Category Archives: Real Estate

Are there grants that can be paired with a doctor mortgage?

We’ve been working very, very hard to put this together and we believe we’ve found a solution. It’ll be rolling out in the next 30 to 60 days, and the program would allow 97% financing with no monthly mortgage insurance up to a $424,000 loan amount, so it’d be great for residents and probably also for fellows. And this program does have income restrictions. It’s going to be case-by-case basis, and those income restrictions are based by the county that … Read more

Speed to Close & Communication Keeps Our Doctor Mortgage Clients Happy

In May 2017 we were honored to help 127 families into their new homes across 49 states. We recognize that the intense seller’s market has made it harder than it was before to realize the dream of home ownership. We are grateful to have an insanely fast underwriting and closing process, averaging just 17.4 days from written offer to close of escrow. We’ve found speed to close is the key to getting your offer accepted over the competition. We’ll let our physician clients explain … Read more

3 Reasons the Housing Market is NOT in a Bubble

Love this post from the blog Keeping Current Matters and wanted to share it for our readers who are in the market for a doctor mortgage or a CRNA mortgage. With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped … Read more

Will higher prices and rates snuff out the real estate market?

A recent hot topic with clients has been about waiting out this hot market rather than buying in 2017. Their reasoning is that higher interest rates and home prices will ultimately snuff out the real estate market and prices will likely come back down. If you are a physician who is thinking about buying a home, you have likely wondered about this. There is significant fear about current home prices. Clients don’t want to get caught buying at the top. … Read more

Match Day Is Here… What You Need To Know About The Real Estate Market and Doctor Mortgages In 2017!

Congrats!  You have matched and the adventure of residency awaits you.  Now you need to figure out where you are going to live and fast!  Here’s what you need to know to successfully navigate the landmines and have a flawless home purchase in 2017. Your primary challenge is going to be finding a home. As I write this post there is only 3.6 months supply of homes on the market nationally. That means the pace of monthly sales would completely … Read more

Fundamentals Pushing Real Estate Prices Higher. Can A Doctor Mortgage Loan Help?

Most often our clients come to us for advice about doctor mortgage loans, but from time to time those same doctors also need to know about what is happening in the real estate market and is it the right time for them to buy.  There is an element of fear in many of the conversations I’ve been having with doctors recently stemming from current real estate values, which have just recently returned to pre-crash valuations in many areas of the … Read more

Should I buy a bigger, more costly home? How do I decide?

This is a Total Cost Analysis that I put together for a client that was contemplating moving up. And I’d like to have more of these discussions. But the truth is I need your help. I’d like to walk you through the presentation and at the end I’m going to invite you to let me know  if there’s any clients that you have that would like to have a similar type of analysis done for them. In the top left … Read more

Rent vs. buy case study

Hey guys! I just created this exact analysis for a couple of clients of mine in California and we called it the Rent vs. buy case study. I took their names off, obviously. But the numbers were staggering and I wanted to share it because I think it can impact so many of our clients that aren’t thinking long term. I think the decision to buy or rent comes down to the immediate payment on a month to month basis, … Read more

Will higher mortgage rates slaughter the real estate market?

Thought you might be asking the same question that many of our clients are wondering: “What is the impact of higher rates on home values?” Let’s start with a quick quote, which I think sums it up nicely. The (rise in rates) was considerable, but no one should be all that alarmed, nor fear that the housing market will come to any kind of abrupt standstill. After all, rates are only about where they began 2016, and all expectations at … Read more

What is a physician home loan and do I qualify while in training?

In the simplest terms, a physician home loan has more liberal underwriting guidelines, whereas conventional and FHA loans are underwritten to more rigid and inflexible underwriting guidelines. Conventional and FHA loans are rarely the best solution for a young physician in training. The Conventional Loan Conventional loans are purchased by government sponsored enterprises such as Fannie Mae and Freddie Mac. Over 95 percent of the loans in the country are purchased by Fannie Mae, Freddie Mac, or Ginnie Mae and … Read more

As seen on