Professional Mortgage Loan

You're dedicated to your role. We're dedicated to saving you money. The Professional Mortgage Loan lets you enjoy a down payment as little as 3% with no private mortgage insurance.
Professional Mortgage Loan

Benefits of a Professional Mortgage

  • As little as 3% down
  • For the purchase of a primary residence only
  • View our current rates
  • No requirement for private mortgage insurance (PMI)
  • Available with at least one borrower licensed and employed as a Medical Doctor (including Residents), Dentist, Veterinarian, Accountant, Attorney, Advanced Practice Providers, and more
  • Employment verification letter or employment offer letter may be used for qualification
  • Gift funds may be used for qualification
  • Student loans deferred for 12 months may be excluded from qualifying ratio in some instances

    To apply, click the Apply Now button below or contact the Mortgage Department directly at 517-333-2424.
Affiliated Moves

Earn Cash-Back Rewards on the purchase or sale of your home with Affiliated Moves

Apply in the Mobile App

On-the-go looking at houses? With just a few taps of your finger, you can apply for a mortgage from anywhere with our mobile app.

As Low as 3% Down
With as low as 3% down on your mortgage, you'll be able to save the rest of your money for the expenses that come with owning a new home.

Frequently Asked Questions

This loan may be perfect for you if you are a:
  • Medical Doctor (including Residents)
  • Dentist
  • Veterinarian
  • Optometrist/Ophthalmologists
  • Chiropractor
  • CPA
  • Attorney
  • Advance Practice Providers: (Physician Assistant, Nurse Practitioner, Clinical Nurse Specialist, Nurse Anesthetists)

If you have questions about qualification, contact the Mortgage Department at 517-333-2424.

Privacy Notice, Consumer Caution and Home Ownership Counseling Notice, Electronic Correspondence Disclosure and Agreement, Mortgage Information, Nationwide Mortgage Licensing Systems IDs, Home Mortgage Disclosure Act Notice, Consumer Handbook on Adjustable-Rate Mortgage, CFPB Your Home Loan Toolkit, Reconsideration of Value

Home loans available for homes in the following states: Michigan, Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, and Wisconsin. Construction home loans are available in Michigan and Illinois. Rates are based on creditworthiness, loan-to-value (LTV), property type, and other factors associated with your loan application, your rate may be higher.

APR is annual percentage rate, and is subject to change. Your rate will depend on your credit score and the term. The loans subject to credit approval.

 

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All products and services available on this website are available at all MSUFCU full-service locations.
Equal Housing Opportunity
Equal Housing Opportunity
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MSU Federal Credit Union savings are Federally insured to at least $250,000 by the NCUA and backed by the full faith and credit of the United States Government. APR = Annual Percentage Rate. APY = Annual Percentage Yield. View our Privacy Notice and read our disclaimer regarding links to other sites.