doctor loan prog
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If you’re a medical resident or licensed, practicing doctor, dentist or other eligible medical professional, the Bank of America® Doctor Loan¹ could help you finance your home purchase.Here are some of the advantages of a Doctor Loan:
• Put as little as 5% down on mortgages up to $850,000 (some limitations apply)
• Start your new position up to 60 days after closing²
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Student loan debt is not included when we calculate your total debts³
Choose from a range of fixed- and adjustable-rate loans
When you choose me as your mortgage specialist, I can give you guidance that’s tailored to your unique situation, and help you find a home loan that’s right for your needs. You can count on me to help you every step of the way, from application until closing.
Contact me to learn more. Alfred AboahSenior Mortgage Loan OfficerNMLS ID: 833643804-307-1033 [email protected]/alfredaboah
Additional documentation is required.Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Bank of America, N.A., Member FDIC. Equal Housing Lender. ©2014 Bank of America Corporation. ARG8TLDY HL-112-AD 08-2014
If applicant’s employment does not commence until after closing, sufficient reserves to handle all debt obligations between closing and employment start date + 30 days must be verified.
An applicant must have, prior to closing, a banking relationship with Bank of America. The relationship can be (at a minimum) a checking or savings account. Medical professional (MD, DDS, DMD, OD, DPM, DO) must be actively practicing in their field of expertise. Those employed in research or as professors are not eligible. For qualified borrowers with excellent credit. PITIA (Principal, Interest, Taxes, Insurance, Assessments) reserves of 4-6 months are required, depending on loan amount. Other restrictions apply
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Our Doctor Loan could helpyou buy a home