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Graduate with a mountain of med school debt? Treat yourself to something nice such as an up to $800,000 home, helicopter pad optional. Learn more in this 20 minute podcast…
- How to take advantage of currently available home loan programs for doctors.
- Finance up to $800,000 with as little as 5% down (current market rates 9/23/2015)
- Purchase in residency prior to making big bucks.
- Loan programs that do not consider short term student loan debt.
- Obtaining a 12 month forbearance on student loan payments
- Loan programs for foreign national doctors
- Obtaining a pre-qual letter to get your offer accepted before other buyers.
- How to make the most of your time when shopping for a home loan.
- Basic nuts and bolts on lending: Debt to Income and Loan to Value.
- And more..
Quick Tips from Ian
Financing a home after medical school can be difficult. Doctors go to school for longer than most people and can incur large amounts of student loan debt. This debt can restrict their options in obtaining home loans through traditional financing programs that factor in debt to income ratios. Special programs exist JUST FOR DOCTORS taking this into account. These programs allow newly graduated doctors with high medical school debt to obtain financing during residency.
Note Brannon Group at Nova, Brokers loans This means they shop the loan for you saving you a great deal of time and stress while getting you a better loan than you would obtain on your own.
Sites Referenced in Podcast
- Brannon Group Website (http://www.novahomeloans.com/brannon-group/) visit this website to apply with no obligation or cost to you for a home loan.
More information
You can follow up with Ian directly at (520) 577-4761 if you have any specific questions. Or go a head and fill out a loan application at NovaHomeLoans.com/Brannon-Group/ and Ian’s team will follow up with you.
