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Can anyone explain the advantages to a physician mortage?
Physician mortgages are nearly non-existent these days. Bank of America, for example, closed their program last June.
The purpose of these loans to get people who are coming out of residency into a house with minimal (and in some cases no) money down.
SunTrust bank I have heard still gives out these loans, although there are geographical restrictions.
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Physician mortgages are nearly non-existent these days. Bank of America, for example, closed their program last June.
The purpose of these loans to get people who are coming out of residency into a house with minimal (and in some cases no) money down.
SunTrust bank I have heard still gives out these loans, although there are geographical restrictions.