Physician Home Loan Program In Eau Claire Wisconsin

Whether our clients are a first time home buyer or purchasing a new home in Eau Claire Wisconsin, our vetted loan officers have a solid understanding of the local area real estate market and what it takes to secure your physician mortgage with proficiency and know-how.

Our loan officers in Eau Claire Wisconsin provide exclusive financing for doctors, like you.

To start with, let’s discuss why physician mortgage loans even exist. The main reason is that doctors are extremely profitable customers for lending 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 fewer number of requirements than their competitors.

Physician Loan Experts In Eau Claire Wisconsin

If you are searching for a physician home loan in Eau Claire Wisconsin then you came to the perfect 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 mortgage!

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

We recognize the financial demands of your student loan financial debt, and how essential it is to preserve working capital for when the time is right with launching your career. No matter if you are a couple years into practice, or a well established doctor, you can rely on us to find a mortgage loan that is specially tailored for your needs.

A large number of doctors in Eau Claire Wisconsin 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 factors smart financial institutions know that doctors are a good bet because they typically have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banking institutions that do simply talking to the best home loan officer makes a significant difference.

Advantages of Physician Home Mortgage Loans

  • Generally does not include student loan regular monthly payments in debt-to-income percentage.
  • Requires small to no down payment (0-5 percent).
  • Usually does not necessitate private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will accept an agreement as evidence of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Cash Down?

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

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

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

Additionally, don’t forget that having equity in your house will most likely offer greater security and overall flexibility, especially if something unforeseen happens. With the 100% financed physician mortgage loan, you should anticipate 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 big check for up to 10% of the purchase price simply to get out of the home.

Whether you are relocating down the road, across town or across the country, we are right here to lend a hand you all throughout the physician home mortgage process:: because you deserve it!

Doctors, get the house of your dreams with our Eau Claire Wisconsin physician home loan program!

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

  • Physician Loan New Hampshire
  • Home Mortgage For Physician St Joseph Missouri
  • Physician Loan In Plymouth Minnesota
  • Physician Loan In Youngstown Ohio
  • Physician Loan Minnesota
  • Physician Home Loan Wilkes Barre Pennsylvania
  • Physician Mortgage In Hammond Indiana
  • Physician Loan In Chicago Illinois
  • Physician Home Loan Arlington Heights Illinois
  • Home Mortgage For Physicians In Rochester Minnesota