Owning a home is still the cornerstone of the American dream and financial success. A study from Harvard’s Joint Center for Housing Studies found that the average net worth for homeowners was 47.5 times greater than the comparable net worth for renters. It’s no secret that physicians are high salary earners, but they still often […]
The Physician Home Loan Anatomy Read More »
It’s well known that lenders provide flexibility in their underwriting guidelines for physician mortgage loans. Despite this flexibility, there still are obstacles physicians face during their mortgage underwriting process. If you’re aware of these common issues, you can address them early on and avoid unnecessary stress and even financial losses like losing a deposit during
The Top 3 Obstacles to Getting a Doctor Mortgage Approved Read More »
How do you deal with a disgruntled patient who is posting false and negative reviews about you and your practice online? This post will discuss online physician reputation management through ratings and reviews. We’ll look at the history of physician ratings, the most relevant websites, and techniques and systems that you can integrate into your
Online Reputation Management for Physicians Read More »
Unfortunately, the reality is that the need to maximize profits and volume has depersonalized the healthcare industry in many ways. It’s a big challenge for doctors to provide effective and thoughtful medical care in an environment overrun by payer politics and a business model that pushes physicians to their limits. This article is going to
Private Practices Three Big Challenges Read More »
By now, you’re probably aware of the $2 trillion Coronavirus Aid Relief and Economic Security Act (CARES). The stimulus packaged is loaded with all kinds of programs, as you might imagine. This article is going to focus on how it affects high-income earners like doctors. Here is a big picture overview of the stimulus breakdown
What The CARES Act Means for Doctors Read More »
As of March 13th, President Trump declared a federal state of emergency in response to COVID-19, and in that student loan interest is waived. Many are left wondering How to Manage Student Loans During COVID-19. The CARES Act clarified that no federal student loan payments would be due between passage of the bill and September
How to Manage Student Loans During COVID-19 Read More »
If you’re a resident in training you may have never considered buying a life insurance policy. When it comes to life insurance, there are plenty of reasons to buy or not to buy, but knowing the arguments is the first step to making a decision. This article will examine arguments for and against life insurance
Do Residents in Training Need Life Insurance? Read More »
Finding the right disability insurance for doctors can be a lengthy process. Once you find the right one and submit your application, you’ll need to wait four to six weeks before receiving an offer. Physicians understand the pain of processing paperwork. There are many variables insurance agents must review, process, and verify when it comes
How to Get Disability Insurance for Doctors Read More »
If you’re in the middle of resident training, your life is busy, to say the least. But you’re working towards something very special so you keep grinding. At the end of the day, you may look forward to returning to a comfortable home to relax, especially if you have a family or have recently started
Buying a Home in Residency – What you Should Know Read More »
Mortgage rates often change daily, and it takes 30 to 60 days to close on a house, a mortgage rate lock may help you avoid increased interest during the closing period on your new home. Everyone knows that a higher mortgage interest rate means a higher monthly payment and a higher overall payment at the
What to Know about Mortgage Rate Lock Read More »