What each bank actually publishes about its physician mortgage, and what it does not.
Truist finances 100% up to $1.5M, 95% to $2M and 90% to $2.5M, with no mortgage insurance, a 720 minimum score and coverage in 47 states.
Fulton Bank publishes zero down to $1.5 million, no PMI, no reserves required, and a written rule that student loans deferred 12 months or longer stay out of the credit decision. Available in six states.
U.S. Bank offers a doctor loan but publishes no terms for it. Here are the commonly reported down payment tiers, where the published reports contradict each other, and the four things to get in writing.
BOK Financial’s Advanced Medical Professional program offers up to 100% financing, excludes student loans deferred past 12 months from DTI, and is one of the few physician programs that includes CRNAs.
