Regardless of whether our clients are a first time home buyer or purchasing a new home in Erie Pennsylvania, our vetted loan officers have a strong understanding of the local area real estate market and what it takes to secure your physician home loan with competency and know-how.
Our loan officers in Erie Pennsylvania provide special financing for doctors, like you.
To start with, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really profitable customers for financial 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 loaning them more money with far fewer terms than their competitors.
If you are searching for a physician loan in Erie Pennsylvania then you came to the perfect place.
You’ve trained very hard to become a doctor and buying 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 just for doctors?
Yup, doctors get their own mortgage!
A physician loan is a customized loan program developed just for doctors in the home purchasing process.
We recognize the budgetary demands of your student loan financial obligation, and how important 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 home loan that is exclusively tailored for your needs.
Quite a few doctors in Erie Pennsylvania may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or little to no work history.
Despite these factors smart loan providers know that doctors are a good choice considering that they traditionally have an extremely low default rate on loans, high earning potential and secure jobs.
Not all banks offer this specialized product and within banks that do simply talking with the best mortgage officer makes a remarkable difference.
Purchasing a home doesn’t need to drain your savings and the process doesn’t have to drain your time.
Suppose you have some money to put down or are thinking about delaying until you have the funds?
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 rates too.
Furthermore, don’t overlook that having equity in your home will definitely provide more security and flexibility, particularly if something unforeseen happens. With the 100% financed physician home mortgage loan, you should anticipate to begin underwater. If something doesn’t 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 simply to get out of the house.
No matter if you’re moving down the street, across town or across the country, we are here to assist you all throughout the physician home mortgage process:: because you deserve it!
Doctors, get the house of your dreams with our Erie Pennsylvania physician home mortgage program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.
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