Physician MD DO DPM Halal Home Financing - ijaraCDC

Physician MD DO DPM Halal Home Financing

Sharia Compliant Home Mortgage loan programs designed exclusively for new and established physicians (MD, DO or DPM) featuring fixed and Variable rate Halal Financing options with no Private mortgage Insurance (PMI) requirement. Programs designed for Residents, Fellows, Attending Physicians and Self-Employed Physicians.  This specialty program is currently only available in IL, IN, KY, MI, OH, PA, WV and WI

New Physician Loan Programs

Perfect for graduating medical students entering residency, current Residents, or Fellows scheduled to begin employment within 90 days of the purchase of the new home, or have started working for a hospital or physicians group within the last 12 months.

  • 100% financing up to $500,000 loan amount
  • Up to $1 million loan amount available with 5% down payment
  • Available for purchases only
  • Higher loan amounts available with higher down payment
  • New Construction Financing Available

Established Physician Loan Program

Designed for licensed Non-interns, Residents or Fellows who have been employed with a hospital or physicians group for more than one year, or have been self-employed as a medical doctor for at least two years.

Purchase

Designed for licensed Non-interns, Residents or Fellows who have been employed with a hospital or physicians group for more than one year, or have been self-employed as a medical doctor for at least two years.

  • 100% LTV (loan-to-value) up to $650,000 loan amount
  • Up to $1.15 million loan amount with 5% down payment
  • Up to $1.5 million loan amount with 10% down payment
  • Higher loan amounts available with higher down payment
  • New Construction Financing Available

Refinance

  • 100% LTV (loan-to-value) up to $650,000 loan amount
  • 95% LTV up to $1 million loan amount
  • 90% LTV up to $1.5 million loan amount
  • Higher loan amounts available with higher down payment
  • New Construction Financing Available
  • HELOC available to access equity