Physician Mortgage In Chesterfield Missouri

Preferred Physician Loan Officer

Doug Crouse
NMLS# 363861
Mobile: (816) 728-3631
Email: doug.crouse@umb.com
Website: www.DoctorLoanExpert.com

Purchase Loans

  • 100% financing up to 750k
  • 95% LTV from 750k – 1.25mil
  • 90% LTV from 1.25 mil to 2 mil
  • Over 2 mil on a case by case basis

Available for Primary & Secondary Residences

  • Professional loan includes: physicians, dentists, attorneys, optometrists, veterinarians, and doctors of pharmacy
  • Available in 47 states
  • No mortgage insurance required
  • 15 and 30 year Fixed Rates available
  • Minimum credit score of 700 required
  • Maximum debt ratios and 3 months reserves apply
  • Close up to 60 days prior to start date with signed contract
  • Student loan payments deferred 12+ months are excluded
  • No limit on years out of training

I began doing mortgages in 1999 and I have done 100’s of mortgage loans for doctor families over the years. Being married to a doctor myself for the past 15 years I have a first hand perspective on the contracts, student loans, and the unique needs and circumstances your family faces.

Get Your Physician Loan Rates Now by Completing the Form Below.

Whether or not our clients are a first time home buyer or purchasing a new home in Chesterfield Missouri, our vetted loan officers have a solid understanding of the local real estate market and what it really requires to close your physician loan with proficiency and expertise.

Our loan officers in Chesterfield Missouri provide exclusive financing for doctors, like you.

To start with, let’s talk about why physician mortgage loans even exist. The reason is that doctors are very 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 a lot fewer requirements than their competitions.

Physician Loan Experts In Chesterfield Missouri

If you are looking for a physician mortgage loan in Chesterfield Missouri then you came to the right place.

You’ve worked very hard to become a doctor and buying 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 specifically for doctors?

Yup, doctors get their own loan!

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

We recognize the budgetary demands of your student loan financial debt, and how important it is to maintain working capital for when the time is right with embarking upon your career. Regardless if you are a couple years into practice, or a well established doctor, you can count on us to find a mortgage loan that is specifically tailored for your needs.

A lot of doctors in Chesterfield Missouri may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or little to no work history.

Despite these factors smart loan providers know that doctors are a good choice due to the fact that they typically have an incredibly low nonpayment rate on loans, high earning potential and secure jobs.

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

Advantages of Physician Mortgage Loans

  • Typically does not include student loan regular monthly payments in debt-to-income percentage.
  • Requires very low to no down payment (0-5 percent).
  • Often does not necessitate 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, which don’t yet exist.

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

Should You Put Cash Down?

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

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

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

Furthermore, don’t overlook that having equity in your home will offer greater security and flexibility, especially if something unplanned happens. With the 100% financed physician mortgage loan, you should expect to begin underwater. If something does not 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 road, across town or across the country, we are here to assist you through the physician home mortgage process:: because you deserve it!

Doctors, get the house of your dreams with our Chesterfield Missouri physician home mortgage program!

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

  • Physician Home Loan Westminster Colorado
  • Physician Home Loan Program In Clifton New Jersey
  • Physician Loan West Virginia
  • Physician Mortgage In Surprise Arizona
  • Physician Mortgage In Bossier City Louisiana
  • Physician Home Loan Program In Springfield Ohio
  • Physician Home Loan Program In Alpharetta Georgia
  • Physician Mortgage In Urbandale Iowa
  • Home Mortgage For Physicians In Covington Kentucky
  • Physician Loan In Annapolis Maryland