Regardless if our clients are a first time home buyer or purchasing a new home in Champaign Illinois, our vetted loan officers have a strong understanding of the local area real estate industry and what it requires to secure your physician mortgage with efficiency and expertise.
Our loan officers in Champaign Illinois offer special financing for doctors, exactly like you.
First and foremost, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are very profitable customers 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 requirements than their competitions.
If you are searching for a physician loan in Champaign Illinois then you came to the perfect place.
You’ve worked very hard to become a doctor and purchasing home 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 loan is a special loan program created just for doctors in the home buying process.
We are aware of the financial demands of your student loan financial obligation, and how crucial it is to preserve working capital for when the time is right with starting 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 home loan that is specifically tailored for your needs.
A lot of physicians in Champaign Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.
Despite these factors smart lending institutions know that doctors are a good choice considering 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 just simply consulting with the best mortgage loan officer makes an enormous difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
Suppose you have some money to put down or are looking at delaying until you have the money?
Our lenders can do the math for you and show you what each scenario looks like and the advantages of each too.
In most cases, you’ll get your mortgage paid off earlier and save thousands on interest rates too.
Additionally, don’t forget that having equity in your home will likely offer greater security and overall flexibility, particularly 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 are forced to sell quickly, you should be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the house.
No matter if you are relocating 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 Champaign Illinois physician loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.
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