Saint Paul Real Estate Blog

Preferred Mortgage Program for Doctors

Special Loan Program for Doctors

Medical doctors, residents and interns...there is a great mortgage loan program specially designed for you!  Those that qualify can purchase a home with as little as 5% down payment with a loan amount up to $1,000,000.  But that isn't even the best part.  This program does not require private mortgage insurance!  Most traditional mortgage loans require expensive private mortgage insurance with less than a 20% down payment, but this special program for Doctors avoids that costly insurance.  There are other criteria and restrictions, but it is definintely a program worth checking out.

Here is a great place to find more information about the Preferred Doctor Program.

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