Whether you are a first time home buyer or buying a new home in Mississippi, our vetted loan officers have a solid understanding of the local area real estate industry and what it requires to close your physician home loan with competency and know-how.
Our loan officers in Mississippi offer exclusive financing for doctors, like you.
First and foremost, let’s talk about why physician mortgage loans even exist. The reason is that doctors are very profitable clients for financial institutions. They take out big loans early in their careers and almost always pay them off. Lenders use doctor loans to secure early career doctors by loaning them more money with a lot fewer terms than their competition.
If you are looking for a physician mortgage loan in Mississippi then you came to the perfect place.
You’ve trained very hard to become a doctor and buying home should not be nearly as challenging.
Did you know there is a special loan that makes it easy for physicians to buy a home?
A home loan just for doctors?
Yup, doctors get their own loan!
A physician home mortgage is a specialty loan program put together just for physicians in the home buying process.
We recognize the economic demands of your student loan debt, and how important it is to preserve working capital for when the time is right with embarking upon your career. No matter if you are a couple years into practice, or a well established physician, you can count on us to find a home loan that is specially tailored for your needs.
Quite a few physicians in Mississippi may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or minimal to no work history.
Despite these factors smart lending institutions know that doctors are a good choice considering that they typically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do simply talking to the best mortgage loan officer makes a significant difference.
Purchasing a house doesn’t need to empty your savings and the process doesn’t need to drain your time.
Suppose you have some funds 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 situations, you’ll get your mortgage paid off earlier and save thousands of dollars on interest rates too.
Furthermore, don’t overlook that having equity in your home will most likely provide greater security and flexibility, particularly if something unplanned 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 should be prepared to write a potentially big check for as much as 10% of the purchase price simply to get out of the home.
Whether you are moving down the road, across town or across the country, we are available to work with you throughout the physician home mortgage process:: because you deserve it!
Doctors, get the house of your dreams with our Mississippi physician home loan program!
Top cities in Mississippi for a physician loan.