CrossRoads Lending, Inc. offers a truely unique mortgage to residents and physicians which allows them to purchase a home and bring no money to the closing table. Under this program residents may borrow up to 103% of the value of the property plus accept another 3% from the seller.

The Doctor Loan allows medical residents to purchase a home and bring no money to the closing table. That is where this program differs from other mortgage products marketed towards medical residents and physicians. This program lets you borrow 103%, not just 100%, and it allows you to accept an additional 3% from the seller of the home. No other "physician mortgage" allows the borrower to do this. Other advantages of The Doctor Loan are:


*No PMI
*Student Loans that are deferred for at least 12-months will not count in debt ratios.
*No reserves are necessary.
*Available as a 30-year fixed or a 5-year adjustable rate mortgage.
*An interest-only payment option is available.
*Credit scores as low as 660 are approvable.


If you are a resident or physician and you want to purchase a home and not bring any money to the closing table contact: