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Why A Bank of America Physician Mortgage Loan?
Although physicians often enter medical practice burdened with debt, being a medical professional comes with benefits. Lenders, recognizing the solid financial reputation of physicians, offer exclusive financing to help doctors achieve financial freedom. This means you can purchase a home, begin or expand private practices, and maintain a comfortable living, even right out of medical school or residency.
In this series, we evaluate some of the top lenders in this financial arena. These are institutions which understand the income potential and outstanding payment history of physicians and can offer perks like competitive rates and higher debt.
Bank of America has been in the physician mortgage industry for many years, supporting doctors in their quest to purchase and refinance homes and entering private practice. And as the second largest banking institution in United States, Bank of America has a solid reputation of serving a wide variety of customers with their financial needs.
Bank of America’s Doctor Loan Program is a nationwide program, offered in all 50 states, and encompasses a wide variety of medical specialties. Additionally, many different types of properties are accepted by Bank of America—including condominiums and other multi-property developments.