Not every doctor wants to stay in the same home, or even the same state, for 30 years. That’s where the Doctors Advantage 7/1 ARM Flexible Mortgage Financing from People Driven Credit Union shines. Designed for medical professionals, this loan offers competitive rates, no PMI, and the flexibility to move, refinance, or upgrade in a few years without overpaying in the meantime.
Why Choose the Doctors Advantage 7/1 ARM?
With a 7/1 adjustable-rate mortgage, your initial interest rate is set for the first 7 years, then adjusts annually based on market rates. It’s a great choice if you plan to refinance, relocate, or upgrade your home in the near future—common scenarios for medical professionals early in their careers.
Key Features of the Doctors Advantage 7/1 ARM
- 100% financing on single-family primary residences in Michigan
- No Private Mortgage Insurance (PMI)
- Student loan payment waiver* for qualifying medical professionals (≥ 2 yrs in profession).
- 7-year initial rate for 7 years, followed by annual adjustments (2.75% margin)
- No LLPAs – and premium pricing/buydown options allowed
- Loan amounts up to $1,000,000
- Minimum credit score: 740
- Maximum debt-to-income ratio: 40%
- Origination fee: 1.5% of loan amount, capped at $10,000.
- Premium pricing and buydown options allowed.
- No LLPAs; competitive secondary‑market-derived pricing.
Property Types & Availability
This flexible ARM mortgage can be used to purchase a primary residence, second home, or investment property located anywhere in Michigan. It’s ideal for borrowers planning to move, upgrade, or refinance within a few years.
Who’s Eligible ?
Professionals with at least two years in their field are eligible. This includes:
- Doctors
- Dentists
- Pharmacists
- Veterinarians
- Anesthesiologists
- Nurses
- First responders
If you’re ready to make your move, PDCU is ready to support your path to homeownership with expert guidance and member-first service.
Let’s Get You Home
Whether you’re fresh out of residency or just looking for more control over your mortgage, the Doctors Advantage 7/1 ARM Mortgage gives you the tools to move forward with confidence.
Reach out today to talk with our mortgage specialists:
Meet Our Mortgage Loan Officer
Michelle Dzon is authorized to act as an agent on behalf of People Driven Credit Union. Contact her for personalized assistance with your mortgage needs.
Michelle Dzon
Member First Mortgage, LLC (MFM)michelle.dzon@memberfirstmortgage.com
Connect with Michelle
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
Ready to Take the Next Step?
The Doctors Advantage 7/1 ARM is built for Michigan medical professionals who want flexibility without overpaying. Here is how to learn more or get started.
See the Doctors Advantage 7/1 ARM
Review the full product details for the Doctors Advantage 7/1 ARM Mortgage, including eligibility requirements, eligible professions, property types, and loan parameters. Available to qualifying medical professionals purchasing a primary residence in Michigan.
Connect With Michelle Dzon
Michelle Dzon is PDCU’s mortgage loan officer at Member First Mortgage. Call her at 616-301-1714 or email michelle.dzon@memberfirstmortgage.com to discuss your situation, ask questions about the Doctors Advantage program, and get a clear picture of your options before you apply.
All mortgage loans subject to credit approval and membership eligibility. Available on qualifying purchase transactions in Michigan only. Not available on condos, townhomes, multi-unit properties, or manufactured homes. People Driven Credit Union partners with Member First Mortgage for mortgage loan origination. Member First Mortgage, LLC NMLS ID# 149532. Michelle Dzon NMLS ID# 401292. People Driven Credit Union NMLS #776727. Equal Housing Lender. Federally insured by the NCUA. Flexible Mortgage Financing
Disclosures
Available to all eligible medical professional members using a conventional mortgage loan program on a purchase transaction with People Driven Credit Union in the State of Michigan. Not eligible on multi-unit properties, condos, townhomes, or manufactured houses. The Loan Example is current as of 9/9/2025 and based on a $200,000 loan amount with a conventional 30-year ARM term (360 monthly principal and interest payments of varying amounts: initial 5.5% Interest Rate with an Annual Percentage Rate (APR) of 6.199% for years 1-7 (84 monthly principal and interest payments of $1,135.58); first adjusted interest rate can increase or decrease by 2% (3.5%-7.5%) for 1 year (12 monthly principal and interest payments of $938-$1,352); second adjusted interest rate can increase by 2% or decrease as low as the rate minimum (2.75%-9.5%) for 1 year (12 monthly principal and interest payments of $872-$1,579); subsequent adjustments can increase to the rate maximum (10.5%) or decrease to the rate minimum (2.75%) each year for years 10-30 (annually adjusted monthly principal and interest payments of $872-$1,695)); 0% Down Payment; Rates quoted assume excellent borrower credit history. Payment example does not include taxes and insurance; the actual payment obligation will be higher. The cost of Private Mortgage Insurance (PMI) is waived as part of this promotion, to be paid by the Lender. This is not a commitment to lend. All lending products are subject to credit and property approval. Additional restrictions may apply. MFM is a partner of People Driven Credit Union. Michelle Dzon #401292, is authorized to act as agent of People Driven Credit Union (24333 Lahser Road, Southfield, MI 48033 | (248) 263.4100 | NMLS ID: 776727) and is authorized to represent MFM, a licensed Mortgage Lender/Servicer (Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (616) 538.1818 | NMLS ID: 149532). For licensing information, please visit www.nmlsconsumeraccess.org. Equal Housing Opportunity.
