-- Physician mortgage lending company RX Lending announced the expansion of its Texas doctor home loan program. The California physician mortgage firm offers specialty home loan products to help medical professionals buy a new home or refinance an existing mortgage.
More information about RX Lending is available at https://rxlending.com
A CNBC report highlights the rapid growth of the physician home loan market, with leading American lenders reporting a nine-fold growth in the dollar value of doctor home loans funded over the last 10 years. RX Lending has expanded its doctor mortgage program from Northern California to meet the growing need for affordable home loan products for medical professionals in Texas.
Physician mortgages are specialty products aimed at practicing medical professionals. The relative stability of the medical profession and high salaries allow RX Lending to offer affordable mortgages tailored to doctors who are citizens, permanent resident aliens, and non-permanent resident aliens.
The licensed physician home loan company in San Diego County offers loan programs with no down payment for loans of up to $650,000. RX Lending requires a small down payment for loans up to $1.75 million. Surgeon home loan products do not require mortgage insurance and are available as fixed-rate or ARM loans.
RX Lending has a wide range of residential mortgage products for Texas doctors including Jumbo loans with no reserve requirements, student loan deferment programs, and cash-out refinancing. Doctor loans in Texas are available to physicians who are currently paying off student debt.
According to a spokesperson for the Carlsbad specialist broker in loans for doctors, “We are delighted to expand our operations from California to Texas. We look forward to helping physicians and surgeons buy their first homes or investment properties in the state.”
RX Lending is headed by Jeff Holroyd and Grant Tisdel, NMLS-licensed mortgage banking officers with years of experience in the California and Texas housing market. The firm offers flexible physician mortgage products irrespective of FICO scores and borrowing capacity.
For more information about doctor home mortgage loans in Texas, call 858-943-6224 or visit the URL above.
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