What Loan Options are Available for Doctors Buying a Home in Michigan?

TLDR Summary:

• Doctors have unique loan options with low down payments and favorable terms.

• Physician loans often don’t require private mortgage insurance (PMI).

• Michigan neighborhoods like Livonia and Canton are popular among doctors.

• Loan rates and terms can vary; compare offers from multiple lenders.

• Consider market conditions and home values in Southeast Michigan before buying.