Physician Mortgage

The "Doctor Loan" is a unique mortgage with benefits for medical doctors with an MD, DO, DDS, DMD or DPM degree. This is a great loan for doctors regardless of whether they are just out of medical school, in residency or physicians who have been in practice for many years.

Some benefits of the Physician Mortgage are:

• 100% Financing -- No Money Down
• No PMI -- Lower Monthly Payments
• No Pre-Payment Penalty
• Flexible loan programs -- 3/1, 5/1, 7/1 & 30/15 Fixed
• Move in up to 60 days prior to starting your next position

Physicians with high credit scores have a very low risk of default on residential mortgages even if they have high debt, higher ratios, few assets and/or buy a home with little to no money down. They are in a very unique position in that loans to doctors are among the lowest rate of default over any other occupation. This loan takes into consideration future salaries and high amounts of student loans.

If you are a doctor interested in finding out more about the Physician Mortgage, Contact Teresa today for help in financing and finding your ideal home.