Medical Professional Mortgage Loans
You take care of patients. Let Texell’s Home Loan Heroes take care of you, saving you time and money on your mortgage loan.
Texell Home Loans offers local, trusted advice for your home buying journey and a home loan specifically designed for medical professionals. We provide more favorable terms than standard mortgage programs, including:
- Loan amounts up to $2,000,000.¹
- Loan-to-value (LTV) as high as 100%.
- Mortgage Insurance not required.
- Competitive rates and closing costs.
Take the next step in homeownership today! Apply today or call or text 254.774.5104 to get started.
¹ Loan terms and conditions depend on credit qualifications and approval. Loan valid only for purchase mortgage on primary residence. The borrower or co-borrower must be an actively practicing Medical Doctor or Resident (MD, DO, DDS, DMD, or CRNA).
Frequently Asked Questions
Who is eligible?
The borrower or co-borrower must be a Doctor, Dentist, Resident, Dental Surgeon, Oral Surgeon, or CRNA.
Does a Medical Professional Mortgage Loan Require mortgage insurance?
No, there is no Private Mortgage Insurance required on Medical Professional Loans.
Is a down payment required?
For loans $1 million or less no down payment is required. Low down payments are required for loans over $1 million. Below are a breakdown of loan amounts and the maximum amount financed.
100% financing for loans up to $1 Million
95% financing for loans up to $1.5 Million
90% financing for loans up to $2 Million.
1With Approved Credit
2Student loan debt may be excluded from the debt-to-income ratio (DTI) calculation if it will be deferred for at least 12 months after closing.
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