Physician Mortgage Kent Washington

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

Our loan officers in Kent Washington provide specialized financing for doctors, just like you.

First off, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are really profitable clients for lenders. 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 far fewer terms than their competitors.

Physician Home Mortgage Experts In Kent Washington

If you are trying to find a physician mortgage loan in Kent Washington then you came to the right place.

You’ve trained 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 home mortgage is a customized 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 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 home loan that is specially tailored for your needs.

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

Despite these factors smart loan providers know that doctors are a good choice because they historically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.

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

Benefits of Physician Home Mortgage Loans

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

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

Should You Put Cash Down?

What if you have some money to put down or are considering delaying until you have the money?

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

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

Furthermore, don’t overlook that having equity in your house will definitely provide more security and overall flexibility, especially if something unplanned happens. With the 100% financed physician mortgage loan, you should expect to begin under water. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the house.

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

Doctors, get the home of your dreams with our Kent Washington physician loan program!

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

  • Physician Mortgage Minneapolis Minnesota
  • Physician Loan In Clearwater Florida
  • Home Mortgage For Physician Lansing Michigan
  • Home Mortgage For Physician Elyria Ohio
  • Home Mortgage For Physicians In Cicero Illinois
  • Physician Home Loan Stockton California
  • Home Mortgage For Physicians In Edmond Oklahoma
  • Physician Loan Alabama
  • Physician Loan In Bakersfield California
  • Physician Mortgage Sammamish Washington