Regardless if you are a first time home buyer or buying a new home in Lawrence Massachusetts, our vetted loan officers have a strong understanding of the local area real estate market and what it really takes to secure your physician mortgage with proficiency and know-how.
Our loan officers in Lawrence Massachusetts provide exclusive financing for doctors, exactly like you.
First off, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really profitable clients for financial institutions. They take out big loans early in their careers and almost always pay them off. Lenders use physician home loans to secure early career doctors by lending them more money with far fewer requirements than their competition.
If you are searching for a physician mortgage in Lawrence Massachusetts then you came to the right place.
You’ve trained very hard to become a doctor and buying home really should not be nearly as difficult.
Did you know there is a special loan that makes it easy for doctors to buy a home?
A home loan specifically for doctors?
Yup, doctors get their own mortgage!
A physician loan is a specialized loan program developed just for doctors in the home purchasing process.
We are aware of the financial demands of your student loan liability, and how important it is to preserve working capital for when the time is right with launching your career. Whether you are a couple years into practice, or a well established doctor, you can rely on us to find a home loan that is specifically tailored for your needs.
A large number of doctors in Lawrence Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or little to no work history.
Despite these reasons smart lenders know that doctors are a good bet due to the fact that they historically have an exceptionally low default rate on loans, high earning potential and secure jobs.
Not all banks offer this specialized product and within banks that do simply speaking to the right mortgage officer makes a tremendous difference.
Buying a home doesn’t need to empty your savings and the process doesn’t have to drain your time.
What if you have some funds to put down or are looking at waiting until you have the funds?
Our mortgage lenders can do the math for you and show you what each scenario looks like and the benefits of each too.
In most circumstances, you’ll get your home mortgage paid off sooner and save thousands of dollars on interest rates too.
Furthermore, don’t forget that having equity in your home will most likely offer more security and flexibility, specifically if something unforeseen happens. With the 100% financed physician home mortgage loan, you ought to expect to begin under water. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially sizable check for up to 10% of the purchase price simply to get out of the home.
Regardless of whether you’re relocating down the street, across town or across the country, we are right here to lend a hand you throughout the physician home loan process:: because you deserve it!
Doctors, get the house of your dreams with our Lawrence Massachusetts physician loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.