Doctor Loan Program through 5/3 Mortgage

Fifth Third Mortgage recognizes the special financial and time management needs of physicians today. Our DOCTOR LOAN PROGRAM provides New and Established Doctors with targeted benefits and simple solutions to meet your home financing needs.

The Benefits:


A dedicated Mortgage Loan Originator can meet with you when and where works best within your busy schedule


We have an extensive understanding of the Healthcare and Residency process


Fixed and Adjustable Rate Loans with No Private Mortgage Insurance required*

Residents, Fellows and New Physicians

• Are you currently in residency or set to begin new residency within 90 days of the closing date OR scheduled to complete medical residency/fellowship and under contract to work within 90 days of the closing date OR have commenced work within the last 12 months with a hospital or physician group?

You may be able to get financing up to 100% of the home value on a new purchase, up to $500,000 or 95% up to $1 million

Established Physicians

• Are you a licensed doctor who has been employed as a non-Intern/ Resident/Fellow for at least 12 months by a hospital or physician group?

You may be able to get financing up to 100% of the home value on a new purchase. Or refinance a 95% loan-to-value up to $650,000 – or 85% up to $1.5 million. 

Just like you, we are in the business of creating “Brighter Tomorrows”…… So give us a call today!

Michelle Stropes
office: 614-933-8653
cell: 614-832-7407
155 Main Street, New Albany, OH 43054
NMLS# 438937 

*Terms and conditions apply. The information contained is subject to change without notice. Loans are subject to credit review and approval. If the borrower can document that the student loan payment is deferred or is in forbearance for at least 12 months after closing, the student loan payment can be excluded from the Debt-to-Income calculation. Fifth Third Mortgage Company, 38 Fountain Square Plaza, Cincinnati, OH 45263 an Illinois Residential Mortgage Licensee. Fifth Third Mortgage is the trade name used by Fifth Third Mortgage Company and Fifth Third Mortgage-MI, LLC. Fifth Third and Fifth Third Bank are registered service marks of Fifth Third Bancorp. Member FDIC. Equal Housing Lender.

View PDF: Doctor Loan Program


Beautiful 1920’s 2.5 Story Brick. Loaded w/ orig. wdwrk & hrdwd flrs, bright & spacious rooms, dec. fireplace, eat-in kitchen w/ new ss appliances (gas range), 1st flr half bth, 3 generously sized br’s, spacious full bath, 3rd flr walk-up to large finishable attic, beautifully landscaped & priv backyard & much more.

View more details here.

We’re quoted! Columbus Underground | Local Experts Predict the Real Estate and Urban Development Trends of 2012

A new year brings about new change, and there’s no better place to look than across our urban landscape and into communities where people choose to live their lives in Central Ohio. We asked several local real estate and development experts for their opinions, insight and predictions about what 2012 will hold for urban development and the local real estate market. Here’s what they had to say:

The Big Real Estate Trends of 2012

Page 1: Overall Trends
Page 2: Downtown Columbus
Page 3: Apartment Craze
Page 4: Hot Neighborhoods

When we asked for anticipated trends of 2012, we quickly saw patterns emerge among the predictions of our local experts and consultants. Short sales, rental investments and urban amenities were the most prevalent.

“The tea leaves are showing several things”, says Thomas Fortin, an investment realtor and developer. “2011 will see lackluster sales of single family homes and condominiums priced over $250,000. There will be some moderate demand for select areas and price points under $200,000. There will also be increased demand for upscale residential rentals, yet further decline in deteriorating communities. And lastly, we’ll see more existing homeowners remodel to fit changing residential needs.”

To further understand what lies in store in 2012, a reflection of last year’s market is warranted.

“As the Columbus real estate market continues to readjust to a new normal, and while we’ve fared far better than most other Midwestern cities, the short sale will be the most significant trend in real estate in Columbus in 2012,” states Joe Peffer, broker in charge at Re/Max Town Center.

On Dec. 31, 2011, 14 percent of homes for sale in Columbus were listed as short sales, and Peffer expects that trend to continue into 2012. Additionally, 28 percent of the 839 homes listed as “in-contract” on Dec. 31 and in the process of closing in January were listed as short sales.

“That’s almost as many homes that sold as short sales the entire 2010 calendar year,” he explains. “In 2012, I predict that one out of every three Columbus homes will sell for less than what the home owners owe their lender.”

Todd DeHays, an agent with Connect Realty, says that more properties have made it through the sheriff sale process recently, which will be sold on the market as bank owned properties in 2012.

“The foreclosure supply should increase throughout the first half of 2012 due to the decreased supply in 2011 from the moratorium on foreclosures that was executed by lenders in 2010,” he explains. “Prepare to see some creative efforts on behalf of banks to sell or utilize their extra inventory in the form of lending incentives and possible use as rental property.”

Real estate investors looking to enter the rental investment market in Columbus will be able to easily do so in 2012 due to rising lease rates and the historically low interest rates on mortgages.

“The rental market stands out more to me from the last year because  it seemed like people were more desperate to find a rental and there was a lot more people looking for them,” says William Robbins of the Gledhill Robbins & Talis Group at Real Living HER. “The Columbus metro neighborhoods will continue to be desirable, for both renters and home buyers, for their historic qualities and easy accessibility to all Columbus destinations.”

Read the entire article

SOLD – 401 E Kossuth Street in Schumacher Place

57 Days on Market for 99% of List Price!

A unique opportunity for new construction living in a Historic neighborhood. This spectacular 1925 square foot German Village Area home leaves nothing to be desired, with an open floor plan, generously sized rooms and exceptional quality finishes throughout. New Construction by Fairfax Homes.