Nurse Home Loans: 3% Down, No PMIYou Care for Everyone Else. Let's Get You Home.

Registered nurses (RN), nurse practitioners (NP), certified registered nurse anesthetists (CRNA), and clinical nurse specialists (CNS). At least one borrower must hold an eligible degree and qualify using income from that profession. Co-borrowers can work in any field. LPNs/LVNs, CNAs, and unlicensed nursing students aren't eligible.

As little as 3%. We finance up to 97% on loans up to $2,000,000 and up to 89.99% on loans up to $3,000,000. There's no mortgage insurance, though closing costs and prepaid items still apply. See your payment and how much you'd save compared with a conventional loan with PMI in our nurse home loan calculator.

Yes. You can qualify on a signed offer letter or contract when your start date is up to 180 days after closing. It must show your job title, start date, and pay rate, cover at least 12 months, and have only licensing or standard administrative contingencies. You'll also need reserves for each month between closing and your start date.

We use the monthly payment on your credit report. If no payment reports, we use 0.5% of the balance, a fully amortized payment, or your documented repayment amount. Read more in how our healthcare loans treat student loans.

Often, yes. Contract, 1099, and travel nurses may qualify with guaranteed pay or a documented contract history. If you're qualifying on a contract that hasn't started yet, it needs to start within 60 days and you'll need reserves. Self-employed nurses need at least one year of personal and business tax returns showing 12 months of self-employment.

Every borrower needs at least a 700 credit score. Nontraditional credit isn't accepted.

Single-family homes, PUDs, and warrantable condos, as a primary home of 1–4 units or an eligible one-unit second home. Manufactured homes, co-ops, condotels, non-warrantable condos, leaseholds, mixed-use properties, hobby farms, timeshares, land, deed-restricted homes, and auction purchases aren't eligible.

Maybe not. CRNAs with a DNP or DNAP may qualify for our 0%-down physician loans. We'll compare both programs side by side so you can choose.

No. The program is for purchases and rate/term refinances only. Cash-out refinances, construction-to-permanent loans, escrow holdbacks, and investment properties aren't allowed.