Mortgage

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 […]

Are you a physician looking for a new home? If you already know about the advantages to physician mortgages you’re off to a good start. But another decision you’ll need to make centers around the rate. Is a fixed-rate mortgage or adjustable-rate mortgage better? As you might have guessed there are advantages and disadvantages to

New doctors and young professionals are faced with the age-old dilemma of buying or renting. Initially, for many, renting seems more affordable. But it’s money that you’ll never see again. On the other hand, homeownership can provide a home and help secure your long term financial future. Owning a home lets you accumulate wealth through

Buying your first home is an unforgettable experience. For doctors, however, the experience can be delayed due to extensive education and training. But when the time comes, there is a big advantage when it comes to securing a home mortgage loan for doctors compared to everyday homebuyers.  This article is going to cover what you

Just like the human body, a house consists of many complex systems. The body has skeletal, nervous, digestive, and respiratory systems, and a home has heating, plumbing, electric, and structural systems. Like a human, a home can look in good health while hiding major problems internally. The older the home, the more likely it has unaddressed

If you are faced with relocating your practice, no matter if you’re just starting your medical career or a seasoned veteran, your next job can take you to another city. Buying a home in an area you’re familiar with is a big enough challenge, but relocating to a new city to start a new position

You purchased a home several years ago with a physician mortgage loan, but now circumstances have changed and you need to move again.  Maybe one of the following scenarios has occurred:  You finished residency and plan to start a practice in another city.  You’ve been practicing for some time and are transitioning into a hospital. 

If you’ve been searching for a new home, you’ve probably come across foreclosed homes in your search. They catch your eye initially because of the price. Today, foreclosures aren’t as easy to find as they were after the housing crises, but they’re still out there.  Unfortunately, there will always be homeowners who fall behind on

Getting a doctor mortgage loan gives physicians a quick path to homeownership. The mortgages come with competitive terms that aren’t available to buyers who aren’t doctors. The reason is doctors are considered to be very low-risk borrowers.  According to a 2018 Doximity report, family medicine, and internal medicine top the list of the most in-demand

If you’re a practicing physician or resident shopping for a new home, a condo or townhome might be the perfect fit for your busy lifestyle. Everyone knows doctors can work long and hard hours. When you finally have downtime, you might not feel like spending it on home maintenance projects. Condos and townhomes both give