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 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.
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 Mortgagemichelle.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 a fixed 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 fixed 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%
Applications accepted beginning July 22, 2025. Program availability is subject to change without notice. Mortgage insurance may be required based on borrower qualifications. Program terms and eligibility subject to underwriting approval.
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 Mortgagemichelle.dzon@memberfirstmortgage.com
616-301-1714 | NMLS ID: #401292 | People Driven Credit Union NMLS ID: #776727
Disclosures
Equal Housing Lender. Member First Mortgage, LLC NMLS ID# 149532.
All loans are subject to credit approval. Terms and conditions apply. Mortgage insurance may be required based on borrower qualifications. Program availability is subject to change without notice.
*Rates may vary, and payment may increase after consummation.
*Available on all purchase or refinance applications for a primary residence using a conventional 7/1 or 10/10 ARM loan product with People Driven Credit Union. This is not a commitment to lend. All lending products are subject to credit and property approval. Additional restrictions may apply. Refinancing an existing mortgage loan may result in higher total finance charges over the life of the loan. Rate may increase after consummation.
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