• 100% Financing (with NO MI)

  • Maximum loan amount $1,000,000; Minimum $100,000

• 95% Financing (with NO MI)

  • Maximum loan amount $1,500,000; Minimum $100,000

• Minimum FICO of 720; Maximum DTI of 43%

• 2 months of total PITI reserves required

• Student loans are not counted against you*

• Employment for borrowers with the eligible profession may begin up to 90 days after note date when:

  • There is a non-contingent, fully executed (accepted) employment contract or offer letter documented.

  • There is a verbal Verification of Employment (VOE) conducted to confirm authenticity of the employment documentation prior to closing.

 

*Deferred student loan payments of the borrower meeting medical licensing requirements may be excluded from the DTI ratio if there is evidence that the student loan payment will be deferred for a minimum of 12 months after the loan closing date. Deferred student loan debt of additional borrowers without the required medical licensing must be included in the DTI calculation.

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