Financing Loan Options for the Medical Community
If you are a medical doctor, including dentist, who are in or who have recently completed a medical residency program and/or a medical clinical fellowship program, the Medical Professional program* may be right for you.
The Medical Professional Program is a Freddie Mac Only Program that allows deferred or in forbearance student loan payments to be excluded from the borrower’s monthly DTI ratio. **
Additional Product details include:
- Fixed-rate 30-year term or 5/1 ARM available
- Primary residence only
- Purchase or limited cash-out refinance only
- Maximum units: 1
*Some products may be ineligible under this program. Please contact your loan officer for eligibility requirements.
**The file documentation must support that student loan(s) are deferred or in forbearance for a minimum of 72 months from the Note date of the mortgage.