Physician_Doctor Information Link
Fifth Third Physician Loan Programs
Did you know we have programs designed to help doctors (MD, DO, DPM, DMD, DVM, or OD) meet their home financing needs? Here are the details.
New Physician Loan Program¹
• This program is ideal for licensed Interns, Residents or Fellows (MD, DO, DPM, DDS, DMD, DVM or OD) in medical residency or scheduled to start working within 90 days of the purchase of a new home
• Also available for licensed interns, Residents or Fellows who have started working for a hospital or physician’s group within the last 12 months
• Eligible customers may borrow up to $1 million with no down payment required
• Fixed and Adjustable Rate Mortgage (ARM)² loans available
• No Private Mortgage Insurance (PMI) required
• Refinancing options available
Established Physician Loan Program¹
• Ideal for licensed Non-Residents, Interns or Fellows (MD, DO, DPM, DMD, DVM, or OD) who are out of residency for 12 months
• Also available for licensed Non-Residents, Interns or Fellows (MD, DO, DPM, DDS or DMD) who have been self-employed as a medical doctor or dentist for at least two years
• Eligible customers may borrow up to $1 million with no down payment required or up to $2 million with a 10% down payment when purchasing a home
• Fixed and Adjustable Rate Mortgage (ARM)² loans available
• No Private Mortgage Insurance (PMI) required
To learn more about these programs, contact me.