Physician Home Loan Peoria Arizona

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 purchasing a new home in Peoria Arizona, our vetted loan officers have a strong understanding of the local area real estate market and what it really requires to secure your physician home mortgage with efficiency and expertise.

Our loan officers in Peoria Arizona offer special financing for doctors, just like you.

First, let’s talk about why physician mortgage loans even exist. The reason is that doctors are extremely 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 fewer terms than their competitors.

Physician Home Loan Experts In Peoria Arizona

If you are looking for a physician home loan in Peoria Arizona then you came to the right place.

You’ve trained very hard to become a doctor and purchasing home really 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 loan!

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

We understand the financial demands of your student loan financial debt, and how crucial it is to preserve working capital for when the time is right with embarking upon your career. Whether or not 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 doctors in Peoria Arizona may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or very little to no work history.

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

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

Advantages of Physician Home Loans

  • Typically does not include student loan monthly payments in debt-to-income percentage.
  • Requires very low to no down payment (0-5 percent).
  • Usually does not require private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will accept an agreement as proof of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

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

Should You Put Cash Down?

Suppose you have some money to put down or are looking at delaying until you have the cash?

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

In most instances, you’ll get your mortgage loan paid off sooner and save thousands on interest rates too.

Furthermore, don’t overlook that having equity in your house will likely provide more security and flexibility, specifically if something unexpected happens. With the 100% financed physician home mortgage loan, you ought to expect to start out under water. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially large check for up to 10% of the purchase price simply to get out of the home.

No matter if you are relocating down the street, across town or across the country, we are here to help you all throughout the physician home mortgage process:: because you deserve it!

Doctors, get the home of your dreams with our Peoria Arizona physician home loan program!

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

  • Physician Loan Delaware
  • Home Mortgage For Physicians In Bayonne New Jersey
  • Physician Mortgage Coral Springs Florida
  • Physician Loan Maine
  • Physician Loan Ohio
  • Home Mortgage For Physician Hickory North Carolina
  • Physician Loan In Avondale Arizona
  • Physician Loan Hawaii
  • Physician Home Loan Program In Cedar Rapids Iowa
  • Physician Mortgage Huntsville Alabama