At Bank of America, we want to thank you for all that you do to keep the neighborhood healthy.
Our No Money Down Doctor Loan is ideal for healthcare professionals who are paying off medical school expenses, investing in a practice, have limited savings or simply prefer to keep their money in other financial vehicles. All that’s required is a consumer or Premier Banking® relationship* with Bank of America.
No Money Down Doctor Loan features:
- 100% loan-to-value
- No private mortgage insurance (PMI)
- Loan amounts up to $1,000,000
- Fixed rate, adjustable rate, fixed rate interest-only1, and adjustable rate interest-only1 mortgages available
- NEW expansion! Eligible professions include actively practicing:
- Medical residents, existing or newly licensed Medical Doctors (MDs and DOs)
- Doctors of Dental Science (DDS), Doctors of Dental Medicine (DMD) and dental surgeons specializing in oral and maxillofacial surgery
- Doctors of Optometry (OD) and Doctors of Ophthalmology (MD)
- Doctors of Podiatric Medicine (DPM
If you are interested in learning more about our No Money Down Doctor Loan or about our many other mortgage programs, please contact me to discuss the ways you achieve more with a proven mortgage solution from Bank of America.
* Minimum requirement for consumer relationship is a Demand Deposit Account (DDA). Premier Banking® is available to people who have $100,000 in combined deposits, investments, lines of credit and loans (not including a first mortgage) at Bank of America or $500,000 in combined balances, including a first mortgage. Not available in all states.
1After the initial fixed interest rate period or interest-only period, rates may vary and payment may increase.
Credit and collateral subject to approval. Terms and conditions apply. Some restrictions may apply. See Bank of America for details. Programs, rates, terms and conditions are subject to change without notice. |