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Wintrust Physician Mortgage

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Program Details

Program Details

Program Details

Formed in 1979 in Denver, Colorado, Wintrust Mortgage is one of the top 20 bank-owned retail mortgage originators and loan servicers in the country, originating in excess of $4 billion in loans annually, in all 50 states. We offer competitive pricing and a wide variety of mortgage products for the first-time homebuyer to the seasoned veteran, as well as the technology and support staff to ease you through the process.

With more than 65 lending offices across the U.S., and more than 175 bank branch locations, Wintrust Mortgage is committed to serving the financial needs of homeowners across the nation.

Wintrust Mortgage is a division of Barrington Bank & Trust Company, N.A., a Wintrust Community Bank®, and an affiliate of Wintrust Financial Corporation. Headquartered in Rosemont, Illinois, Wintrust companies also offer community and business banking, wealth management services, and insurance premium financing.

  • Financing Options- 100% to $850K, 97% to $1.25M, 95% to 1.5M, 90% to $2M, and 80% to $3M

  • Credit Score Ranges- 680 for 20% down, 700 for 10% or 5% down, 720 for 3% down, and 740 for 0% down.

  • 7/6 and 10/6 Adjustable Rate Mortgages (ARMs)

  • Deferred medical student debt may not affect your qualifying loan amount.

  • Purchase and rate/term refinance for primary residence.

  • MD, DO, DPM, DMD, DDS, Oral Surgeons, Chiropractors, Pharmacists, and Veterinarians


Terms

Terms

Terms

0% down to $850k loan amount, 3% down to $1.25mm loan amount, 5% down to $1.5mm loan amount, 10% down to $2mm loan amount

0% down to $850k loan amount, 3% down to $1.25mm loan amount, 5% down to $1.5mm loan amount, 10% down to $2mm loan amount

Strengths

Strengths

Strengths

low down payment option, contract income used to qualify, student loans not used if no payment for 12 months

Strengths

low down payment option, contract income used to qualify, student loans not used if no payment for 12 months

Disclaimers

Disclaimers

Disclaimers

Program availability varies by state and is subject to change.

  • Loan limits, down payment tiers, and guidelines may change without notice.

  • All loans are subject to full underwriting approval.

  • Credit, income, assets, and property eligibility must meet lender requirements.

  • Student loan exclusion applies only when no payment is required for the next 12 months.

  • Not all applicants will qualify

Disclaimers

Program availability varies by state and is subject to change.

  • Loan limits, down payment tiers, and guidelines may change without notice.

  • All loans are subject to full underwriting approval.

  • Credit, income, assets, and property eligibility must meet lender requirements.

  • Student loan exclusion applies only when no payment is required for the next 12 months.

  • Not all applicants will qualify

Eligible Degrees

Eligible Degrees

Eligible Degrees

DC

DDS/DMD

Fellow

Intern

MD/DO

CRNA

NP

OTD/MOT

OD

PharmD

DPT

PA

DPM

DPM

RN

Resident

= Eligible

= Not Eligible

Eligible Degrees

DC

DDS/DMD

Fellow

Intern

MD/DO

CRNA

NP

OTD/MOT

OD

PharmD

DPT

PA

DPM

DPM

RN

Resident

= Eligible

= Not Eligible

Approved States

Approved States

Approved States

AL

AZ

CA

FL

IL

IN

IA

MI

MN

MT

ND

WI

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