Physician Plus
A mortgage solution for medical professionals.
1st Priority Mortgage’s Physician Plus program is tailored to fit the needs of medical professionals. Contact a 1st Priority Mortgage Consultant today to learn more!
- It’s the prescription for homeownership. This unique mortgage program is designed exclusively for physicians, with good credit, but limited assets and potentially high student loan debt.
- Low down payment. Days as a resident or fellow can be tough, so there’s an option of bringing less cash to closing. Our Physician Plus program offers an option of only a 5% down payment!
- It allows for financial flexibility. In addition to a lower down payment, funds used toward closing costs can come from different sources, such as gifts from a family member! Also, the seller of the property can contribute up to 3% of the purchase price to pay certain closing costs or settlement fees.
- It’s geared towards many medical professionals. Who’s eligible? Medical doctors, including dentists, podiatrists, and ophthalmologists.