100% Conventional Financing with No Money Down
Seller Financing Not Required
After years of associating for others, I wanted to fulfill my career of medicine by owning my own Ear, Nose & Throat specialty practice. Two major obstacles stood in my way. I had minimal capital to contribute as a down payment and the seller was not willing to finance any part of the acquisition. All other lending sources I contacted were requiring much more of a down payment that I had available and a minimum of 15% seller financing which was not an option. I was ready to put my plans of practice ownership on hold until I noticed an USMF advertisement in a popular trade journal.
Following their initial free consultation, USMF assured me of a solution. Not only did they structure the entire acquisition with zero money down, they assisted in the negotiations at no additional charge and financed the transaction 100% with no seller financing required. To boot, the rate, term and structure were the best I was offered by any other bank or lender I spoke with.
I was able to buy the practice with no money down and without any seller financing required. The entire deal would have been jeopardized if I didn’t satisfy these two critical factors. Because of USMF’s closing department being so efficient, the entire process went extremely smooth and without any surprises. If it wasn’t for USMF I might never have been able to accomplish my ultimate goal of owning my own practice.
-John Fraker, MD