Stephen Morrison
“An industry-leading Medical Professional Loan Program — no PMI, flexible underwriting, and a true commitment to serving physicians, dentists, and veterinarians nationwide.”
All states except Maryland
About Stephen Morrison
Stephen has been providing mortgage services to a wide variety of clients for the last 30 years. Stephen has funded over $2 billion in mortgage loans and has thousands of satisfied clients that he has worked closely with to help them achieve their financial goals. His mission is to carefully guide you through the entire loan process so that you can make educated decisions about the variety of mortgage options available. He doesn’t think of his clients as transactions, he thinks of them as clients for life and treats them as such. Stephen also specializes in jumbo financing for affluent clients. Working for a true portfolio lender, he understands and enjoys working with the labyrinthine and sophisticated transactions that most banks shy away from.
For the last 13 years Stephen has dedicated his focus to Medical Professional Loans that includes Residents, Fellows, Practicing Physicians (MD, DO, DPM), Dentists (DDS, DMD), Oral Surgeons, and Veterinarians. With the Medical Professional Loan being his team’s specialty, they understand your challenging schedule.
Stephen has been married to his wife Stephanie for over 26 years and has 2 children that he enjoys traveling, sailing, and fishing with.
About the Alliant Credit Union Physician Loan
Alliant Credit Union has created an industry leading Medical Professional Loan Program available in all states except Maryland. The program combines no PMI, flexible underwriting for residents and fellows, and competitive financing tiers up to $2 million — built around the real-world financial picture of medical professionals at every stage of their career.
Eligible Medical Designations
DO
DDS
DMD
DPM
DVM
Residents
Fellows
No limit on time elapsed since completion of training. Student loan debt omitted from qualifying ratios if deferred at least 12 months, or income-based repayment schedule used if not deferred.
Physician Loan Financing Tiers
700+ Credit Score — Primary Residence
Available Loan Products
ARMs offer a fixed rate for the initial period then adjust to a 6-month ARM. Rate and payment may adjust bi-annually based on the 30-day average SOFR plus a margin of 2.75 percentage points, with a 5% lifetime cap.
Key Program Details
Alliant Credit Union NMLS#: 197185. Rates, terms, and conditions are subject to change. Mortgages available in all states except Maryland. Loan approval, interest rate, and down payment required based on creditworthiness, amount financed, and ability to repay. Rates can vary based on risk factors which include but are not limited to LTV, credit score, and debt to income ratio.
