Regardless of whether you are a first time home buyer or purchasing a new home in Pompano Beach Florida, our vetted loan officers have a strong understanding of the local real estate industry and what it really takes to secure your physician home loan with proficiency and know-how.
Our loan officers in Pompano Beach Florida provide specialized financing for doctors, just like you.
First, let’s discuss why physician mortgage loans even exist. The main reason is that doctors are really 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 fewer requirements than their competitions.
If you are looking for a physician mortgage loan in Pompano Beach Florida then you came to the right place.
You’ve worked 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 specifically for doctors?
Yup, doctors get their own loan!
A physician mortgage is a specialized loan program made just for doctors in the home buying process.
We are aware of the economic demands of your student loan financial debt, and how crucial it is to maintain working capital for when the time is right with embarking upon your career. Whether or not you are a couple years into practice, or a well established doctor, you can count on us to find a mortgage loan that is exclusively tailored for your needs.
Many doctors in Pompano Beach Florida may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or minimal 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 default rate on loans, high earning potential and stable jobs.
Not all lenders offer this specialized product and within banking institutions that do simply talking with the right mortgage officer makes a tremendous difference.
Buying a house doesn’t need to empty your savings and the process doesn’t need to drain your time.
Suppose you have some cash to put down or are looking at delaying until you have the money?
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 instances, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your house will provide more security and flexibility, particularly if something unplanned happens. With the 100% financed physician home mortgage loan, you should expect to start out under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially big check for as much as 10% of the purchase price simply to get out of the home.
Regardless of whether you are relocating down the road, across town or across the country, we are here to lend a hand you all throughout the physician home mortgage process:: because you deserve it!
Doctors, get the house of your dreams with our Pompano Beach Florida physician loan program!