Doctor Home Loan Program
Updated: Jan 20, 2020
The decision to care for others is honorable but often comes with the burden of substantial student loan debt. If you are a resident, recent med school grad, or in the early stage of your career, the Doctor Loan is designed just for you. This program offers terms that benefit home buyers like yourself, who have great earning potential.
Features and benefits
• Low down payment
• Loan amounts up to $850,000
• 5/1 and 7/1 adjustable-rate mortgage options available
• Deferred student debt may be excluded from payment ratios¹
• Interested party contributions allowed
• Eligible borrowers include a medical resident (with educational license), medical doctor (MD), doctor of dental science (DDS), doctor of dental medicine or surgeon (DMD), doctor of optometry (OD), doctor of ophthalmology (MD), doctor of osteopathy (DO), doctor of pediatric medicine (DPM)
¹Only the medically licensed borrower is eligible for exclusion. Deferment must be 12 months beyond closing date. Purchase and rate/term refinance. Primary residence only. Some restrictions may apply. All borrowers are subject to credit approval. Programs subject to change without notice. Underwriting terms and conditions apply. Rev 0916.
Copyright©2019 Geneva Financial, LLC, NMLS #42056
This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements for refinances, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines. Approvals are subject to change without notice based on the applicant’s eligibility and market conditions. Geneva Financial LLC is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. Geneva Financial LLC is approved to participate in FHA programs but the products and services performed by Geneva Financial LLC are not coming directly from HUD or FHA. Geneva Financial LLC #42056 is an Equal Opportunity Lender and Equal Housing Lender. 3155 S. Price Rd Chandler, AZ 85248. AZ#0910215 Corporate: 3155 S. Price Road • Suite 105 • Chandler • AZ • 85248