Physician Loan In Blue Springs Missouri

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 Blue Springs Missouri, our vetted loan officers have a solid understanding of the local area real estate industry and what it really requires to close your physician home mortgage with competency and expertise.

Our loan officers in Blue Springs Missouri offer specialized financing for doctors, like you.

First, let’s talk about 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 lending them more money with far fewer terms than their competitors.

Physician Home Mortgage Experts In Blue Springs Missouri

If you are looking for a physician mortgage in Blue Springs Missouri then you came to the perfect place.

You’ve worked 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 only for doctors?

Yup, doctors get their own loan!

A physician loan is a specialty loan program created just for doctors in the home purchasing process.

We understand the personal financial demands of your student loan financial debt, and how vital it is to preserve working capital for when the time is right with embarking upon your career. No matter if you are a couple years into practice, or a well established doctor, you can count on us to find a mortgage loan that is specifically tailored for your needs.

A lot of physicians in Blue Springs Missouri may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or minimal to no work history.

Despite these factors smart lending institutions know that doctors are a good choice because they historically have an extremely low default rate on loans, high earning potential and stable jobs.

Not all banks offer this specialized product and within banks that do just simply talking with the best mortgage loan officer makes a significant difference.

Advantages of Physician Home Loans

  • Typically does not include student loan monthly payments in debt-to-income ratio.
  • Requires very low to no down payment (0-5 percent).
  • Typically does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will accept a contract as evidence of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

Purchasing a house doesn’t need to drain your savings and the process doesn’t have to drain your time.

Should You Put Money Down?

What if you have some funds to put down or are thinking about delaying until you have the money?

Our mortgage lenders can do the math for you and show you what each circumstance looks like and the benefits 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 forget that having equity in your house will definitely provide more security and overall flexibility, especially if something unforeseen happens. With the 100% financed physician home mortgage loan, you ought to expect to start out under water. If something doesn’t work out and you are 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.

Whether you are moving down the road, across town or across the country, we are available to lend a hand you through the physician home mortgage process:: because you deserve it!

Doctors, get the house of your dreams with our Blue Springs Missouri physician loan program!

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

  • Home Mortgage For Physician Springfield Illinois
  • Home Mortgage For Physician Richmond Virginia
  • Physician Home Loan Program In Columbia Missouri
  • Physician Loan In Lake Oswego Oregon
  • Home Mortgage For Physician Memphis Tennessee
  • Physician Loan In Lynn Massachusetts
  • Physician Home Loan Program In Fontana California
  • Physician Home Loan Program Suffolk Virginia
  • Physician Loan Arkansas
  • Physician Home Loan Program In Lawton Oklahoma