At Luminate Home Loans – MI, we understand that the costs associated with specialized training and years of schooling make the financial standing of doctors, dentists and veterinarians profoundly different from many other professions.  That’s why we encourage you to take advantage of our EXCLUSIVE program for providers and residents who plan to buy or refinance a home.  The Doctors, Dentists, and Veterinarians Mortgage Loan Program is tailored for providers with an MD, DO, DDS, DVMM, or DMD. We feel that the years of sacrifice from being buried in books and reruns of Grey’s Anatomy, to the time in residency until starting your career shows a level of commitment and determination that should be rewarded.  Since we can’t write your payroll check, the next best thing is to offer you exclusive program terms and lower rates for your mortgage!

Exclusive Provider Benefits

Our doctors program offers lower rates available only to doctors, dentists, and other qualified providers.  On this doctors loan program, you can purchase a home up to $750,000 with NO DOWN PAYMENT!  That’s right, 100% financing available for purchase mortgage loans up to $750,000 for doctors, dentists, or veterinarians only.  We also allow loans up to $1,250,000 with only 5% down and $2,000,000 with as little as 10% down on this loan program in some states.  As an added bonus… there is no PMI (mortgage insurance) required on this doctors program!  If you are a recent grad with student loans, those may be excluded in some instances. Main Benefits:

• Exclusive Low Rates
• 100% Financing to $750,000
• 95% Financing to $1,250,000
• 90% Financing to $2,000,000
• NO Mortgage Insurance (PMI)
• Student Loans may be Excluded

Great for New Residents

No money down makes it easier for recent medical school graduates.  If you recently graduated but haven’t quite started your career, we can help.  Residents just need to show an employment contract and provide a letter from their employer.

Refinance your Current Mortgage

If you already have a mortgage with less desirable loan terms, we may be able to help.  We offer the same loans for refinancing with some minor loan-to-value restrictions in comparison to a purchase.

Get Pre-Approved for a Doctors Loan

Luminate Home Loans – MI offers Doctors Mortgage loans in areas such as Troy, Rochester Hills, Birmingham, Bloomfield Hills, Ann Arbor, Northville, Novi as well as the entire state of Michigan and many other states.  For more information on Doctors Loans or how to get pre-qualified call or text us today at (248)633-8555.