Regardless of whether you are a first time home buyer or buying a new home in Yonkers New York, our vetted loan officers have a strong understanding of the local area real estate industry and what it really takes to close your physician home mortgage with competency and know-how.
Our loan officers in Yonkers New York provide special financing for doctors, exactly like you.
First, let’s discuss why physician mortgage loans even exist. The reason is that doctors are really 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 terms than their competitions.
If you are searching for a physician loan in Yonkers New York then you came to the right place.
You’ve worked very hard to become a doctor and buying 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 mortgage!
A physician mortgage is a special loan program put together just for doctors in the home purchasing process.
We recognize the budgetary demands of your student loan financial debt, and how vital 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 depend on us to find a home loan that is specifically tailored for your needs.
Many doctors in Yonkers New York 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 reasons smart financial institutions know that doctors are a good choice because they traditionally have an extremely low default rate on loans, high earning potential and secure jobs.
Not all mortgage lenders offer this specialized product and within banking institutions that do simply talking with the right mortgage loan officer makes a remarkable difference.
Purchasing a house doesn’t have to empty your savings and the process doesn’t have to drain your time.
What if you have some money to put down or are considering waiting until you have the funds?
Our loan providers can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most cases, 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 provide more security and flexibility, especially if something unexpected happens. With the 100% financed physician mortgage loan, you should anticipate to begin under water. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for as much as 10% of the purchase price simply to get out of the house.
Regardless of whether you are moving down the road, across town or across the country, we are available to assist you throughout the physician home mortgage process:: because you deserve it!
Doctors, get the house of your dreams with our Yonkers New York physician loan program!
Less than an hour ago, doctors just like you requested a loan from the locations listed below.