Professional Loan

Home financing for established professionals for as little as 3% down and the possibility of no mortgage insurance.

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Question:

Question:

Have you worked hard for your degree and are looking for a mortgage that matches up with your income potential?

CONSIDER A PROFESSIONAL LOAN

The program provides special financing for Professionals who are established or have a signed employment agreement. The program allows for financing up to 97% of the purchase price of your home and no monthly mortgage insurance (PMI)*. Talk about the best of both worlds! It can be used for purchase as well as refinance transactions.

QUICK
FACTS

Minimum Credit Score:

661

Minimum Down Payment:

3%

Max Debt-to-Income:

43%

Max Loan Amount:

$1,300,000

Available for:      Primary Residences    

QUICK
FACTS

Minimum Credit Score:

661

Minimum Down Payment:

3%

Max Debt-to-Income:

43%

Max Loan Amount:

$1,300,000

Available for:

  Primary Residences

WHO CAN QUALIFY FOR A PROFESSIONAL LOAN?

If you have PhD or Juris Doctor degree (J.D.), and an executed Employment Contract with a start date no later than 90 days after your loan closing date, we may be able to help you get the ideal loan product. Northpointe Bank’s Professional Loan Program is a great solution for the following professions:

  • PhD in any non-medical profession
  • Attorney
  • Accountants
  • Financial Planners
  • Medical Residents
  • Medical Fellows
  • Doctors of Medicine
  • Dental Science
  • Optometry
  • Osteopathy
  • Doctor of Veterinary Medicine

Amortization Options:

  • 3% Down applies to a maximum loan amount of $970,800 (LTV of 97%) and a minimum credit score of 661. Northpointe Bank may purchase lender-paid mortgage insurance. All mortgages are subject to credit review and approval. This is not a loan commitment. Maximum loan-to-value ratios, loan amount and product terms may change without notice. Contact your Team 101 at Northpointe Bank loan expert for full details.

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Is the Professional Loan Right for You?

Fill out this questionnaire to see if we can help you achieve your homeownership goals with the Professional Loan.

Get Started

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CALL US NOW           801.810.6503       OR GET IN TOUCH ONLINE       
CONTACT US

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CALL US NOW

   801.810.6503

GET IN TOUCH ONLINE

CONTACT US

Professional Loan is available in the following states: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kentucky, Massachusetts, Michigan, North Carolina, Ohio, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington

Why Choose at Northpointe Bank?

The answer is clear:

More Options. Better Pricing. Period.

Join the many satisfied Utahns who’ve gotten their mortgage loan for their dream home through Team 101 at Northpointe Bank.

Rated 4.9 out of 5

Rated 4.9 out of 5

Based on 466 customer reviews

Based on 466 customer reviews