|Loan amount||Down payment||Financing|
|Up to $1,000,000||
|Up to $1,000,001-$1,500,000||5%||95%|
|Up to $1,500,001-$2,000,000||
If you're a doctor, dentist, resident or fellow who is less than 10 years out of residency, you may qualify for a TD Bank Medical Professional Mortgage. Unlike a traditional mortgage, this home loan program is designed to help new medical professionals buy a home. Our Mortgage Loan Officers can help you decide if this type of mortgage is right for you and guide you on your home buying journey from prequalification through application and closing.
How does a TD Bank Medical Professional Mortgage work?
You can purchase your first or next home – as long as it is your primary residence – or refinance your current primary residence. The property must be in a state where TD Bank operates and one of the following:
- Single family residence
- Co-op (in specific markets only)
- Property in a planned unit development (PUD)
You'll also have the option of a fixed or adjustable rate loan with down payments based on the mortgage amount.