Physician Mortgage Rockville Maryland

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

Our loan officers in Rockville Maryland provide specialized financing for doctors, like you.

First off, let’s discuss why physician mortgage loans even exist. The reason is that doctors are extremely profitable clients 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 fewer number of terms than their competitions.

Physician Home Mortgage Experts In Rockville Maryland

If you are searching for a physician loan in Rockville Maryland then you came to the right place.

You’ve trained very hard to become a doctor and purchasing 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 mortgage!

A physician home mortgage is a special loan program designed just for doctors in the home purchasing process.

We are aware of the budgetary demands of your student loan debt, and how crucial it is to maintain working capital for when the time is right with launching your career. Whether or not you are a couple years into practice, or a well established doctor, you can rely on us to find a home loan that is exclusively tailored for your needs.

Many doctors in Rockville Maryland may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.

Despite these reasons smart financial institutions know that doctors are a good choice considering that they typically have an incredibly low default rate on loans, high earning potential and secure jobs.

Not all banks offer this specialized product and within banking institutions that do just simply speaking to the right home loan officer makes an enormous difference.

Advantages of Physician Mortgage Loans

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

Purchasing a house doesn’t need to drain your savings and the process doesn’t have to drain your time.

Should You Put Cash Down?

What if you have some funds to put down or are looking at delaying until you have the cash?

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

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

Furthermore, don’t forget that having equity in your house will definitely provide greater security and flexibility, especially if something unexpected happens. With the 100% financed physician mortgage loan, you ought to expect to begin under water. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the house.

Regardless of whether you are relocating down the street, across town or across the country, we are right here to assist you through the physician home loan process:: because you deserve it!

Doctors, get the home of your dreams with our Rockville Maryland physician loan program!

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

  • Physician Mortgage In Champaign Illinois
  • Physician Mortgage Harrisonburg Virginia
  • Physician Mortgage In Tulsa Oklahoma
  • Physician Loan In Charleston South Carolina
  • Physician Home Loan Program Fremont California
  • Home Mortgage For Physicians In Cape Coral Florida
  • Home Mortgage For Physicians In Lorain Ohio
  • Physician Loan In Houston Texas
  • Physician Home Loan Federal Way Washington
  • Physician Home Loan Weymouth Town Massachusetts