evolve FCU is committed to creating products and services with their members financial health in mind. Their Medical Professional Mortgage Loan program was created with our local medical community hero’s in mind. The MPML makes the home buying process both easy and affordable by alleviating the costs associated with purchasing a home.
Medical Professionals Mortgage Loan Overview:
- Medical Professionals Mortgage Loans: $60,000 - $750,000
- Term: 10, 15, 20, or 30 year-terms
- Medical Credentials: Any person in the medical profession that has at least a two-year certification to obtain their position. (2-year work history requirement is waived.)
- First Mortgage loans with maturities up to 30 years made for the purpose of purchasing or no cash-out refinancing of an owner-occupied primary residence.
- Second and Investment homes are not eligible under this program.
- All mortgages must be underwritten following FNMA and/or FHMLC underwriting guidelines.
- This loan product will not require Private Mortgage Insurance (PMI) or Mortgage Insurance Premium (MIP).
To learn more about this mortgage product and take advantage of its exclusive benefits, contact: Luz Alaniz at 915.599.6820. NMLS #1506705 or visit our website at https://www.evolvefcu.org/lending/medical-professionals-mortgage-loans