Medical Professional Loans Just Expanded and the Answer Is Finally Yes for More Healthcare Providers

The Question That Kept Coming Up Without a Good Answer

Two to three times a month the same question was coming in from real estate agents and clients alike. Do you offer medical professional loan programs? And for a frustratingly long time the answer was no.

That answer has changed and the program that is now available is worth understanding clearly whether you are a healthcare professional looking to purchase a home or a real estate agent working with clients in the medical field.

The Program Is Not Just for Physicians

The first assumption most people make when they hear medical professional loan is that it applies to MDs and stops there. That assumption has been one of the reasons this conversation has not always gone anywhere productive for healthcare professionals outside of traditional physician roles.

The program Bethany Ashby is now offering is considerably broader than that. Yes it covers doctors. But it also covers dentists, veterinarians, ophthalmologists, and CRNAs. If you are in one of those professions and have been told in the past that a medical professional loan was not available for your specific role that conversation is worth having again because the landscape has shifted.

What Makes This Program Stand Out

The two features that make this program genuinely compelling for qualifying medical professionals are the financing structure and the loan ceiling.

One hundred percent financing means no down payment is required. For medical professionals who have invested years and significant financial resources into education and training and who are often still managing student debt at the point when they want to purchase a home the elimination of a down payment requirement is a meaningful and practical benefit. You do not have to choose between managing debt and building toward homeownership.

The program goes up to $2 million which makes it relevant for medical professionals across a wide range of markets including higher cost areas where standard conforming loan limits fall well short of what is needed to purchase a home that fits a professional lifestyle. Whether the purchase is in a mid-range market or a high cost metropolitan area the program has room to work.

For Real Estate Agents Working With Healthcare Clients

If you regularly work with clients in medicine, dentistry, veterinary medicine, ophthalmology, or anesthesia this program is worth knowing about and worth mentioning to clients who may have assumed their financing options were limited to conventional products with full down payment requirements.

A CRNA purchasing a home who believes they are limited to conventional financing does not know about this program. A dentist who has been waiting to save a down payment does not know this program exists. Connecting those clients with a lender who can actually deliver the product changes the conversation from someday to now.

Find Out How Easy It Is to Get Qualified

Bethany Ashby is now offering medical professional loan programs for doctors, dentists, veterinarians, ophthalmologists, and CRNAs with one hundred percent financing and loan amounts up to $2 million. Drop Bethany Ashby a line to find out exactly how to qualify and how straightforward the process actually is.

Sources

MortgageNewsDaily.com Investopedia.com HousingWire.com ConsumerFinancialProtectionBureau.gov Forbes.com