Many loan programs have been eliminated over the past year but if you are in a “qualified profession” (residents, physicians, orthodontists and dentists) there are some very attractive loan options even if you are new on the job. I know of a young couple who had accepted his first physician position in September and were looking to buy their first home. He had just finished his residency in July were he was earning typical resident salary. His newly accepted position as an ER doctor was to pay nearly the same per month as he made in 45 days as a resident. His first pay check covered his down payments and the basic loan requirements allowing them to purchase the home they had worked so hard for. This doctor program is available in 34 states with some states allowing for 100% financing! A good option for this type of financing can be located here.
Many loan programs have been eliminated over the past year but if you are in a “qualified profession” (residents, physicians, orthodontists and dentists) there are some very attractive loan options even if you are new on the job.
I know of a young couple who had accepted his first physician position in September and were looking to buy their first home. He had just finished his residency in July were he was earning typical resident salary. His newly accepted position as an ER doctor was to pay nearly the same per month as he made in 45 days as a resident. His first pay check covered his down payments and the basic loan requirements allowing them to purchase the home they had worked so hard for. This doctor program is available in 34 states with some states allowing for 100% financing!
A good option for this type of financing can be located here.