limited-time Match Day special
medical professional mortgages
Let’s celebrate Match Day together with mortgage rates as low as 5.75% interest rate1 and 5.803% APR1.
how it works
let's get started
If you’re a doctor or dentist currently in your residency or fellowship, or have been matched to a residency program, you could be eligible for this special rate mortgage. Simply apply for your mortgage on or before May 1, 2025, and lock in your loan by May 31, 2025.
Our local Mortgage Advisors are ready to help you every step of the way.
benefits
of our Match Day Special:
- 0% down payment1
- Excludes student loan debt
- No PMI
ARM mortgage:
what is an adjustable rate mortgage (ARM)
An ARM has an initial interest rate that’s fixed for a specific period of time, followed by an adjustable interest rate that increases or decreases over the remaining life of the loan, based on certain market conditions.
A 5/1 ARM has a fixed interest rate for the first 5 years of the loan. Afterwards, the rate is adjusted every year.
5/1 ARM:
what are the benefits?
- You could have an initial lower monthly payment than a fixed-rate mortgage usually offers.
- It’s a good choice if you plan to refinance or move before the end of the introductory fixed-rate period.
- Ideal if you think interest rates may go down in the future.
[1] For qualified borrowers financing through the HomeReady and Home Possible loans. For more information, visit fanniemae.com/homeready and freddiemac.com/homepossible. Certain terms and conditions apply.
[2] Loan must meet certain requirements for future PMI cancellation.