When buying a home, the average home buyer takes out a mortgage that typically requires good credit, a low debt-to-income ratio, and a down payment of around 20%. Unfortunately, as new physicians and despite high wages, many doctors are unable to meet the mortgage requirements due to high debt-to-income ratios. Because of this, many lenders …
If you are a healthcare worker—a nurse, doctor, therapist, medical assistant, etc—buying a home is no easy task. Especially after the pandemic and still working through the waves, you have sacrificed enough time and energy to focus on other people. Now, it is time for you to take some of that back—in a house you …
If you’re currently a doctor or about to become a medical doctor (MD, DO, or sometimes DPM) or in some instances a dentist (DDS or DMD), you could qualify for certain home loans designed specifically for doctors. These medical mortgages offer advantages and benefits that a conventional loan often does not. Key takeaways Medical mortgages …
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