A physician loan can help fast-track your path to homeownership, but it may not have the most competitive interest rate. In some cases, you may have an adjustable rate mortgage and once the fixed ...

Physician mortgage loans often allow for 100% financing (or close to it), and they allow the borrower to close on a new home up to 90 days before a job begins, says Shawn Fehily, regional manager ...

Physician mortgage alternatives If you're considering a physician loan but you're not sure if it's the best option, consider these alternatives. Conventional mortgage If you are already working as ...

A physician mortgage loan is lenient on the down payment requirement and the lack of PMI, so lenders may increase interest rates to compensate for the additional risk. Physician mortgage loans ...

The mortgage requirements for FHA loans are less stringent than conventional loans. You could qualify for an FHA loan with a credit score as low as 500. You can’t always get an FHA loan.

With this loan option, you might not be able to borrow as much as you could with a physician loan. FHA loan – As low as 3.5 percent down with at least a 580 credit score and FHA mortgage insurance.

Key Benefits of Physician Mortgage Loans from The Loan Doctor: 0% to Low Down Payment with No PMI: Secure a mortgage no or low payment or private mortgage insurance, making homeownership more ...

Frey says his physician mortgage was "a huge advantage," allowing him and his wife to put 0% down on their home without PMI. But most importantly, it fit within their overall financial plan, which ...

One desirable feature of a physician loan is the relaxed requirement for a down payment. Most loan programs call for borrowers to put down at least 3% of the home's price as a down payment - and ...

Online mortgage lenders have taken over the market. But are you better off with a digital-first company or a traditional bank or credit union?

Loan originators can no longer rely on move-up buyers. As mortgage rates approach 8%, they are pivoting to first-time homebuyers with FHA, VA loans and down payment assistance programs.

Designed with the unique needs of medical professionals in mind, The Loan Doctor offers physician mortgage loans featuring 0% to low down payment options and no private mortgage insurance (PMI ...