New Orleans Mortgage Specialists for Physician Home Loans
Physicians Mortgage Loan is a highly skilled, and experienced licensed mortgage lender specializing in new home purchases and refinancing loans for New Doctors, Physicians, and Resident Doctors. We pride ourselves every day on providing flexible doctor loan options that are suitable for most budgets with credit scores starting at 670, unique to the mortgage banking industry, offering 100% mortgage financing up to 1.5 million dollars.
We have over twenty-nine years of mortgage banking industry experience, and we are a key source for New Orleans’ mortgage loan offerings designed for medical professionals like D.O.'s, DMD's, DPM's, DDS.'s, and M.D.'s. Our mortgage company has established the very best rates and services in the industry, all with a 98% successful closing rate that requires no PMI or pre-payment penalties.
Physicians Mortgage Loan specializes in doctor loans in all of Louisiana but especially in New Orleans home to many colleges and universities with No Down Payments and 100% financing on loans up to 1.5 million dollars, 5% down on loans up to 2 million dollars, and 10% down on loans up to 2.5 million dollars. Additionally, financial reserves are only needed for 2.5-million-dollar loans (18 months and maybe gifted). All of this is good news for New Orleans’ physicians looking for that special home in the downtown, lake waterfront or garden district areas which New Orleans is so popular for. There also are no concerns when it comes to credit repair and reports, because many physicians have had little time creating substantial credit.
It’s important to know that student loan debt is not included in a 90-day closing schedule which is designed for the start of a new doctor's career. Mortgage lenders typically do not consider student debt within a 90-day closing, especially designed for a new doctor's position scheduled to begin.
Our company also encourages and specializes in non-permanent resident aliens to apply for the right mortgage loan approval at a low-cost favorable rate. Physicians Mortgage Loan has a quick and easy loan process, making the experience as stress-free as possible.
New Orleans, Louisiana is one of the oldest and most beautiful cities in America and especially in the south. With it’s tremendous history, fabulous restaurants, exciting shopping opportunities, salty marsh waterways and lower coastal islands, physicians from all walks of life call this area home. It is also a wonderful place to work, teach or retire and our doctor loans are enjoyed by hundreds of working doctors who offer services to individuals and families from all over the south. We can also assist with fully integrated, individualized services such as relocation information and related services for newcomers to this area.
Give us a call today for a free mortgage loan evaluation at 866-933-7426. We are a fully licensed mortgage banking lender providing doctors mortgage loans opportunities in many states including but not limited to Georgia, Florida, North Carolina, Texas, Tennessee, Kentucky, Louisiana and South Carolina. We have over 29+ years of experience servicing medical professionals. Remember, our mortgage loans start at only a 670 credit scores for limited credit rated doctors, and 100% financing on homes of up to 1.5 million dollars. Physicians Mortgage Loan specializes in providing the very best mortgage loan advice and services in New Orleans and the southeast, bar none.
