Mortgage Doctor Loan inGrand Rapids, MI

My City Home Loans offers a specialized physician home loan in Grand Rapids, MI, giving medical professionals a smarter path to homeownership with no PMI and flexible financing. If you are a physician, dentist, nurse practitioner, or other licensed medical professional ready to buy a home, call (616) 622-4022 or contact our team today. Based in Grand Rapids, MI, My City Home Loans has over 50 years of combined lending experience helping borrowers across Kent County and West Michigan find the right loan.

wHAT IS THE MORTAGE DOCTOR LOAN PROGRAM?

The Mortgage Doctor Loan is a home loan designed for licensed medical professionals. It may allow qualified borrowers to purchase with no down payment, no Private Mortgage Insurance (PMI), and loan amounts up to $2 million. My City Home Loans offers this program to more than 15 types of licensed medical professionals, including MDs, DOs, DPTs, CRNAs, NPs, PAs, and pharmacists. Because student loan debt can complicate traditional mortgage qualification, this program may use more flexible debt-to-income calculations, including income-driven repayment amounts, so existing loans are less likely to hold you back.

Medical professionals often begin earning later in their careers, and this program is built with that in mind. You may qualify before your first paycheck with a signed employment contract and a start date within 60 to 90 days.

Explore full details on our Doctor Loan page.

My City Home Loans

Meet Our Founder

James Eerdmans is the owner and Grand Rapids branch manager. He is passionate and versed in mortgage lending and various aspects of real estate.

With licensing in lending, construction, title insurance, and real estate- James has a unique skill set and perspective by understanding the expectations both referral sources and clients have in a mortgage transaction!

When James is not working, he enjoys golfing, spending time with his family and friends, and attending music concerts/festivals.

What to Expect When You Apply

Here is what the process typically looks like with My City Home Loans:
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‍1. Connect with a loan advisor to discuss your specialty, income timeline, and homebuying goals.
‍2. Submit documentation, which may include your employment contract, license, and financial records.
‍3. Receive a pre-approval tailored to doctor loan guidelines with a realistic price range.
‍4. Work with your real estate agent to find a home in Grand Rapids, Kentwood, Wyoming, Walker, or the broader West Michigan area.
‍5. Close on your home, often with reduced out-of-pocket costs compared to a conventional loan.

Why Grand Rapids Doctors Choose My CityHome Loans

My City Home Loans is a trusted local lender for medical professionals across Grand Rapids, MI. The West Michigan housing market moves quickly, and a lender who understands local market conditions and lending nuances can make a meaning fuldifference. From East Grand Rapids to Ada and Cascade, our team helps medicalprofessionals find financing that fits their situation. My City Home Loans [https://share.google/g8ytyfBcu1oCx50iq] is known for consistent communication and client-focused service.

Whether you are a new resident starting at a Grand Rapids hospital or an established specialist looking to upgrade, this program may be the right fit. Explore your loan program options [https://www.mycityhl.com/loan-programs] to compare it against conventional and other financing paths.

Meet our dedicated team

Amanda Smith

Compliance Manager/Quality Control

Laura Demarest

Operations Manager

Liz Fulayter

Senior Processor

Stephanie Hoyh

Processor

Andy Jensen

Underwriter

Jade Jobe

Processor

Rebecca Lobinowich

Loan Originator Assistant

Joshua Matthysse

Post Closing

McKenzie Palmisano

Marketing Manager

Connor Quiney

Lock Desk Consultant

Micaela Rundhaug

Closer/Funder

Samantha Sage

Closer/Funder/HR

Madison Slusher

Processor

Peter St. John

Underwriter

NMLS #

2809460

Find A Loan Originator Near Me

We are here to help.

Embarking on the journey of purchasing a new home can often feel like an overwhelming and complex endeavor. We are here to offer a guiding light and Expert assistance throughout this demanding process, ensuring a seamless and enjoyable experience.