A physician loan program designed with you in mind
Are you a licensed physician looking for a physician mortgage loan? If so, you may want to consider a Physician Loan. We provide Physician Loans, with more favorable terms than other loans. They are available to licensed physicians, dentists and other qualifying medical licensees who are looking to purchase, refinance or build a home. You must be a licensed Physician or Resident (MD, DDS, DO, OD, DPM and DVM).
More Information About Physician Loans
Visit our Physician Loans website.
Physician loans typically have higher loan-to-value ratios than conventional loans, meaning you can finance a larger portion of your home’s purchase price. Our Physician Loans also typically have zero-dollar down payment options, which can make it easier to qualify for a loan and keep your out-of-pocket costs low. So if you’re ready to buy your dream home, this may be the perfect option for you!
In addition to being able to finance up to 100% of a home’s purchase price, a Physician Mortgage Loan with Heritage Bank NA doesn’t require private mortgage insurance (PMI), has a lower down payment, has a higher loan-to-value ratio, is flexible in how payments can be calculated, and has flexible repayment options. Additionally, you can choose between a fixed-rate loan and an adjustable-rate loan.
In summary, the benefits of getting a Physician loan with Heritage Bank include:
- 100% Financing Available
- Great Interest Rates
- No PMI (means lower monthly payments)
- Move in up to 60 days prior to starting your next position
- A true loan for physicians with special underwriting
Heritage Bank may be the ideal option for physicians and medical professionals who want 100% financing for home purchases. If you’re a licensed physician looking for a mortgage loan with more favorable terms, a Physician Mortgage Loan may be the perfect option for you. So don’t wait any longer, contact us today to learn more about these loans and see if you qualify!
Top 42 Questions and Answers about Physician Loans