Great news for Doctors in Sacramento looking to buy a principal residence. Wells Fargo has some great programs for doctors that are available now. If you are a physician looking to move up or looking to buy your first home and have recently completed residency within the last 36 months, Wells Fargo is offering Jumbo financing (up to $850,000 in loan amount) at a debt ratio of as high as 38%. You can do as little as 10% down, and there is NO mortgage insurance. Typical loans require 20% down to avoid the cost of mortgage insurance, which on average is 1.25%. This program is available for all doctors in the surrounding area, whether you work at Kaiser Permanente, UC Davis, Sutter Health, or Mercy Hospital, etc Ask for a special incentive when mentioning this blog to Terry Artica with Wells Fargo. He will know!
Tom Gonsalves is in the top 1% in sales in Sacramento and specializes in representing buyers and sellers in the luxury Sacramento housing market. Tom has helped sell homes to many physicians and is a great resource, helping direct you to many outstanding programs that benefit you. Contact us today at (916) 202-9784 or [email protected].
