Regardless of whether you are a first time home buyer or buying a new home in St Petersburg Florida, our vetted loan officers have a strong understanding of the local area real estate market and what it takes to close your physician home loan with efficiency and know-how.
Our loan officers in St Petersburg Florida offer special financing for doctors, exactly like you.
First off, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are extremely profitable customers for lenders. 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 requirements than their competitions.
If you are looking for a physician home loan in St Petersburg Florida 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 difficult.
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 mortgage is a specialty loan program developed just for doctors in the home buying process.
We are aware of the economic demands of your student loan financial obligation, and how essential 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 doctor, you can count on us to find a home loan that is specifically tailored for your needs.
Many doctors in St Petersburg Florida may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or very little to no work history.
Despite these factors smart financial institutions know that doctors are a good choice considering that they typically have an incredibly low nonpayment rate on loans, high earning potential and secure jobs.
Not all lenders offer this specialized product and within banking institutions that do just simply talking to the best mortgage officer makes an enormous difference.
Buying a home doesn’t have to empty your savings and the process doesn’t have to drain your time.
Suppose you have some money to put down or are thinking about delaying until you have the money?
Our loan providers can do the math for you and show you what each situation looks like and the benefits of each too.
In most situations, you’ll get your mortgage loan paid off sooner and save thousands on interest rates too.
Furthermore, don’t overlook that having equity in your house will most likely provide greater security and flexibility, especially if something unforeseen happens. With the 100% financed physician mortgage loan, you ought to anticipate to begin under water. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially sizable check for up to 10% of the purchase price just to get out of the house.
No matter if you are moving down the road, across town or across the country, we are available to work with you all throughout the physician home mortgage process:: because you deserve it!
Doctors, get the home of your dreams with our St Petersburg Florida physician home mortgage program!