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Nurse Homebuyers

Are you a first-time homebuyer?

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Home Loan Programs for Nurses

No Down Payment

Down payment assistance programs can help nurses buy sooner with little or no money down.

Less Than Perfect Credit

Nurses with less-than-perfect credit may qualify using FHA loan options. Home loans can start with as little as 3% down for conventional loans or 3.5% for FHA.

Best Fit

Your credit, payment, and savings determine which programs are the right fit for you. Programs with no income restrictions.

We Know Nurses

We understand the challenges nurses face when qualifying for a home—from shift differentials to 1099 income and travel contracts. We can help.

How it works

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1

Choose your best option

It all starts here by choosing the best option that fits your home purchase plan.

2

Compare down payment options

We will provide you an easy to follow estimate with loan program, closing cost assistance, interest rate, monthly payment and cash to close.

3

Painless pre-approval*

Once you know your options you will be invited to submit an application to start the pre-approval* process.

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*Pre-approval is not a commitment to lend.

Frequently asked questions

Q: How does a nurse qualify for a homebuying program?
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Buyers must have qualifying income, meet at least 620 credit score and occupy as primary residence. Ask our loan officer for additional qualifications.

Q: What does down payment assistance mean?
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We can provide you with up to 5% assistance to pay for down payment and closing costs. For example, 5% of a $300,000 purchase price would give you $15,000 for down payment and/or closing costs. Additionally, the seller can contribute up to 6% towards closing costs as well.

Q: Does this program have income limits?
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Our down payment assistance does not have income limits, even if you have additional income, such as a second job or spousal income.

Q: What kind of loan program is used with down payment assistance programs?
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We currently offer an FHA loan. FHA loan limits apply by county.

Q: How can I get a lower rate?
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Depending on your scenario, the best rate is typically determined by a higher credit score and a larger down payment. We can provide you with options and let you determine which is best for you.

Q: What is the first step to take advantage of any program?
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Start with “START HERE” answer the questions, connect with our senior loan officer and we will create your options.

Get started in minutes

Speed matters. Which is why you can get information today. Without affecting your credit score.

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Won’t affect your credit score.

* By entering your information and clicking “Submit”, "Let's Get Started", or "Apply Now" you are authorizing Luminate Bank to contact you, using the information you provided above. We may call, email or text you and Message and Data Rates may apply. You can STOP messaging by sending STOP and get more help by sending HELP. We may use automated dialing systems and prerecorded voice messaging in connection with calls or texts. This permission applies even if you are on a company, state or national Do Not Call Registry. You may opt-out of receiving these communications at any time. This consent is not requirement to obtain a loan. You may choose not to submit and contact us directly by our phone number listed. Our commitment to privacy can be found in our Privacy Policy.