Most wealth is created through real estate.
When banks lend 75%-85% of the value of property, buyers and investors are able to double their cash-on-cash investments (net worth) more rapidly than in most other businesses.
Be alert: select banks are rolling out 100% loan programs for savvy borrowers that qualify. See some examples below and call/text me to discuss. 703 522 6444
Physician Mortgage Loans
Mortgage programs designed to help make homeownership easy and affordable for medical professionals including physicians, pharmacists, dentists, and veterinarians. If you have a medical doctorate degree, you may be eligible for a wide range of benefits.
- 100% purchase financing available for loan amounts up to $1 Million
- 95% purchase financing available for loan amounts up to $1.5 Million
- 90% purchase financing available for loan amounts up to $2 Million
- No Mortgage Insurance (PMI)
- Up to 6% seller paid closing cost and prepaids allowed
- Gift funds are allowed from immediate family members
- Student loan payments deferred for 12 months or longer are not included in the credit approval process
- Close before your new job starts. Find and close on new home up to 90 days prior to start of new employment
- Flexible options: 30 & 15 Year Fixed Rate3 as well as Adjustable Rate4 Options (5/1, 7/1, 10/1, & 15/1)
- Refinance options available with lower loan to values
Construction Loans
Construction loans offer one settlement, and one low rate during construction that automatically converts into a fixed rate loan once your new home is complete. Some of our construction loan products offer a re-lock feature, so if rates come down during construction you can capture the lower rate. As your home is being built, funds are advanced according to a draw schedule that you and your builder agree upon. Pay interest only on the amount that is drawn down.
- 95% construction financing up to $850,000
- 90% construction financing up to $1 million
- Various term options available
- One-time closing
- Option to lock in rate before or after construction
- Fixed and adjustable rates available with interest-only payments during construction
- Stick built or modular homes
Many other scenarios are available
- First Time Homebuyer Programs
- Down Payment Assistance Programs
- Damaged Credit Buyers
Don't miss out on buying a home, up-sizing or becoming a real estate investor. Call/text me to discuss 703 522 6444
If you know anyone who would appreciate my level of service, please introduce me, I'd love to help them. - John Akhavan
john@johnakhavan.com
703 522 6444