Physician Mortgage Loan
Автор: PhysicianMortgage
Загружено: 2022-11-04
Просмотров: 1951
Описание:
What Makes A Physician Loan Special?
There are FIVE unique ways that make physician home loans the most practical choice.
Low or Zero Down Payment 0-10% is typical
No Private Mortgage Insurance(PMI) saving you up to 1% annually. That is a $10,000 per year savings on a 1 million dollar home.
Student loan debt not counted against you. This allows you to qualify for a nicer home.
Higher loan limits up to 5 million are available typically at the same rate
Ability to close 90 days prior to new employment beginning. Moving is stressful enough without starting a new job. Why move twice or pay huge premiums for long-term housing.
BUT what do the banks get out of this?….
A future high income earning client
Some banks require you to have a checking or savings account with them
Rate and fees on these loans can be slightly higher than loans that require 20% down and years in the current employment position.
https://physicianmortgage.net/
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