DFCU Financial

DFCU Financial pays Cash Back* on deposits and loans – including our mortgages. The DFCU Financial Cash Back* program rewards eligible members for their loyalty with cash back in their account each year based on their average yearly loan and deposit balances – including mortgages.

Loan Officers

Jamie Lieberman (NMLS #476762)
STATES: MI
EMAIL: [email protected]
PHONE: 734-788-2119

Joe Hayes (NMLS #453822)
STATES: FL
EMAIL: [email protected]
PHONE: 813-368-0258

Terms:

The DFCU Doctor Mortgage program was developed to meet the unique needs of physicians. This specialized program offers:
100% to $1,250,000, 95% to $1,500,000, and 90% to $1,750,000
No PMI
7/6 or 10/6 ARMs
No restrictions for time out of residency
No reserve requirement
700 MIN Credit Score
Expanded DTI requirements
Available to individuals credentialed as a MD, DO, DDS,DC,DMD,DVM
Cash Back* program eligibility

Professions:

MD, DO, DDS, DMD, Resident, Fellows, DVM, DC

Strengths:

The program offers 100% financing up to a $1.25 million loan amount (95% financing up to a $1.5 million loan amount and 90% up to $1.75M) which is more generous that other programs available in the market and condos are also allowed under this product, up to 90%.

Disclaimer:

The Cash Back Disclosure:
While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2007, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $10,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA, and that it be open when Cash Back is deposited. Cash Back to Commercial / Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.