Regardless of whether our clients are a first time home buyer or purchasing a new home in Woodbury Minnesota, our vetted loan officers have a solid understanding of the local real estate market and what it really takes to close your physician mortgage with proficiency and expertise.
Our loan officers in Woodbury Minnesota provide special financing for doctors, just like you.
To start with, let’s talk about why physician mortgage loans even exist. The main reason is that doctors are extremely profitable clients 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 lending them more money with fewer requirements than their competitors.
If you are looking for a physician mortgage loan in Woodbury Minnesota then you came to the perfect place.
You’ve worked very hard to become a doctor and buying 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 only for doctors?
Yup, doctors get their own mortgage!
A physician home mortgage is a specialized loan program made just for doctors in the home purchasing process.
We recognize the budgetary demands of your student loan financial debt, and how important it is to preserve working capital for when the time is right with starting your career. Whether 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.
A lot of physicians in Woodbury Minnesota may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or little to no work history.
Despite these factors smart lending institutions know that doctors are a good bet due to the fact that they generally have an exceptionally low default rate on loans, high earning potential and secure jobs.
Not all financial institutions offer this specialized product and within banks that do just simply talking with the best home loan officer makes a significant difference.
Buying a home doesn’t need to empty your savings and the process doesn’t need to drain your time.
What if you have some funds to put down or are considering waiting until you have the money?
Our mortgage lenders can do the math for you and show you what each situation looks like and the advantages of each too.
In most situations, you’ll get your home mortgage paid off earlier and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your home will definitely provide more security and flexibility, especially if something unplanned happens. With the 100% financed physician mortgage loan, you ought to expect to start out underwater. If something doesn’t work out and you are forced to sell quickly, you should be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the home.
No matter if you’re relocating down the road, across town or across the country, we are available to work with you all throughout the physician home loan process:: because you deserve it!
Doctors, get the house of your dreams with our Woodbury Minnesota physician home mortgage program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.