(941) 445-2332
Brandon Terry
Mortgage Broker | P: 941-445-2332
9040 Town Center Parkway | Lakewood Ranch, FL, 34202
Because the Path to Medicine Was Never Conventional
Medical careers follow a different timeline than most professions. Years of education, training, relocation, and delayed earning potential often come long before financial profiles look conventional.
This physician-focused home loan was created with that reality in mind, offering 100% financing with no down payment required. It allows qualified medical professionals to pursue homeownership earlier in their careers while preserving cash flow and flexibility for life, career, and long-term financial planning.
Doctor Loan Highlights:
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Financing up to 100%
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Loan amounts up to $2 Million
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No Private Mortgage Insurance (PMI)
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Borrowers must hold a minimum of an M.D., D.O., D.D.S., DNP, DNAP or D.M.D. degree and have an active employment contract (or verification of terms of employment acceptance).
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Available for primary residences
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Min. 680 FICO required
Eligible licensed professionals include:
MD, DO, DDS, DMD, PharmD, CRNA, VMD, DPM
REVERSE MORTGAGE
Did you know if you are over 62+ you can convert the equity in your home?
How This Program Helps Buyers
A HECM (home equity conversion mortgage) eliminates the need for a mortgage if your over 62 years of age and allows you to access a portion of the remaining equity now. Giving you peace of mind with your home thru the later years of life.
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Eliminate required monthly mortgage payments
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Access tax-free cash from your homes equity
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Stay in your home as long as it’s your primary residence
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FHA-insured & non-recourse (you never owe more than the home’s value)
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Funds can be used to pay off an existing mortgage
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Funds can be used to purchase a new home and have no mortgage payment
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Both fixed rate and ARM options available
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There is no minimum income requirement only a residual income calculation to ensure ongoing expenses like taxes, insurance, and home rapairs can be covered.
Important Notes
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Government counseling required
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Appraisal determines final eligibility
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Borrower must maintain taxes, insurance & property condition
Melissa Terry
Mortgage Broker, NMLS #1744838
Call / Text: (931)259-6030
Email: Melissa.Terry@edgehomefinance.com
APPLY! www.terrymortgageteam.com
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