TAILORED MORTGAGE SOLUTIONS
Physician Home Loans
Physician mortgages offered through Colorado-based Canvas Credit Union
designed for you
Physician Mortgage Loans
We understand that as a resident, fellow, or attending physician, your unique financial circumstances can make it hard to qualify for a home loan, including:
extensive student loan debt
limited or no down payment
complicated pay structure
need to purchase a home before starting a new, higher paying job
Work with a lender who can offer an attractive physician mortgage solution to overcome these hurdles on your path to home. Plus, streamline the process to save you time and energy. By proactively submitting your file for underwriting approval upfront, we help you avoid stressful surprises once under contract on a home.
How Does a Physican Home Loan Benefit Me?
- 0% DOWN PAYMENT UP TO $1M LOAN AMOUNT
- 5% DOWN PAYMENT UP TO $1.25M LOAN AMOUNT
- 10% DOWN PAYMENT UP TO $1.5M LOAN AMOUNT
- NO PRIVATE MORTGAGE INSURANCE
- 30 year fixed rate
- Very competitive rates and low fees
- Favorable student loan repayment calculation
- Can use gift funds for down payment
- Buyer must contribute 1% of sale price which can be paid out of pocket, by gift funds, or seller credit
- Close prior to employment start date
- Portfolio loan product, servicing remains with Canvas Credit Union
Who Can Take Advantage of a Doctor Loan through Canvas Credit Union?
Licensed Interns, Residents, or Fellows in a medical residency or Doctors who have completed residency within the last 36 months including:
Medical Doctors (MD)
Dr. of Osteopathy (DO)
Dr. of Dental Surgery (DDS)
Dr. of Dental Medicine (DMD)
Dr. of Optometry (OD)
Dr. of Ophthalmology (MD)
Dr. of Podiatric Medicine (DP)
Dr. of Surgery (DCH)
Dr. of Psychiatric Medicine (DPM)
Dr. of Veterinary Medicine (DVM)
Dr. of Chiropractic (DC)
Dr. of Pharmacy (PharmD)
“Olivia & Todd rewrote what you would think the home buying process would be like. A task that is normally extremely stressful and downright dread-worthy became flawless & worry-free. MedicalPRO HOME helped my wife and I, an ER Nurse & an Emergency Physician, navigate this process. They allowed us to continue working our jobs knowing that everything was handled on the home front. I can’t say enough wonderful things about this team & program. We feel like we won the lottery with finding their help.”
-Bekah & Chelsea | Littleton, CO
Let’s connect
Contact Us
milehimodern: 44 Cook St #310 Denver, CO 80206
milehimodern is a licensed Real Estate Brokerage Firm in the State of Colorado.