Green State Mortgage

Green State Mortgage is a boutique lender with access to the most competitive rates and programs. Allow us to tailor a lending program that meets your needs!

Loan Officers

Michael Dobbs (NMLS #425690)

STATES:  CO, IL, IN, IA, MI, MN, MO, TX
EMAIL:  [email protected]
PHONE:  630-788-4048

Daryn Peterson (NMLS #755958)

STATES:  PA, WI
EMAIL:  [email protected]
PHONE:  312-379-8881

Terms

0% down up to $1,000,000, 5% down from $1,000,000 to $1,750,000, 10% down from $1.750,000 to $2,500,000. 1-2 Unit Properties, Condos, Townhouses, PUDs, Modular Homes. No PMI. No Prepayment Penalty. Non-Warrantable Condos to 90%. Fixed and adjustable rates (7, 10, and 15-Year ARM) available. No time restrictions on when a client starts their new employment vs. the closing date if they have enough reserves for W2 positions. 60 days prior to start date for 1099 positions.

Professions

MD, DO, DDS, DMD, Resident, Fellows, PA, NP, DVM, OD, DPM, Pharmacist

Strengths

No time restrictions on when a client starts their new employment vs. the closing date if they have enough reserves.  Most other lenders limit the purchase date to 60-90 days before starting a new position.  We also allow business assets and gift funds for the down payment, closing costs and reserves.  Debt-to-income ratios up to 50%.  No 2-year history is required for physicians hired as a contractor or 1099 employee. Available nationwide (except CA), 2-unit properties eligible, flexibility for newly self employed.

Disclaimer

Green State Mortgage – A division of Green State Credit Union