Regardless of whether our clients are a first time home buyer or buying a new home in Grand Prairie Texas, our vetted loan officers have a solid understanding of the local real estate market and what it requires to secure your physician home loan with competency and expertise.
Our loan officers in Grand Prairie Texas provide specialized financing for doctors, like you.
To start with, let’s talk about why physician mortgage loans even exist. The reason is that doctors are very 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 secure early career doctors by lending them more money with a fewer number of requirements than their competitors.
If you are searching for a physician loan in Grand Prairie Texas then you came to the perfect place.
You’ve trained very hard to become a doctor and purchasing home really should not be nearly as challenging.
Did you know there is a special loan that makes it easy for doctors to buy a home?
A home loan just for doctors?
Yup, doctors get their own loan!
A physician mortgage is a special loan program made just for doctors in the home buying process.
We understand the budgetary demands of your student loan debt, and how crucial 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 depend on us to find a mortgage loan that is specially tailored for your needs.
A large number of physicians in Grand Prairie Texas may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or little to no work history.
Despite these factors smart financial institutions know that doctors are a good choice due to the fact that they generally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banks that do simply consulting with the best mortgage officer makes a tremendous difference.
Buying a home doesn’t need to drain 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 cash?
Our loan providers can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most circumstances, you’ll get your mortgage paid off earlier and save thousands of dollars on interest too.
Furthermore, don’t overlook that having equity in your house will offer more security and overall flexibility, especially if something unanticipated happens. With the 100% financed physician mortgage loan, you should expect to begin underwater. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price simply to get out of the home.
No matter if you are relocating down the street, across town or across the country, we are right here to work with you throughout the physician home mortgage process:: because you deserve it!
Doctors, get the home of your dreams with our Grand Prairie Texas physician loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.