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You help others for a living. That’s why we make loans just for you.
Our MedPro Loan Program is a residential mortgage loan developed specifically for physicians, dentists, optometrists, Pharm.D pharmacists, ophthalmologists, podiatrists, osteopathologists, chiropractors (DC), psychiatrists, and veterinarians.
Perfect for you if:
- You are a health professional.
- You are looking for a primary home.
Loan Features
- Available for home purchases or construction of primary homes only.
- Competitive pricing available.
- Mortgage insurance is not required.
Loan Benefits
- No penalty for prepaying your loan.
- Gift funds or seller contributions (up to 3% of purchase price) may be used for closing costs.
Terms1
- 5/1 ARM, 7/1 ARM, and 10/1 ARM
- 15-year and 30-year Fixed Rates
Apply online today
Applying for a First Bank mortgage is fast, easy and secure. Before you begin, have the following information on hand.
Financial Information
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Income
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Your total assets
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Monthly expenses
Property Information
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Estimated purchase price and down payment amount (if buying)
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Estimated property value and loan amount (if refinancing)
Ready to get started?
Work with a local mortgage specialist
Loans are subject to credit approval. Loan product subject to change.
1For a $300,000 mortgage loan for a term of:
- 30 year fixed interest rate of 5.750%, with an APR of 5.894%, the monthly payment would be $1,750.72.
- 15 year fixed interest rate of 5.625% with an APR of 5.868%, the monthly payment would be $2,471.20.
- 5/1 adjustable rate of 4.75%2, with an APR of 6.53%, the monthly payment would be $1,564.94.
- 7/1 adjustable rate of 4.875%2, with an APR of 6.305%, the monthly payment would be $1,587.62.
- 10/1 adjustable rate of 5.00%2, with an APR of 6.016%, the monthly payment would be $1,610.46.
Based on 85% loan to value and 1% Origination Fee. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. These payments are based on recent interest rates and can vary based on individual credit.
2Adjustable interest rates and payments are subject to increase after the initial fixed-rate period (62 months for a 5/1 ARM, 7 years for a 7/1 ARM and 10 years for a 10/1 ARM).