Doctor Loan Program
A Mortgage Option for Physicians and Other Medical Professionals
You've worked hard toward your career as a physician, and now you're ready to purchase a home. Is a doctor loan right for you? Greater Nevada Mortgage's doctor loan program helps physicians and other medical professionals who are beginning their careers obtain a home loan with criteria that considers your financial position today- as well as your future earnings.
Who is Eligible for the GNM Doctor Loan Program?
- Medical Resident / Medical Doctor (MD)
- Doctor of Dental Science (DDS)
- Doctor of Dental Medicine (DMD) and dental surgeons specializing in oral and maxillofacial surgery
- Doctor of Optometry (OD) / Doctor of Ophthalmology (MD)
- Doctor of Podiatric Medicine (DPM)
- Doctor of Osteopathy (DO)
What are the Advantages of a Greater Nevada Mortgage Doctor Loan?
A GNM doctor loan requires a lower down payment, which can make a huge difference in how quickly you can get into your own home. As you know, it can take years to save for a down payment.
The GNM doctor loan program also offers attractive fixed rates for 15 and 30 year terms, so you can avoid the potential surprises of an adjustable rate mortgage for the long term. Both single family residences and warrantable condominiums are eligible for the program. The goal is to help you take advantage of and enjoy homeownership, while ensuring you can focus on building your career or practice, while building a sound financial future.
Learn More about GNM Doctor Loans
The local, knowledgeable mortgage loan officers at GNM are here to help you understand your home loan options and determine the best program to meet your needs. They'll explain other factors to consider, such as student loan debt, credit scores, down payments and more. Contact GNM today to lean how you can move to greater!
All loans are subject to credit/collateral approval by GNM. For a representative payment example, click here.