Professional Loan

Home financing for established professionals for as little as 3% down without monthly 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 the possibility of paying no private mortgage insurance (PMI)*. Talk about the best of both worlds! It can be used for purchase as well as refinance transactions.

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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 $424,100 (LTV of 97%) and a minimum credit score of 720. 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.

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           804.724.LOAN       OR GET IN TOUCH ONLINE       
CONTACT US

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CALL US NOW

   804.724.LOAN

GET IN TOUCH ONLINE

CONTACT US

Professional Loan is available in the following States: Alabama, Arizona, Colorado, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Ohio, South Carolina, Tennessee, Utah, Virginia, Washington

Special Offers and Programs

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Why Choose ?

LOW RATES

We offer some of the lowest mortgage rates in the industry, along with truly innovative, tailored programs.

GREAT SERVICE

Our mission: client-focus. As your personal lender, we value listening and delivering on what is most important to you.

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Move into your new home sooner. Time saved plus low rates equals more savings for you.