Home Mortgage For Physician Dayton Ohio

Benefits of a Physician Loan

  • Zero or Low Down Payment 0-10% is typical.
  • No Private Mortgage Insurance(PMI) saving you up to 1% annually. That is a $10,000 per year savings on a 1 million dollar home.
  • Student loan debt not counted against you. This allows you to qualify for a nicer home.
  • Higher loan limits up to 2 million are available typically at the same rate.
  • Ability to close 90 days prior to new employment beginning. Moving is stressful enough without starting a new job. Why move twice or pay huge premiums for long term housing.
Get Your Physician Loan Rates Now by Completing the Form Below.

Please complete the reCAPTCHA.

Your application has been received! We will be in touch with you shortly.

Whether or not our clients are a first time home buyer or buying a new home in Dayton Ohio, our vetted loan officers have a strong understanding of the local real estate industry and what it takes to close your physician home mortgage with proficiency and expertise.

Our loan officers in Dayton Ohio offer special financing for doctors, exactly like you.

First and foremost, let’s discuss why physician mortgage loans even exist. The reason is that doctors are very profitable clients for lenders. 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 far fewer terms than their competitors.

Physician Mortgage Experts In Dayton Ohio

If you are trying to find a physician mortgage in Dayton Ohio 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 home loan!

A physician home mortgage is a special loan program designed just for doctors in the home purchasing process.

We understand the economic demands of your student loan debt, 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 rely on us to find a mortgage loan that is specifically tailored for your needs.

A large number of doctors in Dayton Ohio may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.

Despite these factors smart lending institutions know that doctors are a good bet due to the fact 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 banks that do just simply talking to the right mortgage loan officer makes a significant difference.

Advantages of Physician Home Loans

  • Typically does not include student loan regular monthly payments in debt-to-income ratio.
  • Requires small to no down payment (0-5 percent).
  • Usually does not necessitate private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Will accept an agreement as evidence of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

Buying a home doesn’t need to drain your savings and the process doesn’t need to drain your time.

Should You Put Money Down?

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 circumstance looks like and the advantages of each too.

In most situations, you’ll get your mortgage paid off sooner and save thousands of dollars on interest rates too.

Additionally, don’t forget that having equity in your home will most likely provide more security and overall flexibility, particularly if something unanticipated happens. With the 100% financed physician home mortgage loan, you should expect to start out underwater. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the home.

No matter if you are moving down the road, across town or across the country, we are available to assist you through the physician home loan process:: because you deserve it!

Doctors, get the home of your dreams with our Dayton Ohio physician loan program!

Less than an hour ago, doctors just like you requested a loan from the locations listed below.

  • Physician Loan In Shreveport Louisiana
  • Home Mortgage For Physician Memphis Tennessee
  • Physician Home Loan Cleveland Tennessee
  • Home Mortgage For Physicians In Cicero Illinois
  • Physician Home Loan Program Commerce City Colorado
  • Physician Mortgage Hillsboro Oregon
  • Home Mortgage For Physician Centennial Colorado
  • Physician Home Loan Danville Virginia
  • Physician Mortgage In Hamilton Ohio
  • Physician Loan In Philadelphia Pennsylvania