Physician Home Loan Program Seattle Washington

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 Seattle Washington, our vetted loan officers have a solid understanding of the local real estate industry and what it takes to close your physician mortgage with proficiency and expertise.

Our loan officers in Seattle Washington provide special financing for doctors, like you.

First off, let’s discuss why physician mortgage loans even exist. The main reason is that doctors are very profitable clients for lenders. 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 a fewer number of requirements than their competitions.

Physician Mortgage Experts In Seattle Washington

If you are searching for a physician mortgage loan in Seattle Washington then you came to the perfect place.

You’ve trained 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 only for doctors?

Yup, doctors get their own mortgage!

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

We are aware of the personal financial demands of your student loan financial debt, and how vital it is to preserve working capital for when the time is right with starting your career. Whether you are a couple years into practice, or a well established doctor, you can count on us to find a mortgage loan that is exclusively tailored for your needs.

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

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

Not all financial institutions offer this specialized product and within banking institutions that do just simply talking to the right mortgage loan officer makes an enormous difference.

Advantages of Physician Home Mortgage Loans

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

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

Should You Put Money Down?

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

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

In most cases, you’ll get your home mortgage paid off earlier and save thousands on interest rates too.

Furthermore, don’t forget that having equity in your house will likely provide greater security and flexibility, particularly if something unanticipated happens. With the 100% financed physician home mortgage loan, you should expect to begin under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price just to get out of the house.

Regardless of whether you’re moving down the road, across town or across the country, we are available to help you throughout the physician home loan process:: because you deserve it!

Doctors, get the home of your dreams with our Seattle Washington physician home loan program!

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

  • Physician Home Loan Program In Sumter South Carolina
  • Physician Loan Nebraska
  • Physician Home Loan Program In Durham North Carolina
  • Physician Home Loan Program Fort Wayne Indiana
  • Home Mortgage For Physicians In Euclid Ohio
  • Physician Loan Minnesota
  • Physician Mortgage In Noblesville Indiana
  • Physician Mortgage In Pueblo Colorado
  • Home Mortgage For Physician Gilbert Arizona
  • Physician Mortgage In Johnson City Tennessee