Nurse next door program income limits

Nurse Next Door Program^® Benefits: *

• Purchase ANY home on the market

• GRANTS up to $8,000.00

• Down Payment Assistance up to $15,000.00

• Home loans for nurses and healthcare workers

• Simple Docs Program™

• NO application fees

• NO up-front fees

• Dedicated Buyers Agent

• Preferred interest ra

  Nurse Next Door Program^®

  Looking to Purchase a Home?

  Nurse Next Door^® can help!

  Nurse Next Door is a home buying program for nurses and healthcare workers, and is part of Next Door Programs, the largest national home buying program in the United States. This program offers home buying grants for nurses and healthcare employees, and down payment assistance, along with other crucial benefits.

  ALL healthcare professionals including, but not limited to, nurses, doctors, medical staff, support staff and ALL other healthcare employees are eligible for the Nurse Next Door Program. Grant amounts have increased up to $8,000.00. You may also be eligible for additional down payment assistance for nurses and healthcare professionals.

  APPLY NOW

  Introduction to Nurse Next Door^® Video

  Who is eligible?

  • Nurses (RN, LPN, NP)

  • Respiratory Therapists

  • CNA's

  • Doctors

  • Medical Assistants

  • Medical Staffs

  • Specialists

  • Orthodontists

  • Endoscopy / Radiology Techs

  • Lab Techs

  • Chiropractors

  • Dentists

  • Veterinarians

  • Hospital Employees

  • Pharmacist

  • ALL Healthcare Employees

  Nurse Next Door Program^® Benefits: *

  • Purchase

    Nurse Next Door
    Debt-to-Income Ratio

    Understanding Debt-to-Income Ratios

    A debt-to-income (DTI) ratio is a key formula that lenders use to determine how much of your income can be dedicated to your monthly home loan payment after covering all other monthly debts. It helps lenders assess your ability to manage additional debt responsibly.

    What is the Qualifying Debt-to-Income Ratio for Nurse Next Door?

    While the Nurse Next Door Program does not set qualifying ratios, mortgage loans generally obey federal guidelines. Here's a speedy breakdown:

    • Conventional Loans: Typically call for a DTI ratio of 28/36.
    • FHA Loans: Often allow a higher debt load, with a DTI ratio of 29/41.

    
    

    How to Study the Ratios

    The first number in a qualifying ratio represents the maximum percentage of your gross monthly income that can go toward housing costs. These costs include principal, interest, PMI, homeowners insurance, property taxes, and HOA dues.

    The second number represents the percentage of your gross monthly income that can go toward total debt, including housing expenses, credit cards, car loans, child support, and other recurring obligations.

    Examples

    Let'
    
    

    First Time Home Buyer Programs and Grants for
    Nurse and Healthcare Workers

    First Time Home Buyers Program

    for Nurse and Healthcare Workers

    If you're a nurse or healthcare worker and haven’t owned a home in the last three years, you qualify for the Nurse Next Door^® First-Time Home Buyer Program. This unique program allows you to purchase ANY home on the market, and you could also be eligible for the Nurse Next Door Grant, as well as additional grants and down payment assistance. Our Nurse Next Door Program Specialists will explore your eligibility for these benefits and help you access state-specific grant programs, where available, that provide extra financial support.

    APPLY NOW

    Introduction to Nurse Next Door^®

    Who is eligible?

    • Nurses (RN, LPN, NP)
    • Respiratory Therapists
    • CNA's
    • Doctors
    • Medical Assistants
    • Medical Staffs
    • Specialists
    • Orthodontists
    • Endoscopy / Radiology Techs
    • Lab Techs
    • Chiropractors
    • Dentists
    • Veterinarians
    • Hospital Employees
    • Pharmacist
    • ALL Healthcare Employees

    First-Time Buyer Benefits for Nurses and Healthcare Workers: *

    • NO application fees / NO up-front fees
    • Easy application process and up-front pre

      What is Nurse Next Door^®?

      The Nurse Next Door Programs^® was designed to increase home ownership among nurses and other healthcare workers, support community development and increase access to affordable housing free from discrimination. The program is intended to eliminate confusion by streamlining the home loan and home buying process and by matching the individual with the best program available, based upon the specific needs of the program participant and their family. Your Nurse Next Door agent will help you locate the perfect home and negotiate the lowest price possible. Our team will handle all the purchase, finance and closing paperwork for you.

      What programs are available?

      For home purchases, there are many different federal, state, and local programs available to Nurse Next Door Program^® participants, including the Nurse Next Door programs grant, the State Housing Initiative Program (SHIP), Keystone Challenge Fund, USDA Rural Program, and other specific programs available through HUD, FHA, VA, USDA, Fannie Mae, and other local agencies. In addition, the Nurse Next Door grants may be combined with our matrix of other national and st