Hey! We are relocating to NY in June for residency and are having a hard time finding a "doctors loan" with no asset requirement, no mortgage insurance and 0% down. We have friends that have gotten one but those banks no longer offer it. Any advice?
Hey! We are relocating to NY in June for residency and are having a hard time finding a "doctors loan" with no asset requirement, no mortgage insurance and 0% down. We have friends that have gotten one but those banks no longer offer it. Any advice?
I think there are at least 2 banks that can help you in AZ. Compass and CityWide. www.physicianbanks.com does a great job of breaking down the available lenders by state. Check them out!
Is that your site Michael?
I am a fan of the information available and the direction the site is going. I would have LOVED to get the nod on your list.
Congratulations to all the 4th year medical students that received their match! Im sure you all are very excited to move on to the next phase of your career. Should you plan to purchase a home, we (Regions Bank) offer our Physician/Dentist mortgage program in the following states:
AL, AR, FL, GA, IA, IL, IN, KY, LA, MS, MO, NC, SC, TN, TX, and VA
We understand that buying a home may be a great decision for many, but not all. We are happy to walk you through the steps to help with your decision. Based on recent data, the principal and interest payment of a mortgage in many areas is 60 -80% of the rental payment for a class A apartment!
I wish you all much success!
-Chris