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ryniciaw, Home Buyer in Los Angeles, CA

Are there special loan options for attorneys?

Asked by ryniciaw, Los Angeles, CA Tue Aug 6, 2013

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BEST ANSWER
Hi! I'm a Real Estate Agent with Zip Realty and I work with a lender who has a loan program just for you...
New Professional Loan Product
We have an investor that offers special financing for Doctors, Attorneys, Dentists and CPA’s.
· 5% down up to $1,000,000 loan amount
· 10% down up to $1,250,000 loan amount
· 15% down up to $1,500,000 loan amount

Will.thomas@ziprealty.com
0 votes Thank Flag Link Tue Aug 6, 2013
1 -That sound like a legal issue ...(Let me call my Lawyer.)

2 - Yes we do lend to attorneys within the same conditions as we lend to anyone else ... (Mortgage discrimination is AGAINST THE LAW)

3 - Feel free to call me (the first hour of consultation is FREE)
0 votes Thank Flag Link Tue Aug 6, 2013
How about Architects, Doctors, Engineers, Teachers, etc. Why would lawyers merit a special program that others don't? Frankly, given how the law can be manipulated, they can probably figure out a legal way not to pay it back and they should probably be charged more!
0 votes Thank Flag Link Tue Aug 6, 2013
Not that I have heard of, perhaps your professional organization has something?
0 votes Thank Flag Link Tue Aug 6, 2013
There are no special loans for attorneys that I know of. But everyone can access a huge arrange of loan types from Fannie Mae, Freddie Mac, FHA, VA and portfolio loans.
0 votes Thank Flag Link Tue Aug 6, 2013
I've never heard of such a thing. Why would attorneys merrit special loan options.
0 votes Thank Flag Link Tue Aug 6, 2013
Because of our income capabilities I assume. I was referring to a professional mortgage loan, as stated by agent Thomas
Flag Tue Aug 6, 2013
I seriously doubt that you will find it:
No one would put Attorneys in the same circumstance and Teachers, Fire Fighters and people living below the poverty level.
0 votes Thank Flag Link Tue Aug 6, 2013
I've never seen it. You're pretty much left with the loan options that everyone else has. Conventional, FHA, jumbo, etc.

If my response was helpful, consider clicking BEST ANSWER!

Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648 Cell
(516) 740-4478 Office
(516) 918-5383 Fax
0 votes Thank Flag Link Tue Aug 6, 2013
If you haven't been preapproved for a loan we can certainly help you out. You can check us out at http://www.TheMortgageOutlet.com and give us a call. One of our loan officers will look at your situation and present you with some options.
0 votes Thank Flag Link Tue Aug 6, 2013
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