Why Professionals Benefit from Academy Bank’s Premier Choice Mortgage Loan Program – A Guide from Tim Kay

As a mortgage professional for more than 25 years, I know how challenging it can be to find a home loan that fits your unique financial situation. Many traditional mortgages come with high down payments, mortgage insurance premiums, and increased rates for larger loans, making homeownership feel like an uphill battle for professionals.

That’s why Academy Bank’s Premier Choice Home Loan Program was designed specifically for professionals like you. Let’s explore how this mortgage program helps different career paths achieve homeownership with ease.

No Mortgage Insurance = Big Savings for Professionals

Most conventional loans require private mortgage insurance (PMI) unless you put down at least 20%. But with the Premier Choice Loan Program for professionals, you don’t need mortgage insurance—no matter your down payment. That’s a huge financial advantage, allowing you to redirect those funds toward other priorities.

Benefits of No Private Mortgage Insurance for Different Professions

• Doctors & Dentists — Whether you’re a resident or a seasoned practitioner, student loan debt is often a major concern. With no PMI required, you can focus on managing your finances without unnecessary extra costs.
• Attorneys — Law school debt and career moves make cash flow crucial. Keeping your monthly mortgage costs lower by eliminating PMI gives you more financial flexibility.
• Pharmacists & Veterinarians — These professions often have steady yet evolving career paths. Skipping PMI lets you put more money toward professional growth, investments, or even starting your own practice.
• Military Officers (O4 and Above) — Frequent relocations can make buying a home tricky. With no PMI, you reduce your monthly housing expenses while maintaining financial flexibility for future moves.

Up to 100% Loan-to-Value (LTV) Home Loan Financing: No Large Down Payment Required

Traditional mortgage loans often require a sizable down payment, which can delay homeownership. The Premier Choice Loan Program allows you to purchase a home with 0% down, letting you:

• Keep your savings intact for emergencies or investments
• Avoid waiting years to save for a large down payment
• Secure a home even if you just started earning in your field
• Enjoy the same competitive mortgage rates—even for jumbo loans

 

If you’re considering a higher-priced home, many banks charge increased interest rates for jumbo loans. But with Academy Bank’s Premier Choice Mortgage Loan Program, you get the same competitive rates regardless of your loan size. This means:

• Doctors, surgeons, and specialists can afford homes in desirable areas near hospitals or private practices.
• Lawyers in competitive markets can buy a house without worrying about inflated mortgage interest rates.
• Veterinarians and pharmacists can invest in properties that support both professional and personal needs.

Who Qualifies for the Premier Choice Program?

Home loans for professionals should work with your career, not against it. So, if you have a demanding profession, this mortgage program was built just for you. Eligible careers include:

• Medical Doctors & Dentists (including residents)
• Surgeons, Psychiatrists, Optometrists, Ophthalmologists, & Osteopaths
• Nurse Practitioners
• Physician Assistants
• Attorneys
• Pharmacists
• Veterinarians
• Military Officers (O4 and above)

With a minimum credit score of 720, you can take advantage of this special mortgage offer tailored to professionals.

Your Career Is Demanding—Your Home Loan Shouldn’t Be

Traditional home loans weren’t designed with professionals in mind. That’s why Academy Bank’s Premier Choice Home Loan Program removes the roadblocks that hold back many high-achievers from homeownership.

Let’s talk about your goals and find the best mortgage solution for you. Contact me today to get started!