Special Lending Program for Young Doctors
You became a doctor because you wanted to help people, ease discomfort, and help make people live healthier, fuller lives. Years of school, plenty of student loan debt, and trying to get through residency or build your practice, and some things take a back seat. Like buying a house.
IBERIABANK, a portfolio lender, offers loans specifically for young doctors. You don’t have to wait until your practice has been open for a decade to own a home. You don’t even have to wait until you start a family. As long as you meet the lender’s underwriting requirements, you can enjoy the benefits of this special lending program.
What you’ll receive:
- Competitive interest rates
- No mortgage insurance payments
- No prepayment penalty
- Up to 100 percent financing for loans up to $650,000.
This loan program is for primary residences only, but IBERIABANK does offer special loans for secondary residences or primary homes priced higher than $650,000:
- Up to 90 percent financing for loans up to $1 million
- Up to 80 percent financing for loans up to $1.5 million
Who should consider this loan program?
- Young doctors finishing your residency
- Successful partners in fast-growing practices
- General practitioners
- Any doctor who wonders if homeowner is a possibility, even with student loan debt
The Naples market offers a wide variety of homes from luxury condos to single family homes in established communities. Need a home near excellent schools? Want to live in the city or on the outskirts? Are amenities important or the size of the property? Or both? I can help you find the home of your dreams. IBERIABANK can help with financing. Contact Mark Young at 239-403-5159 or visit his website.
In a previous life, I worked as a nurse, so medical professionals are near and dear to my heart. I want to help you find a home you love and can build your life around.
Ready to start looking? Contact me today. Let’s talk!