Doctor mortgage loans are designed to help upcoming and established doctors secure a mortgage because many doctors have large debt due to their student loans. The idea is that doctors with high potential earnings will be able to get qualified for a mortgage based on these potential earnings.
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What is the difference between a Physician Mortgage Loan and a Doctor Mortgage Loan? A physician mortgage loan and a doctor mortgage loan are the same thing. The names can be used interchangeably with no difference between them. Often times they are referred to as Doctor Loans as well. A physician mortgage loan is not just for doctors, as the.
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The Doctor Loan: My Experiences Buying and Building with physician mortgage loans Having taken out all the subsidized loans I qualified for as a medical student, I ended up with a little bit of money leftover, knowing I might need some down payment money, eventually.
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Whether you are just beginning your residency or growing your practice, Ameris Bank offers a mortgage doctor loan designed to meet your needs. Member FDIC. Equal Housing Lender. All loans subject to credit approval.
5 days ago · CHICAGO (CBS) – A doctor living the good life in the suburbs is still struggling to pay off student loans, and the University of Chicago didn’t make it any easier when she accidentally missed.