Whether or not you are a first time home buyer or purchasing a new home in Scranton Pennsylvania, our vetted loan officers have a strong understanding of the local real estate market and what it requires to secure your physician loan with proficiency and know-how.
Our loan officers in Scranton Pennsylvania offer exclusive financing for doctors, like you.
First, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are very profitable clients for lenders. They take out big loans early in their careers and almost always pay them off. Lenders use physician home loans to secure early career doctors by lending them more money with a lot fewer requirements than their competitors.
If you are trying to find a physician mortgage in Scranton Pennsylvania then you came to the right place.
You’ve worked very hard to become a doctor and purchasing home 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 loan!
A physician home loan is a specialized loan program put together just for doctors in the home purchasing process.
We understand the personal financial demands of your student loan financial debt, and how vital it is to maintain working capital for when the time is right with launching your career. Whether you are a couple years into practice, or a well established doctor, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.
Many doctors in Scranton Pennsylvania may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.
Despite these factors smart financial 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 mortgage lenders offer this specialized product and within banking institutions that do simply talking to the best mortgage officer makes a remarkable difference.
Purchasing a house doesn’t need to drain your savings and the process doesn’t have to drain your time.
What if you have some money to put down or are looking at delaying until you have the funds?
Our lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most situations, you’ll get your home mortgage paid off sooner and save thousands on interest too.
Additionally, don’t forget that having equity in your house will most likely provide more security and flexibility, specifically if something unplanned happens. With the 100% financed physician 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 large check for as much as 10% of the purchase price simply to get out of the house.
No matter if you are moving down the street, across town or across the country, we are here to assist you all throughout the physician home mortgage process:: because you deserve it!
Doctors, get the home of your dreams with our Scranton Pennsylvania physician home mortgage program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.