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Updated over 2 years ago, 07/08/2022
Physician Mortgage Loan for investing a property?
Hey Everyone, this is my second post and still only a month into learning about REI.
The question I have is, can a Physician Mortgage Loan be used towards an investment property? Or will the lender only typically distribute it if it used for one's residence? I was wondering because it has a low down payment but seems to not require a PMI. Wasn't sure if this would affect the bank's decision where the loan would go towards. Thanks!