Physician Mortgage In Dallas Texas

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.

Regardless of whether you are a first time home buyer or purchasing a new home in Dallas Texas, our vetted loan officers have a solid understanding of the local area real estate market and what it really takes to close your physician loan with competency and know-how.

Our loan officers in Dallas Texas offer exclusive financing for doctors, exactly like you.

To start with, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are very profitable clients 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 a fewer number of requirements than their competitions.

Physician Home Loan Experts In Dallas Texas

If you are looking for a physician loan in Dallas Texas then you came to the perfect place.

You’ve trained very hard to become a doctor and buying home shouldn’t 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 specifically for doctors?

Yup, doctors get their own loan!

A physician home loan is a specialty loan program developed just for doctors in the home buying process.

We recognize the personal financial demands of your student loan liability, and how essential it is to maintain 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 specially tailored for your needs.

Quite a few physicians in Dallas Texas may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or little to no work history.

Despite these factors smart lending institutions know that doctors are a good bet because they typically have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply talking to the right mortgage officer makes a remarkable difference.

Benefits of Physician Home Loans

  • Generally does not include student loan monthly payments in debt-to-income percentage.
  • Requires very low to no down payment (0-5 percent).
  • Often does not require private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Will accept a contract as proof of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Cash Down?

What if you have some cash to put down or are considering delaying until you have the funds?

Our loan providers can do the math for you and show you what each circumstance looks like and the benefits of each too.

In most cases, you’ll get your home loan paid off sooner and save thousands on interest too.

Additionally, don’t overlook that having equity in your home will most likely offer more security and flexibility, particularly if something unplanned 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’re forced to sell quickly, you should be prepared to write a potentially sizable check for up to 10% of the purchase price just to get out of the home.

Regardless of whether you are moving down the street, across town or across the country, we are here to work with you through the physician home loan process:: because you deserve it!

Doctors, get the house of your dreams with our Dallas Texas physician home loan program!

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

  • Physician Mortgage Chapel Hill North Carolina
  • Physician Home Loan Program In Union City New Jersey
  • Physician Mortgage In Newark Ohio
  • Home Mortgage For Physicians In Palm Bay Florida
  • Physician Home Loan Fond du Lac Wisconsin
  • Physician Home Loan Program In Norfolk Virginia
  • Home Mortgage For Physician Tinley Park Illinois
  • Home Mortgage For Physician Hoover Alabama
  • Physician Mortgage Des Moines Iowa
  • Home Mortgage For Physician Sacramento California