Physician Home Loan Kettering Ohio

Whether or not you are a first time home buyer or buying a new home in Kettering Ohio, our vetted loan officers have a strong understanding of the local area real estate industry and what it really takes to close your physician home mortgage with proficiency and expertise.

Our loan officers in Kettering Ohio provide specialized financing for doctors, exactly like you.

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

Physician Loan Experts In Kettering Ohio

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

You’ve trained very hard to become a doctor and buying 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 home loan is a special loan program put together just for doctors in the home purchasing process.

We understand the personal financial demands of your student loan liability, and how important it is to maintain 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.

Many doctors in Kettering Ohio 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 generally have an incredibly low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply consulting with the right mortgage loan officer makes a tremendous difference.

Advantages of Physician Home Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Often does not call for private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will approve a contract as evidence of future earnings, in lieu of pay stubs or W-2s, that 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 Money Down?

Suppose you have some cash 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 scenario looks like and the benefits of each too.

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

Additionally, don’t forget that having equity in your house will likely offer more security and overall flexibility, especially if something unexpected happens. With the 100% financed physician mortgage loan, you should anticipate to begin under water. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially large check for up to 10% of the purchase price just to get out of the home.

Regardless of whether you’re moving down the road, across town or across the country, we are right here to assist you throughout the physician home mortgage process:: because you deserve it!

Doctors, get the house of your dreams with our Kettering Ohio physician home mortgage program!

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

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