- Doctor Loans for Jumbo Loans
Jumbo loans are home loan programs that are specifically created for higher priced homes. Where typically conventional loans have limits of $417,000 and in some higher priced areas up to $625,000, jumbo loans are for homes that go over those limits.
While our doctor loan programs typical have advantages over other home loan programs, our jumbo doctor loans offer some of the best advantages over traditional jumbo loan programs.
Because of the high amounts that are leant out with jumbo loans, there are many lenders who just won’t do traditional jumbo loans. Also traditional jumbo loans typically have much higher rates and down payments.
That is not the case with our doctor jumbo loan programs. We have structured below market rate offerings on loan limits categorized as jumbo loans. Doctor's who are eligible for Preferred Client Rates will receive an exceptional offer and reduced lending fees as well.
These are loans which exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits can range from $418,000 to $2,000,000.
Though rates on jumbo loans are typically higher than conforming loans we have gone to extreme measures to make sure that our customers are receiving the lowest rate and fees possible within the industry.
Our Jumbo borrowers should be aware that in some instances Jumbo Loans will require a larger percentage in down payment than our conforming loan limit programs. Although, we do offer only 5% down payment up to $1,000,000 in some instances.
To get the process start just visit our Purchase Assistant for a custom doctor jumbo loan quote.
Doctor Mortgage Alliance -
"Inspired by Physicians for Physicians"