Physician Home Loan Program Fremont California

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 if you are a first time home buyer or purchasing a new home in Fremont California, our vetted loan officers have a solid understanding of the local real estate industry and what it takes to close your physician mortgage with efficiency and know-how.

Our loan officers in Fremont California offer exclusive financing for doctors, like you.

First and foremost, let’s talk about why physician mortgage loans even exist. The 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 lending them more money with a fewer number of stipulations than their competitions.

Physician Home Loan Experts In Fremont California

If you are searching for a physician mortgage in Fremont California then you came to the perfect place.

You’ve worked 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 only for doctors?

Yup, doctors get their own loan!

A physician loan is a specialized loan program made just for doctors in the home purchasing process.

We recognize the economic demands of your student loan financial obligation, and how important it is to maintain working capital for when the time is right with starting your career. Regardless if you are a couple years into practice, or a well established doctor, you can rely on us to find a home loan that is specially tailored for your needs.

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

Despite these factors smart financial institutions know that doctors are a good choice due to the fact that they generally 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 just simply consulting with the right mortgage loan officer makes an enormous difference.

Benefits of Physician Home Mortgage Loans

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

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

Should You Put Money Down?

Suppose you have some funds to put down or are thinking about waiting until you have the cash?

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

Additionally, don’t forget that having equity in your house will provide greater security and flexibility, specifically if something unanticipated happens. With the 100% financed physician home mortgage loan, you should expect to start out under water. If something doesn’t 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’re moving down the street, across town or across the country, we are right here to lend a hand you throughout the physician home loan process:: because you deserve it!

Doctors, get the house of your dreams with our Fremont California physician home mortgage program!

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

  • Physician Home Loan Cleveland Tennessee
  • Home Mortgage For Physicians In Sayreville New Jersey
  • Home Mortgage For Physician Littleton Colorado
  • Physician Home Loan Program Fort Wayne Indiana
  • Physician Mortgage Greenfield Wisconsin
  • Home Mortgage For Physician Middletown Connecticut
  • Physician Home Loan Program In Broomfield Colorado
  • Home Mortgage For Physicians In Spokane Washington
  • Physician Home Loan Mansfield Ohio
  • Physician Loan In Lynn Massachusetts