Physician mortgage loans are high-value advances customised to help healthcare professionals meet their big-ticket funding needs. Apart from physicians, eligible borrowers for the advance include professionals practising under diverse branches of medicine. Doctors can avail these secured advances at affordable physician mortgage rates of interest. Eligibility criteria for the physician mortgage loan are also simple for convenient and hassle-free access to financing. Borrowers can benefit from the nil down payment feature while availing these special mortgage loans for doctors. The feature does not require borrowers to make a down payment. It thus helps you in procuring the property of your choice without much hassle. Making a down payment is, however, encouraged for improved loan eligibility. Tip: For a hassle-free loan application experience, fulfil the eligibility criteria including the credit score, occupation, repayment capacity, etc. before applying for a physician mortgage loan.
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