New Wells Fargo Doctor loan program. Available for Doctors only on Monday, Dec. 5, 2011. It is a Non-conforming Doctor Program that provides financing for the purchase of a Primary Residence by medical doctors who have completed their medical residency within the most recent 36 months. The program allows less for restrictive credit policies, in an effort to build long-term relationships with Wells Fargo. No mortgage insurance required up to 89.9% ltv.
This could certainly be a push for the San Luis Obispo real estate market.