Whether you are a first time home buyer or buying a new home in New Bedford Massachusetts, our vetted loan officers have a strong understanding of the local real estate industry and what it requires to close your physician home mortgage with efficiency and expertise.
Our loan officers in New Bedford Massachusetts provide specialized financing for doctors, like you.
First, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really profitable customers for lending institutions. They take out big loans early in their careers and almost always pay them off. Lenders use physician home loans to lock in early career doctors by loaning them more money with a fewer number of terms than their competitors.
If you are searching for a physician mortgage in New Bedford Massachusetts then you came to the perfect place.
You’ve trained very hard to become a doctor and purchasing home shouldn’t 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 home loan is a special loan program put together just for doctors in the home purchasing process.
We recognize the financial demands of your student loan liability, and how vital it is to maintain working capital for when the time is right with launching your career. Whether or not you are a couple years into practice, or a well established doctor, you can depend on us to find a home loan that is specifically tailored for your needs.
A lot of physicians in New Bedford Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.
Despite these reasons smart lenders know that doctors are a good choice considering that they historically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.
Not all lenders offer this specialized product and within banking institutions that do simply speaking with the right home loan officer makes a significant difference.
Buying a house doesn’t need to drain your savings and the process doesn’t need to drain your time.
What if you have some funds to put down or are thinking about waiting until you have the cash?
Our lenders can do the math for you and show you what each situation looks like and the advantages of each too.
In most instances, you’ll get your home loan paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t overlook that having equity in your home will definitely provide greater security and overall flexibility, particularly if something unanticipated happens. With the 100% financed physician home mortgage loan, you ought to anticipate to begin underwater. If something doesn’t work out and you are forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the home.
Whether you are moving down the road, across town or across the country, we are right here to help you throughout the physician home loan process:: because you deserve it!
Doctors, get the house of your dreams with our New Bedford Massachusetts physician home loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.
© Moving Street. All rights reserved.
