Our KeyCares Physician Loan program is back and better than ever! We’re excited to introduce expanded loan amounts, FICO scores and condominium offerings that will allow you to be a better resource to your clients and expand your network into the vast medical industry here in Chicagoland.

Massive student loan debt, evolving employment structures and limited downpayment options can seem like insurmountable hurdles for a doctor when it comes to purchasing a new home. But with Key Mortgage’s KeyCares Physician loan program, doctors get more flexibility and options to make owning a home — whether it is their first home or their dream home — a reality. 

Some highlights of this recharged program include:

• Maximum loan amounts have increased to $2,500,000

• No downpayment options available with no private mortgage insurance required

• Fixed and Adjustable Rate loan options available

• Eligible for 1- and 2-unit properties INCLUDING non-warrantable condominiums

• Flexible underwriting guideline treatment for:

  • Newly self-employed, contract and 1099 doctors

  • Employment starting AFTER closing date

  • Special treatment for qualifying with student loan debt

If you’ve worked with clients who carried an M.D., D.O., D.D.S., D.M.D., or are ophthalmologists, podiatrists or veterinarians who were disappointed you couldn’t work with your Key Mortgage loan officer, this is great news! Where this is even more powerful, is that if you haven’t considered this industry as a potential source for new clients, now is the perfect time to partner with your Key Mortgage loan officer and tap into the vast opportunities it offers. Plus, we can assist clients in almost all 15 states where Key Mortgage is licensed!

Business planning season is upon us, so why not consider adding doctors to your plan? Leveraging your partnership with your Key Mortgage loan officer can take those plans and make them a reality!