How to Purchase Your First Home: Step by Step
Congratulations on taking the first step towards purchasing your very own place! As a first-time homebuyer, the process can seem overwhelming and intimidating, but fear not, I’m here to break it down for you in a casual and funny tone. Let’s dive right in! Key Takeaways: Determine your budget before house hunting: To avoid disappointment, […]
Physician Assistant Mortgage Loans: Top Banks with Low Down Payment Options for PA’s
Physician Assistant Mortgage Loans: Top Banks with Low Down Payment Options for PA’s Physician assistants can find the right mortgage loan with a low down payment option by considering several banks that offer physician assistant mortgage loans. These banks provide competitive rates and flexible terms to assist medical professionals in finding the right mortgage loan […]
What You Need to Know About Biden’s REPAYE Plan
What You Need to Know About Biden’s REPAYE Plan On March 10, 2021, President Joe Biden signed the American Rescue Plan, which includes several provisions related to student loan debt. One of the most significant changes is the expansion of the Revised Pay As You Earn (REPAYE) repayment plan. In this blog post, we will […]
Best Dentist Mortgage Lenders of 2023
A Dentist Mortgage allows dentists to get a mortgage with a low down payment and a great rate. These dentist home loan programs, sometimes also called doctor loans or physician mortgages, only require a 0% to 10% down payment. Unlike a conventional loan, you don’t need to pay private mortgage insurance (PMI) as a condition […]
FHA improves mortgage insurance pricing on government loans. How will this affect me?
History of the FHA (Federal Housing Administration: The FHA is a cornerstone of the American mortgage system and is broadly considered one of the American government’s greatest success stories. In 1934, with the Great Depression in full force, mortgages came to a complete stand-still. In response, Congress created FHA mortgage insurance premiums to encourage builders […]
What is a Medical Home Loan?
Medical Professionals face an extremely difficult challenge trying to purchase a home in the first few years of their careers and/or residency due to the mountains of student loans they have generally accumulated in the years prior. Banks began to realize this a few years ago. How can someone on such a strong earnings trajectory […]
Can a Chiropractor Qualify for a Doctor Loan?
Can a Chiropractor Qualify For a Doctor Loan? Yes, there are some banks that allow Chiropractors to utilize their Physician Loan program, or “Doctor Loan”. The key is going to be finding the right banks to search. What type of special loan program and/or features might a Chiropractor be able to qualify for? Great question! […]
Top 8 Medical Home Loans for Nurse Anesthetist’s (CRNA)
A CRNA home loan allows CRNAs to get a mortgage with a low down payment and a great rate. These home loan programs, sometimes also called doctor loans or medical professional loans, only require a 0% to 10% down payment. Unlike a conventional loan, you don’t need to pay private mortgage insurance (PMI) as a […]
Top 6 Banks Specializing in Mortgage Loans for Pharmacists
Pharmacists can sometimes accumulate monster amounts of student loan debt in the hope of a higher ceiling for earning potential. This can seriously hinder their ability to qualify for a new home and live the “American Dream of Homeownership”. At a glance: A few banks have loans for medical professionals, such as pharmacists, for as […]
Closing Costs for a Medical Home Loan: What to Expect
When buying or refinancing a home, closing costs can sometimes cause some unexpected issues if you aren’t prepared for it. You can expect to incur similar closing costs with a Medical Home Loan as you would with a conventional or government-sponsored mortgage. If you’re a first-time home buyer, closing costs can come as a surprise if you […]
