Physician Mortgage Loan Advice
What is a Physician Loan?
A physician loan, often known as a “doctor loan,” is a mortgage that is tailored to medical professionals and does not typically demand a down payment.
When it comes to other loan types, lenders frequently require applicants to pay private mortgage insurance (PMI) if their down payment is less than 20%.
Physician loans allow you to avoid paying a down payment as well as PMI.
Physician Loans are intended for new medical professionals who are just starting out in their careers.
Doctors are often at a disadvantage when it comes to getting a regular mortgage early in their careers because they typically have a high debt-to-income ratio (DTI) after medical school and may not be able to provide neither proof of employment nor income if they’ve just graduated or started their residency.
Apply now to get the support you need from Bullhead city mortgage lenders regarding this type of loan.
Physician Loans Key points
- Medical Professionals friendly
- Understands recent graduates high debt-to-income ratios
- Avoid down payments
- Purchase or Refinance a Primary home.
Medical Professionals Loan Program
Up to 100% Financing | No Mortgage Insurance | Student Loan Debt Excluded from Qualification Criteria | Purchase or Refinance
This program is designed for medical professionals who have student loans or limited savings to help them qualify to purchase a home.
Eligible borrowers may be currently practicing or will begin employment within 90 days of closing.
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Tom Ferry recently came out with an excellent episode discussing predictions for the 2023 housing market. Go check it out! 🙌 tomferry davidechilders patrickbetdavid
Shoutout to foundingfatherscollective for having the most rad whiskey and cigar room around!!!
sarahallenrealtor
beau_thesocialtitlerep
the_lending_squatch
stay_mental 🎥
#thesoloagent #soloagent #realestatehumor #tomferry #housingmarket
Dec 1
This was back dated to late March when interest rates had increased to 4.5%, but the information in this video is still relevant - if not more relevant - with the recent spike in interest rates. They’re now sitting between 5.375% - 6%.
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As a Buyer, your buying power might have gotten a little stronger even though interest rates increased. The recent change left many Buyers unable to continue home shopping which lowers the Buyer pool in our area. As a Seller, you have to be smart about how you list your home. You will no longer see wild offers exceed list price by thousands and thousands of dollars if they're financed Buyers, so be smart about how you list your home for the next month or two.
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Keep in mind that the best week to list your home is coming up, and you need to be smart about your marketing strategy, price, and negotiating power when you have Buyers knocking on your door.
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#InterestRates #RealEstate #TheSoloAgent #SoloAgent #SoloCircle #PrescottRealtor #PrescottRealEstate #PrescottAZ #ArizonaRealtor #ArizonaRealEstate #Mortgage #Lender #ArizonaLender #PrescottLender
Apr 13
Breaking down last week's show...
It's easy to jump on a trending topic, but what does it mean for you and your exposure on social media?
➡️Always remember to stay within your niche, even when you're using trending audio or trending events in the world.
➡️Utilize the hype to get your message across to your consumer. In this case, we were trying to make our audience laugh, and we were successful. However, if you can't clarify the exact response or message you want your audience to receive, think twice about jumping on the latest trend.
➡️Branding is just as important as using trending audio and/or topics. Your brand is more than your logo. It's the way you want to be perceived in your industry and/or community. How you show up on your social media platform should be consistent with your everyday presence. Be consistent, be present, and send the message you want heard by your audience.
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#TheSoloAgent #SoloAgent #BrandingandMarketing #Marketing #SocialMediaMarketing #PrescottRealtor #RealtorTipsandTricks #RealtorTips
Apr 4
𝗧𝗵𝗲 𝗦𝗼𝗹𝗼 𝗔𝗴𝗲𝗻𝘁
We've compiled some of our favorite clips from season 1 and 2, and we can't wait to share them with you!
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𝗦𝗲𝗮𝘀𝗼𝗻 𝟭: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 7, 𝗔 𝗛𝗼𝗹𝗶𝗱𝗮𝘆 𝗠𝗶𝗿𝗮𝗰𝗹𝗲
Beau and Kelcie make it impossible for Sarah to feel the holiday cheer.
𝗦𝗲𝗮𝘀𝗼𝗻 𝟮: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟱, 𝗜𝗻𝘀𝗽𝗲𝗰𝘁𝗶𝗼𝗻 𝗥𝗲𝗽𝗼𝗿𝘁
Matt continues to make things worse by explaining the inspection report in front of the lender.
𝗦𝗲𝗮𝘀𝗼𝗻 𝟭: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟭𝟬, 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿 𝗥𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀
No one is following their New Year's Resolutions.
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What's been your favorite part of the show? We'd love to know your favorite character by commenting on this post! Tag someone who's a fan, and make sure to hit follow if you want instant access to the latest episodes.
#TheSoloAgent #SoloAgent
#RealtorLife #Realtor #RealEstate #ComedyReels #Tuesday #TuesdayVibes
Mar 29
𝗧𝗵𝗲 𝗦𝗼𝗹𝗼 𝗔𝗴𝗲𝗻𝘁
We've compiled some of our favorite clips from season 1 and 2, and we can't wait to share them with you!
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𝗦𝗲𝗮𝘀𝗼𝗻 𝟭: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟲, 𝗔𝗰𝗸𝗲𝗿 𝗡𝗶𝗴𝗵𝘁
beau__bullard messes up his one assignment for Acker Night, and kelcccie_ has to call him out on his nonsense.
𝗦𝗲𝗮𝘀𝗼𝗻 𝟮: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟯, 𝗦𝗻𝗼𝗼𝘇𝗲 𝗙𝗲𝘀𝘁 𝗼𝗻 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗥𝗮𝘁𝗲𝘀
grr_bby bores us with his knowledge on interest rates, and sarahallenrealtor quickly tires of his power point presentation.
𝗦𝗲𝗮𝘀𝗼𝗻 𝟮: 𝗘𝗽𝗶𝘀𝗼𝗱𝗲 𝟰: 𝗧𝗵𝗲 𝗜𝗻𝘀𝗽𝗲𝗰𝘁𝗶𝗼𝗻 𝗥𝗲𝗽𝗼𝗿𝘁
Matt goes way too far with his stroll through the office.
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What's been your favorite part of the show? We'd love to know your favorite character by commenting on this post! Tag someone who's a fan, and make sure to hit follow if you want instant access to the latest episodes.
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#TheSoloAgent #SoloAgent #GreatestHits #RealtorLife #RealEstateAgent #ThursdayVibes #Thursday #ThrowbackThursday #PrescottArizona
Mar 24
