Physician Home Loans
Helping medical professionals achieve their homeownership goals! Available for first-time homebuyers only.
Benefits
How Can the Flexible Doctor Loan Program Make Homeownership More Attainable?
Are you a doctor currently employed in Massachusetts and looking to purchase a home in Massachusetts? 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! Plus, the Flexible Physician Loan Program offers loan amounts of up to $1 million, down payment options of less than 20%, and no Private Mortgage Insurance requirement!
If you have any questions about your eligibility for this program or about how we can help meet your lending needs, please don't hesitate to reach out to our expert Loan Officers!
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.
