First Federal of Lakewood Lending is proud to present the "Physician's Plus Program" to the Courtyards of Cleveland Heights Buyers working in the medical field! This unique mortgage program is designed exclusively for intern and resident doctors, with good credit, but limited assets and high student loan debt.You can save money with Low Down Payment and No Mortgage Insurance. With the incredible flexibility to borrow up to 100% of your purchase price, we’ve reduced the down payment pain associated with home ownership. Your days as an intern or resident can be tough, so you’ll appreciate the ease of bringing less cash to closing while also reducing your monthly payment by eliminating the need for mortgage insurance.
How about Financial Flexibility? In addition to a low down payment, funds used towards making the down payment or closing costs can come from different sources, such as gifts from family members or grants from an employer. Also, the seller or builder of the property can contribute up to 3% to pay certain closing costs or fees.
For more information on this program and to see houses at The Courtyards, call Scott Phillips at 216.849.8333or email scott.phillips@kw.com.


