Medical Doctor Program

Terms of Our Medical Doctor Mortgage Loans

As you search for a medical doctor home loan, you may find many options available. We offer competitive rates and flexible options for your convenience. When you choose a medical career, it's because you want to help people. We want to help you achieve your goals. Our program will help you secure the property you desire so you can begin seeing patients quickly, whether you treat children, adults or provide specialized services. 

Physicians often carry a high debt ratio because of their medical school loans. These loans can make it challenging to find mortgage programs that work for you. We take your work and what you do for the community into account, giving you favorable terms that allow you to focus on your practice rather than your financials. You can feel confident that you have a partner in Orrstown that cares about you and your patients.

• 0% down payment 
  
• No mortgage insurance required 
• 740 minimum credit score 
  
• Purchase only 
• 6% max seller’s assistance for buyer’s closing costs 
• Must be owner-occupied
• Gift funds allowed for closing costs
• Borrower must qualify with all student loan debt 
• Must have executed unconditional, guaranteed, non-revocable medical contract reflecting reasonable start date (within 60 days of settlement)
• Sufficient reserves/income to support debt until start date of employment
  
• Maximum loan amount $750,000

Why Choose Orrstown for a Medical Mortgage Loan?

Orrstown Bank is an established part of the community. We offer services for people throughout Central Pennsylvania and Maryland, and our customers are also our neighbors. We go to the same grocery stores, frequent the same small businesses and see each other at Friday night football games. We care about our community as much as you do, and we want to help strengthen it so everyone enjoys a great future.

Supporting our local physicians is part of that commitment to our community. We know you have many choices for your practice, and we want to show our appreciation through a medical mortgage loan. Physicians care for us, so we return that favor by looking out for your financial future.

When you choose Orrstown for your medical mortgage loan, you enjoy a personal touch. Our team does business the old-fashioned way. We believe in speaking with people face to face and on the phone, discussing all of your concerns and questions and ensuring you know exactly what to expect from the loan process. Banking is about people. Our highly personal approach lets us get to know the people we're helping.

As an essential part of our community, you deserve the best mortgage and refinance opportunities available. Let us find the right options for you. Get in touch with us today to discuss our physician loans and begin the application process.

Important Notice: Interest Rates and Maximum Loan-to-Value may be based on Credit Score, Property Type, Occupancy, Purpose, Investor, Insurer, Loan to Value and other factors. Additional investor, insurer and Orrstown Bank criteria/conditions apply to all products. Information provided is for illustrative general use only and does not contain all qualification and automated underwriting approval requirements. Orrstown Bank reserves the right to change this information at any time. Meeting any of the criteria does not constitute a commitment to lend.