Regardless of whether you are a first time home buyer or purchasing a new home in Norfolk Virginia, our vetted loan officers have a solid understanding of the local real estate industry and what it requires to close your physician home mortgage with competency and expertise.
Our loan officers in Norfolk Virginia provide specialized financing for doctors, exactly like you.
First, let’s discuss why physician mortgage loans even exist. The main reason is that doctors are really 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 lending them more money with a lot fewer requirements than their competitions.
If you are trying to find a physician home loan in Norfolk Virginia then you came to the perfect 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 just for doctors?
Yup, doctors get their own home loan!
A physician mortgage is a customized loan program put together just for doctors in the home buying process.
We recognize the economic demands of your student loan financial debt, and how essential it is to preserve working capital for when the time is right with starting your career. No matter if you are a couple years into practice, or a well established doctor, you can depend on us to find a home loan that is exclusively tailored for your needs.
Many physicians in Norfolk Virginia 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 loan providers know that doctors are a good bet considering that they generally have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.
Not all financial institutions offer this specialized product and within banks that do just simply talking to the right mortgage loan officer makes a tremendous difference.
Buying a home doesn’t need to drain your savings and the process doesn’t have to drain your time.
Suppose you have some money to put down or are looking at waiting until you have the funds?
Our lenders can do the math for you and show you what each scenario looks like and the advantages of each too.
In most cases, you’ll get your home loan paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your home will definitely offer more security and flexibility, particularly if something unanticipated happens. With the 100% financed physician mortgage loan, you should anticipate to start out underwater. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially large check for up to 10% of the purchase price just to get out of the house.
Regardless of whether you’re relocating down the street, across town or across the country, we are available to help you throughout the physician home loan process:: because you deserve it!
Doctors, get the home of your dreams with our Norfolk Virginia physician loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.