Physician Home Loan Program In Kenner Louisiana

Whether you are a first time home buyer or purchasing a new home in Kenner Louisiana, our vetted loan officers have a strong understanding of the local area real estate market and what it takes to close your physician home loan with proficiency and know-how.

Our loan officers in Kenner Louisiana offer special financing for doctors, just like you.

To start with, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really profitable clients for financial 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 fewer number of terms than their competition.

Physician Home Mortgage Experts In Kenner Louisiana

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

You’ve trained very hard to become a doctor and purchasing 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 only for doctors?

Yup, doctors get their own home loan!

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

We understand the budgetary demands of your student loan liability, and how crucial 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 home loan that is specifically tailored for your needs.

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

Despite these factors smart lenders know that doctors are a good bet considering that they traditionally have an extremely low default rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banks that do just simply talking with the best mortgage loan officer makes a significant difference.

Advantages of Physician Home Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income ratio.
  • Requires low to no down payment (0-5 percent).
  • Generally does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will approve an agreement as evidence of future earnings, in lieu of pay stubs or W-2s, that don’t yet exist.

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

Should You Put Cash Down?

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

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

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

Additionally, don’t forget that having equity in your house will most likely provide more security and flexibility, especially if something unanticipated happens. With the 100% financed physician mortgage loan, you should anticipate to begin under water. If something doesn’t work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable 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 available to work with you all throughout the physician home loan process:: because you deserve it!

Doctors, get the house of your dreams with our Kenner Louisiana physician home loan program!

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

  • Physician Home Loan Greenville South Carolina
  • Physician Mortgage In Greensboro North Carolina
  • Physician Loan Delaware
  • Home Mortgage For Physicians In Springfield Massachusetts
  • Physician Home Loan Program In Indianapolis Indiana
  • Home Mortgage For Physician Passaic New Jersey
  • Physician Loan In Bakersfield California
  • Physician Mortgage Des Moines Iowa
  • Physician Home Loan Newton Massachusetts
  • Physician Loan In Kenosha Wisconsin