Physician Loan In Burlington North Carolina

Regardless of whether our clients are a first time home buyer or purchasing a new home in Burlington North Carolina, our vetted loan officers have a strong understanding of the local real estate industry and what it requires to close your physician home loan with proficiency and expertise.

Our loan officers in Burlington North Carolina offer specialized financing for doctors, exactly like you.

To start with, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are extremely 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 loaning them more money with a lot fewer stipulations than their competitors.

Physician Loan Experts In Burlington North Carolina

If you are looking for a physician mortgage in Burlington North Carolina then you came to the right place.

You’ve worked 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 specifically for doctors?

Yup, doctors get their own home loan!

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

We understand the financial demands of your student loan debt, and how crucial it is to maintain working capital for when the time is right with launching your career. Regardless 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 specially tailored for your needs.

Quite a few physicians in Burlington North Carolina may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or minimal to no work history.

Despite these reasons smart financial institutions know that doctors are a good bet considering that they typically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.

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

Advantages of Physician Home Loans

  • Usually 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 approve a contract as documentation of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

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

Should You Put Cash Down?

Suppose you have some cash to put down or are looking at waiting until you have the funds?

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

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

Furthermore, don’t forget that having equity in your house will most likely provide more security and flexibility, specifically if something unforeseen happens. With the 100% financed physician home mortgage loan, you ought to anticipate to begin underwater. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the home.

Regardless of whether you’re relocating down the street, across town or across the country, we are here to lend a hand you through the physician home loan process:: because you deserve it!

Doctors, get the house of your dreams with our Burlington North Carolina physician home loan program!

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

  • Physician Loan In Bakersfield California
  • Physician Mortgage In Trenton New Jersey
  • Physician Mortgage Des Moines Iowa
  • Physician Mortgage In Greensboro North Carolina
  • Physician Loan In Broken Arrow Oklahoma
  • Physician Mortgage Grand Prairie Texas
  • Physician Mortgage In Phenix City Alabama
  • Physician Loan In Los Angeles California
  • Physician Home Loan Program Nashville Tennessee
  • Physician Mortgage Lakewood Ohio