The Doctors Advantage 7/1 ARM Mortgage from People Driven Credit Union is explicitly designed for licensed medical professionals in Michigan. With lower initial rates than a fixed mortgage, and up to 100% financing, it offers an affordable path to homeownership, especially during the early years of your career or while managing student loan debt.
Membership and eligibility requirements apply, with approval subject to application, credit, and property considerations.
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Apply Online
Apply for your Adjustable Rate Mortgage online.
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Get a Quote
Get your personalized rate quote for an Adjustable Rate Mortgage with PDCU.
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Talk to an Expert
Discuss our programs, your current application, or the priority of your application with Michelle Dzon.
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Explore a Fixed Mortgage
Learn about PDCFU's Doctors Advantage Fixed Mortgage for Michigan’s Medical Professionals.
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
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
What Is a 7/1 ARM?
A 7/1 Adjustable-Rate Mortgage (ARM) offers an initial interest rate for the first seven years of the loan, followed by annual adjustments based on market conditions. This makes it a great option for borrowers planning to move, upgrade, or refinance within a few years.
Why Choose the Doctors Advantage 7/1 ARM?
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Up to 100% financing available – No down payment required for qualified borrowers (CLTV/HCLTV up to 100%)
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No Private Mortgage Insurance (PMI)
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7/1 ARM structure – Enjoy a lower initial interest rate for the first 7 years, then adjust annually
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No Loan-Level Price Adjustments (LLPAs) – Interest rate not increased based on common risk-based factors
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Premium pricing and buydown options allowed
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Loan amounts up to $1,000,000 (may vary by borrower qualifications and property type)
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Minimum credit score: 740
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Maximum debt-to-income ratio: 40%
Who’s Eligible?
To qualify, you must have at least two years of experience in one of the following licensed medical fields:
- Doctors 🩺
- Dentists 🦷
- Pharmacists 💊
- Veterinarians 🐾
- Anesthesiologists 💉
- Nurses 👩⚕️ or 👨⚕️
- First responders 🚑
This mortgage is available throughout Michigan and can be used to purchase a primary residence, second home, or investment property.
Let’s Get You Home
Whether you’re fresh out of residency or established in your field, the Doctors Advantage 7/1 ARM Mortgage gives you the flexibility and support you need to move forward with confidence. Let’s talk about how to get started.
Contact us today to speak with our lending expert:
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
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
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.
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