If you're a licensed resident, intern or fellow in MD, DO, DPM, DDS, DVM, NP, PA, or other practicing medical professional with a master's level of education or above, you may qualify for our Medical Professional Mortgage Program for your home purchase or refinance. 

Many healthcare professionals have sizeable student loan balances and their past work history may not reflect their earning potential, especially if they just recently completed their residency. We understand this unique set of circumstances.

You traveled a long road to get where you are. 
At 1st Advantage, doctors have the advantage of lower rates and greater purchasing power, even if you have student loans. 



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Up to 100% financing
No private mortgage insurance
 Higher loan amounts




 

What is a medical professional mortgage?

Medical Professional writing
A 1st Advantage Medical Professional Mortgage is a home buying program with specific benefits designed to help licensed and practicing medical professionals purchase a home. At 1st Advantage, we consider specific details of your medical career, including the amount and management of student loan debt, as well as overall earning potential in your specific career area.

This mortgage program can help you:

  • Purchase a home with no money down
  • Refinance your current mortgage to better suit your needs
  • Avoid paying Private Mortgage Insurance
  • Free up money for paying off student loans or investing





Our friendly mortgage professionals are here to help. Apply now!

David Wright
David F. Wright
Mortgage Sales Manager
NMLS #457734
      

Marie C. Bautista
Marie C. Bautista
Mortgage Specialist
NMLS #124369

 

alicia bowen
Alicia Bowen
Mortgage Specialist
NMLS #305735
      

Karla Davis
Karla W. Davis
Mortgage Specialist
NMLS #211263  

 

 



*APR: Annual Percentage Rate. Rates and terms based on credit criteria. Credit restrictions apply. Interest rates range from 2.375% to 4.50%. Fixed 2.375% rate/ 2.541% APR for the first five years.  The interest rate is current as of 10/1/2021. No Private Mortgage Insurance. Up to 100% LTV for purchases. Minimum loan amount is $100,000 and maximum loan amount is $1,500,000.   After the five year fixed-rate period, your interest rate is subject to change- up or down according to market rates at the time of reset and each five years thereafter.   Offer applies to medical professionals (licensed residents/interns/fellows in MD, DO, DPM, DDS, DVM, NP, PA and other practicing medical professionals with master’s level education and above.  Borrower must have a credit score of 670 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice.  The payment on a 30-year, $200,000, 5-year Adjustable-Rate Loan at 2.375% / 2.541% APR and 80% loan-to-value (LTV) is $777.31. Payments are estimates and include only principal and interest.  Rate is variable and can increase by no more than 2% every 5 years with a lifetime maximum adjustment of 5%. Since the index in the future is unknown, the First Adjustment Payment is based on the current index plus a margin (fully indexed rate) as of the date above. After 15 years, the maximum possible payment is $1461.76.   Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater, and rates provided are based on current market rates, and are informational only. Some restrictions may apply. This rate is applicable for owner-occupied purchase of a single-family dwelling. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.
^APR: Annual Percentage Rate. Rates and terms based on credit criteria. Credit restrictions apply. Interest rates range from 2.625% to 4.50%. The interest rate is current as of 10/1/2021. No Private Mortgage Insurance. Up to 100% LTV for purchases. Minimum loan amount is $100,000 and maximum loan amount is $1,500,000.  Offer applies to medical professionals (licensed residents/interns/fellows in MD, DO, DPM, DDS, DVM, NP, PA and other practicing medical professionals with master’s level education and above.  Borrower must have a credit score of 670 or better depending on credit qualifications. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice.  The payment on a 25 year, $200,000 fixed rate loan  at 2.675% /  2.762% APR and 80% loan to value (LTV) is $909.88. Payments are estimates and include only principal and interest.  Property insurance and, if applicable, flood insurance is required. These payments do not include taxes and insurance premiums. The actual payments will be greater, and rates provided are based on current market rates, and are informational only.  Some restrictions apply.  This rate is applicable for owner-occupied purchase of a single-family dwelling.  The interest rate charged, and the annual percentage rate are constant for the life of the loan.  All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Interest rates are subject to change and are based on credit score, loan product, loan term, and loan value.