Physician Loan In Bartlett Tennessee

Regardless if our clients are a first time home buyer or buying a new home in Bartlett Tennessee, our vetted loan officers have a strong understanding of the local area real estate industry and what it requires to close your physician home mortgage with competency and know-how.

Our loan officers in Bartlett Tennessee provide exclusive financing for doctors, just like you.

First, let’s discuss why physician mortgage loans even exist. The main reason is that doctors are extremely 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 far fewer stipulations than their competitors.

Physician Mortgage Experts In Bartlett Tennessee

If you are searching for a physician home loan in Bartlett Tennessee then you came to the right place.

You’ve worked very hard to become a doctor and purchasing home shouldn’t 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 customized loan program created just for doctors in the home purchasing process.

We understand the economic demands of your student loan debt, and how important it is to maintain working capital for when the time is right with launching your career. Whether you are a couple years into practice, or a well established doctor, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.

A large number of physicians in Bartlett Tennessee 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 choice because they generally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banking institutions that do simply speaking with the best mortgage loan officer makes a significant difference.

Advantages of Physician 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), even if lower than 20 percent down payment.
  • Will accept an agreement as proof 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?

Suppose you have some money to put down or are thinking about delaying until you have the funds?

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

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

Furthermore, don’t overlook that having equity in your house will most likely provide greater security and overall flexibility, especially if something unplanned happens. With the 100% financed physician mortgage loan, you should expect to start out underwater. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the home.

Whether you are relocating down the street, across town or across the country, we are available to help you throughout the physician home mortgage process:: because you deserve it!

Doctors, get the house of your dreams with our Bartlett Tennessee physician home loan program!

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

  • Physician Mortgage In Pueblo Colorado
  • Physician Home Loan Novi Michigan
  • Home Mortgage For Physician Scranton Pennsylvania
  • Home Mortgage For Physician Hagerstown Maryland
  • Physician Loan In Auburn Alabama
  • Physician Home Loan Renton Washington
  • Home Mortgage For Physicians In Cape Coral Florida
  • Physician Mortgage In Lexington Kentucky
  • Physician Home Loan Program In Redmond Washington
  • Physician Mortgage Milford Connecticut