Why Physician Home Loans Fail

In This Book You Will Learn:

  • How to avoid the land mines that most commonly lead to surprising last minute declines.
  • How student loans including IBR and deferment affect how you qualify for financing.
  • How to find a true mortgage and real estate specialist in your hometown.
  • What specifically to look for in a real estate and mortgage advisor.
  • A step-by-step guide, which virtually guarantees you a flawless home purchase.

We wrote the book on physician home loans, literally. Get yours free today!

Why a Pre-Approval is NOT Enough

Posted on Mar 15, 2018 in Why Physician Home Loans Fail

 

We advise our clients that prequalifying is just not enough and  recommend they obtain a full credit and income approval prior to falling in love with a home and writing an offer.

So what’s the difference between a preapproval and a credit and income approval?

… Continue reading →

What Criteria Should I Use To Choose a Mortgage Lender

Posted on Mar 15, 2018 in Why Physician Home Loans Fail

 

It is paramount that you work with a mortgage professional specialized in your unique situation, just as it is important to go to an expert who specializes in your medical condition. In other words, I would not go to an orthopedic surgeon if I had a heart problem.

… Continue reading →

What are the Danger Zones?

Posted on Mar 15, 2018 in Why Physician Home Loans Fail

 

It’s important that you understand the challenges that nearly all physicians face at three specific junctures in their career: I call these junctures “danger zones,” because it is during these transitional periods when most loans are declined,

… Continue reading →

Six Things To Do When Searching For A Mortgage Lender

Posted on Mar 15, 2018 in Why Physician Home Loans Fail

 

Obtain your credit report and FICO (Fair Isaac Company) score. The first thing you should do in preparation for the home-buying process is to start monitoring your credit. Start three to six months before you want to close on your new home to make sure nothing slipped through the cracks. … Continue reading →

Six Steps to a Flawless Home Purchase

Posted on Mar 15, 2018 in Physician Loan, Why Physician Home Loans Fail

Choose a Mortgage Professional Who Can Educate and Truly Guide You If you just do one thing, ensure you start off on in the right direction by locating a mortgage professional who has experience with medical professionals and has done a good job with them in the past. … Continue reading →

Genesis of a Mortgage Debacle

Posted on Mar 15, 2018 in Why Physician Home Loans Fail

Here is a real-life scenario based on a post I read in a physician chat room: A newly attending physician and his young wife are in the process of buying a new home and relocating across the county.

… Continue reading →