rodrigues
VP/Senior Residential Mortgage Officer
(NMLS ID# 102604)
Office: 610.973.8116
Cell: 610.762.7172
mrodrigues@ambk.com