Many medical professionals put off buying a home because of their large monthly student loan payments and the need for a large down payment. Evolve Bank and Trust physician mortgage loans can make homeownership a reality for residents and early-career medical professionals with their low down payment options.
At a glance:
- Medical professionals from a variety of different job titles qualify for the loan
- They offer up to 100% financing for home loan amounts of up to $1 million in 48 states
- If you’re graduating from medical school, dental school, or veterinarian school, their loan program can help you purchase a home before gaining permanent employment
| Lowest down payment | 0% down for up to $1 million |
| Residents allowed | Yes |
| Construction loans | Yes (Construction to permanent not allowed) |
| Degrees that qualify | MD, DO, DMD, DDS, OD, PharmD, DPM, PA, DC, DVM, CRNA, NP |
| Eligible states | Available in all states except Hawaii and Alaska |
Evolve Bank physician mortgage loan details.
Evolve Bank & Trust offers a 0% down payment for loan amounts up to $1,000,000, a 5% down payment up to loan amounts of $1,250,000, and a 10% down payment for loan amounts up to $2,000,000.
Evolve Bank & Trust has been serving banking customers for almost 100 years. They were founded in eastern Arkansas, are now headquartered in Memphis, Tennessee, and have bank clients in all 50 states.
Their Medical Professional program is open to physicians, physician assistants, dentists, dental surgeons, optometrists, pharmacists, podiatrists, chiropractors, veterinarians, nurse anesthetists, nurse practitioners, and medical researchers throughout the United States. Their program includes new medical, dental, and veterinary graduates, fellows, and residents.
Corey Weber is our recommended lender with Evolve Bank and Trust! Click here to apply now.
