Neil J. Surgenor
Mobile: (212) 933-9900
Eligible Borrowers: Medical Resident (Educational License), Medical Doctor (MD), Doctor of Dental Surgery (DDS), Doctor of Dental Medicine (DMD), Doctor of Optometry (OD), Doctor of Ophthalmology (MD), Doctor of Podiatric Medicine (DPM), Doctor of Osteopathy (DO), Nurse Anesthetist, Nurse Practitioner, Clinical Nurse Specialist, Veterinarian, Attorneys, CPAs, and ATP Airline Pilots.
This Products available only on 5-1 and 7-1 adjustable rate mortgages; no fixed rates. (* many other programs available with fixed rates please call to see which program suits you)
I am a senior lending manager for Flagstar Bank, a $16.9 billion savings and loan holding company headquartered in Troy, Mich. Flagstar provides commercial, small business, and consumer banking services through 99 branches in the state. It provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 90 retail locations in 29 states, representing the combined retail branches of Flagstar and Opes Advisors mortgage division.
I possess extensive tenure in the mortgage industry as well as the financial markets, having been a top producer nationwide for the past 20 years. After a successful career on Wall Street, I now focus my efforts on helping families navigate the mortgage marketplace. I draw on my experiences, and am truly able to advise my clients on financing that fits their overall financial profile, not just their immediate mortgage needs.
Whether our clients are a first time home buyer or buying a new home in Utica New York, our vetted loan officers have a solid understanding of the local area real estate market and what it takes to close your physician home mortgage with competency and know-how.
Our loan officers in Utica New York offer specialized financing for doctors, just like you.
First, let’s discuss why physician mortgage loans even exist. The reason is that doctors are very 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 far fewer requirements than their competition.
If you are searching for a physician loan in Utica New York then you came to the right place.
You’ve worked very hard to become a doctor and purchasing home shouldn’t 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 loan is a specialty loan program put together just for doctors in the home buying process.
We are aware of the personal financial demands of your student loan financial obligation, and how important it is to maintain 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 count on us to find a home loan that is specifically tailored for your needs.
Quite a few doctors in Utica New York may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or little to no work history.
Despite these reasons smart financial institutions know that doctors are a good choice because they historically have an extremely 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 speaking to the right mortgage loan officer makes a remarkable difference.
Purchasing a home doesn’t need to drain your savings and the process doesn’t need to drain your time.
Suppose you have some money to put down or are considering waiting until you have the cash?
Our loan providers can do the math for you and show you what each scenario looks like and the advantages of each too.
In most situations, you’ll get your home mortgage paid off sooner and save thousands of dollars on interest rates too.
Furthermore, don’t forget that having equity in your home will definitely offer more security and flexibility, especially if something unexpected happens. With the 100% financed physician home mortgage loan, you should expect to begin under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable check for up to 10% of the purchase price simply to get out of the home.
Whether you’re relocating down the street, across town or across the country, we are available to help you throughout the physician home mortgage process:: because you deserve it!
Doctors, get the home of your dreams with our Utica New York physician home loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.