Making Homeownership More Attainable For Physicians
Are you a doctor currently employed in Massachusetts and looking to purchase a home in the state?
With flexible treatment of student loan debt and potential consideration of future income for a job starting within 90 days of closing, Leader Bank is proud to offer the Flexible Physician Loan Program to make homeownership more attainable for eligible doctors, dentists, and certain other medical professionals!
Physician Loan Benefits
Loan amounts up to $1 million
Down payment options of less than 20% available
No Private Mortgage Insurance required
Only available for first-time homebuyers. To be eligible for Flexible Doctor Loan Program, at least one borrower must have a medical degree (MD,OD,DPM,DO,DMD, or DDS) and be employed by a Massachusetts hospital or dental office. Applies to purchases of primary residence in Massachusetts only; must be a U.S. citizen or permanent resident to qualify (temporary visa holders by exception only). Future income may be considered to qualify for a loan for a job starting within 90 days of loan closing date with contingent free signed offer letter. Credit approval required; restrictions, terms and conditions may apply. Rates for product subject to agreement to sign up for automatic payments from Leader Bank checking account; higher rates may apply without such agreement. For more information on rates, down payment requirements, and additional terms, please contact a Leader Bank Loan officer.
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