phySICIAN hOME LOAN lenders in your state.
All of the loan officers listed are highly recommended Physician Loan Officers and industry leaders that specialize in working with Physician Mortgage Loans ONLY.
Physician Loans florida
Fifth Third Bank: Click here for Program Features and Loan Officer Contact Information
Available in the following states: OH, WI, MO, IL, IN, KY, MI, TN, GA, FL, NC, SC, WV
Opes Advisors:Click here for Program Features and Loan Officer Contact Information
Available in the following states: (All 50 States)
BBVA: Click here for Program Features and Loan Officer Contact Information
Available in Florida State.
Please use the form below and we’ll let a Physician Loans USA Specialist know that you are looking for more information.
Full List of Banks offering a physician Loan Program:
National Lender 1 :Click here for Program Features and Loan Officer Contact Information
Available in the following states: (ALL 50 STATES)
Opes Advisors:Click here for Program Features and Loan Officer Contact Information
Available in the following states: (All 50 States)
Fifth Third Bank: Click here for Program Features and Loan Officer Contact Information
Available in the following states: WI, MO, IL, IN, OH, KY, MI, TN, GA, FL, NC, SC, WV
Regions Bank:Click here for Program Features and Loan Officer Contact Information
Available in the following states: TX, IA, MO, AR, LA, IL, IN, KY, TN, MS, AL, GA, FL, VA, NC, SC, LA
Citizens Bank:Click here for Program Features and Loan Officer Contact Information
Available in the following states: CT, DC, DE, IL, IN, KY, MA, MD, ME, MI, NC, NH, NJ, NY, OH, PA, RI, SC, TN, VA, VT, and WV
Cross County Mortgage:Click here for Program Features and Loan Officer Contact Information
Available in the following states: OH, IN, MI, WV, KY, & PA
BBVA Compass Bank:Click here for Program Features and Loan Officer Contact Information
Available in the following states: AL, AR, AZ, CA, CO, FL, GA, ID, KS, LA, MA, NM, NV, OH, OK, OR, PA, TN, TX, VA, and WA.
Suntrust Bank:Click here for Program Features and Loan Officer Contact Information
Available in the following states: AL, AR, DE, FL, GA, MD, MS, NC, SC, TN, VA, WV and DC; and parts of PA
Physician Home Loan Experts in Fort Lauderdale
A Doctor Mortgage Loan Product is a portfolio loan product in which the bank or institution making the loan provides credit to physicians to buy a home at the start of their career. This enables the bank making the loan to determine its own underwriting guidelines and risk threshold. This ensures liberal guidelines for physicians than it would for any other profession.
A Physician Mortgage Loan Program or a Doctor Mortgage Loan Program comprises a wide variety of home loan solutions that have been customized around the financial goals of the physicians/ doctors. It is a well-known fact that conventional loans in the USA have many strict guidelines to adhere to with very low chances of approval. The invention of Doctor Loan Program in Fort Lauderdale is very significant in the current times due to the same reason. Apart from the various benefits that it provides, it is a significant advantage for the physicians to buy a home considering they have a high paying stable job. Almost all leading banks these days are providing physician mortgage loans in Fort Lauderdale without resorting to any tricks to get more business out of the doctors.
Benefits of Doctor Loan Programs in Fort Lauderdale-
1. Physician Mortgage Loans in Fort Lauderdale provides higher loan limits depending on the country and on the institution that is making the physician loan. Despite which it still has a higher loan limit than any conventional loan amounting between $ 850k to $1.5 million.
2. Doctor Loan Programs gives physicians inFort Lauderdale the access to finance with little to no money down and also no required private mortgage insurance (PMI).
3. Physician Mortgage Loans in Fort Lauderdale holds a higher chance of approval for the new in practice physicians because a physician loan is a good option for doctors who are having trouble putting together cash for a down payment.
4. Leading Physician Mortgages in Fort Lauderdale offer extremely low down payment of 0-5% and finance 90-100% of the loan value in most cases.
5. Another unique and vital fact about the doctor mortgage loans in Fort Lauderdale is that student loan payments that are in delay for a year or longer don’t influence the decision of whether the borrower qualifies for the mortgage or not.
6. It allows flexibility for a self-employed physician regarding proof of income to qualify with as little as a six-month history of income, enabling them to buy a home almost two years earlier with a doctor loan than a conventional loan.
7. PhysicianLenders have the highest interest rate but again, keep into consideration many benefits for physicians especially the ones early in their career.
8. Some leading physician mortgages in Fort Lauderdale even allow physicians to use gift money for a down payment or closing costs.
Doctor mortgage loans in Fort Lauderdale are designed to help upcoming and established doctors secure a mortgage because many doctors have significant debt due to their student loans. The idea is to help doctors with high potential earnings to get qualified for a mortgage based on their potential earnings. Physician Lenders, therefore, help these doctors secure a loan and buy their first home with ease.
One more intangible benefit of the physician home loan may be the people who are helping you with the loan, the Physician Home Loan Experts. We are in the business of administering physician home loans and are more likely to understand the unique situations and circumstances of physicians. We assure you that your process and your experience moving through the loan is going to be better with us as we specializein this field and hence are a pro at it!