*Terms based on 30 year fixed first lien. 75% LTV. 9.6% Interest Rate. 9.986% APR. $225,000 Loan Amount with 360 monthly repayment of $1912.00 per month. 700 Credit Score. Disclosed payment does not include PMI, taxes, insurance, or HOA fees. Rates as of February 9, 2023.How...
No PMI:Despite the lack of down payment required, most lenders don’t charge PMI (Private Mortgage Insurance) on physician mortgage loans. This can save you thousands of dollars over the life of the loan. More flexible DTI calculations:Lenders know doctors graduate with a large number of stude...
The program offers up to 100% financing on a loan amount up to $850,0001 with no private mortgage insurance (PMI)2 and fixed-rate or adjustable-rate options. Apply Now Educators Loan Program Our Educators Loan Program was created for professors (assistant, associate or full), instructors, ad...
PNC Community Loan: Eligible borrowers can put down as little as 3% without PMI Physician loans: Interns, residents, fellows and doctors who completed their residency in the last five years can apply for loans of up to $1 million with no PMI. Construction loans: Financing for new construction...
When you can get rid of mortgage insurance: Use the calculator’s amortization schedule to determine when you’ll hit 20 percent equity — the magic number you need on a conventional loan to request that your lender remove private mortgage insurance (PMI). Many prospective homeowners are tempte...
FHA LoanUSDA Loan Qualify with a lower credit score or non-traditional credit historyNo down payment required and lower interest rates Low down payment as little as 3.5%Flexible credit score requirements Requires mortgage insuranceOnly eligible for certain rural areas and income levels ...
Can put down as little as 3% for a conforming, fixed-rate loan Cons of conventional loans Need a credit score of at least 620 to qualify Lower debt-to-income (DTI) ratio threshold compared to other types of mortgages Need to payprivate mortgage insurance (PMI)premiums if putting less than...
This mortgage type is an especially good option if you are able to afford to make a 20% down payment. If you can’t, you’ll have to pay private mortgage insurance (PMI) every month, adding to the total cost of the loan. Adjustable-rate home loans ...
No PMI Options Tax Deductions Improved Financing Mortgage Consolidation Combine your 1st & 2nd Second Home Loans Financing for Vacation Homes Investment Loans 2nd Home Refinancing Emergency Credit Lines Quick loan & rate quotes * 3 Quotes Mortgage lenders ...
As an experienced mortgage loan officer, I offer a wide range of loan products, including FHA, VA, Conventional, USDA, and many Down Payment Assistance programs. However, what truly sets me apart from others in my field is my unwavering dedication to providing exceptional client service. I hav...