Notice: All SBSI locations will close at 1:00 PM on Christmas Eve, Tuesday, December 24th, 2024, and will remain closed on Christmas Day, Wednesday, December 25th, 2024. Normal business hours will resume on Thursday, December 26th, 2024.
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MEdical Doctors Programs

You've worked hard to get where you are. Let us help you finance your dream home with a mortgage that works for you.

Apply Today

Welcome home

Medical school is expensive, but it can pay off once you become a doctor. Our Medical Doctor Mortgage Program recognizes the student loan burden many doctors carry, offering up to 100% financing for those who qualify, with no Private Mortgage Insurance (PMI) required. We can even qualify borrowers based on executed employment contracts, giving you a head start before your first day on the job.

  • 100% financing available
  • Use of employment contracts for qualification
  • Fixed and Adjustable-Rate Loans
  • Local decisions and servicing
    • We work with a network of local attorneys, appraisers and other real estate professionals who know us and are easily accessible. 
    • Once the final loan paperwork is signed, your loan stays right here and does not get sold.
  • Satisfaction guaranteed (or we’ll reimburse your closing costs)
  • Available on primary residences only (1 to 2 units); no cash-out refinances

All loans are subject to credit approval.

The Bank reserves the right to perform its due diligence assessment of the loan application and may modify the amount, or refrain from providing any financing, according to the results of its analysis. Generally, Saco & Biddeford Savings Institution provides lending services for properties located within our designated lending area. Please call one of our loan representatives for more information.

Calculators

Meet the SBSI residential lending team

Find more of what you're looking for

First Time Homebuyers

We go the extra mile for a strong beginning. Opt for our fixed-rate in-house products, with reduced interest for first-time homebuyers.
Learn More about first time homebuyers

Government Loan Programs

Unlock your dream of homeownership with federally backed FHA and VA loans. Finance major home improvements too.
Learn More about government loan programs

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    Explore Medical Doctors Program

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