Physician Home Loan Program Germantown Tennessee

Whether our clients are a first time home buyer or buying a new home in Germantown Tennessee, our vetted loan officers have a strong understanding of the local area real estate market and what it really requires to secure your physician mortgage with efficiency and expertise.

Our loan officers in Germantown Tennessee offer exclusive financing for doctors, just like you.

First, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are very 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 lock in early career doctors by loaning them more money with a lot fewer stipulations than their competitors.

Physician Home Mortgage Experts In Germantown Tennessee

If you are looking for a physician loan in Germantown Tennessee then you came to the right place.

You’ve worked very hard to become a doctor and buying home really should not be nearly as challenging.

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 loan is a special loan program created just for doctors in the home buying process.

We understand the personal financial demands of your student loan liability, and how vital 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 home loan that is exclusively tailored for your needs.

A lot of physicians in Germantown Tennessee may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or little to no work history.

Despite these reasons smart loan providers know that doctors are a good bet considering that they historically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.

Not all banks offer this specialized product and within banking institutions that do simply talking to the right mortgage officer makes a remarkable difference.

Advantages of Physician Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income percentage.
  • Requires small to no down payment (0-5 percent).
  • Typically does not necessitate private mortgage insurance (PMI), even when 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.

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

Should You Put Money Down?

What if you have some cash to put down or are looking at delaying until you have the money?

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

In most circumstances, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest rates too.

Furthermore, don’t forget that having equity in your house will offer more security and overall flexibility, especially if something unexpected happens. With the 100% financed physician home mortgage loan, you ought to expect to start out under water. 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.

No matter if you’re relocating down the road, across town or across the country, we are right here to work with you all throughout the physician home loan process:: because you deserve it!

Doctors, get the house of your dreams with our Germantown Tennessee physician home mortgage program!

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

  • Physician Home Loan Program In Brooklyn Park Minnesota
  • Physician Home Loan Program In Thornton Colorado
  • Physician Mortgage Parma Ohio
  • Physician Mortgage In Lubbock Texas
  • Physician Home Loan Flagstaff Arizona
  • Physician Loan In Houston Texas
  • Home Mortgage For Physician Wyoming Michigan
  • Physician Mortgage Lakewood Ohio
  • Physician Loan In Albany Oregon
  • Physician Mortgage St Louis Missouri