Preferred Doctor Mortgage Program
Medical physicians and even interns and residents may qualify for a great new loan program with a low down payment. This program is exclusive to medical physicians and those that meet certain criteria can purchase a home for as low as 5% down with a mortgage amount up to $1,000,000. While traditional mortgage loans require 20% down payment in order to avoid paying mortgage insurance, this special loan program for Doctors requires no mortgage insurance.
Here is a link to more information about the Preferred Doctor Program.