As a long time Professional in the real estate industry it is in my nature to help others.
It is a known fact that a Bank will offer lower rates and more flexible terms by utilizing the Bank Portfolio and all of California is eligible.
Our office has had numerous "Professional" and â€œFirst Time Buyerâ€ clients contact a FREE referral service (no Realtor attached) at http://www.DoctorMortgageAlliance.com
and pleasantly amazed at the programs available to given occupations, including First Time Buyerâ€™s with any occupation.
It is wise to build a strong banking relationship for other loan needs that you may have, starting with the mortgage is a huge step in building this alliance
DMA has placed clients with several different banks:
Bank of Ohio, BBVA-Compass , RBC, and Huntington to name a few.
If you are a practicing Physician MD, Resident, Dentist, Attorney you are eligible. Or even on your way to graduating from your med school you are eligible to apply for this special mortgage program.
First Time Home Buyerâ€™s also are included in a special program that offer 5% down, NO MI, and other cost saving features â€“ so to answer your question â€“ this program should prove to be of value.
Both programâ€™s offer mortgages with 5% down, NO MI, very low rates, 30/40/15 year fixed terms plus 5/1 and 7/1 arms, and low close costs. The program even allows the seller to pay ALL the closing costs.
Plus the Mortgage Officer's with the referred Banks have all been professional with vast experience.
So our advice is simply contact via the web site, or email firstname.lastname@example.org and a representative should make contact as they have with my clients.
Good luck with searching for your new home!