Doctors and Commercial Lending
Doctors are often seen as desirable borrowers for several reasons. Firstly, they typically have high earning potential, which increases their capacity to repay a loan. Secondly, the healthcare industry is relatively stable and is not as susceptible to economic downturns as other industries, which reduces the risk of default.
As a result, doctors often have access to special loan benefits, such as higher loan-to-value ratios, flexible debt-to-income ratios, and streamlined approval processes. These benefits can make it easier for doctors to secure financing for commercial property investments or to expand their practices.