First Federal Lakewood

Loan Officers

Eric Veronica (NMLS #83197)
STATES:  FL, IL, IN, KY, MD, MI, NC, OH, PA, SC, TN, VA
EMAIL:  [email protected]
PHONE:  419-318-8985

Terms:

First Federal of Lakewood Physician Loan program allows for 100% financing on loan amounts up to $1,000,000, 95% financing on loan amounts up to 1.25MM and 90% financing on loan amounts up to 1.5MM First Federal Lakewood Physician Loan program allows for 100% on purchases up to $1,000,000. This program has no monthly mortgage insurance (PMI).

Professions:

MD, DO, DDS, DMD, DVM, OD, DPM

Strengths:

First Federal Lakewood’s physician loan program is very competitive with other lenders in this space when comparing interest rates and fees.  There are a couple unique pieces of our loan program that other lenders do not offer.

  • First Federal Lakewood can close a physician loan based on an employment contract if the start date is within 12 months.  Many of our competitors will only use new employment start dates within 30-60 days.
  • Construction draw loans available in 5 states (KY, IN, MI, OH, PA)
  • Long term locks up to 12 months available