If you're a medical professional, did you know there is an option for a low down payment of 5% (95% LTV Ratio)?
Loans for medical professionals are available in Hawaii
Even with heavy student loans, making the leap from renter to homeowner is possible. You’ve worked hard to become a medical professional and now it’s time to receive the benefits of all that work. A handful of lenders understand that your unique financial position is normal, and they offer the ability to exclude your student loan debt from the debt ratio.
Student loan payments in a period of deferment or forbearance for a minimum of 12 months are excluded from debt-to-income ratio. Eligible Medical Professionals include MD, DO, DPM, DDS, and DMD. For more information on this program, feel free to reach out to Tim O'Leary with Guaranteed Rate.