BMO Harris has developed a class leading Physician’s program. My focus has been the Physician program since 2015. We are dedicated to ensuring a quality experience to all buyers, from start to finish.
Loan Officer: Marc Evans
States: AK, AZ, AR, CO, FL, GA, ID, IL, IN, IA, KS, KY, MI, MN, MO, MT, NE, NM, NC, ND, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, WY
100% financing to $1MM, 95% to $1.5MM, 90% to $2MM, less than 10 years practicing(not including residency or fellowship) for down payments less than 10%. Primary Residence SFR, Condo, 2 unit properties eligible. Can close up to 90 days prior to employment start date with signed contract or signed offer letter. 30 year fixed rate options along with shorter term fixes and ARM’s. No PMI/MI. Rate/Term Refi or Purchase only. Gift funds allowed for down payment, closing costs, and reserves. We are no able to us 1099 contract income for doctors who have a guaranteed minimum salary in their contract without a 2 year history of income established.
MD, DO, DDS, or DMD degree required, residents, fellows, and practicing physicians/dentists are eligible for the program with BMO Harris. Must be actively seeing patients.
BMO Harris has been offering the physician loan program for 7 years and has been expanding the product along the way. Personally I have specialized in the Physician loan program for 6 years working with clients from coast to coast. In that time I have worked with almost any scenario imaginable and can quickly determine what I am able to offer and how we can structure a loan to fit a client’s needs. I work with a dedicated team of processors and underwriters that only work with physician loans so we can provide the best service and customer experience.