Introducing the Doctor Loan from Flagstar.
Your decision to become a caregiver is commendable, but is often coupled with a fairly significant student loan burden. If you’re a resident, recent med school grad, or in the early stage of your career, the Doctor Loan is specifically designed to offer favorable terms for homebuyers like you with 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)