When should a physician buy a home?
Most physicians can buy once they have a signed employment contract. You can close before your start date, so you don't have to wait for attending pay. The right time depends on your debt, how long you'll stay in the city and your household. Contract in hand and a five year horizon? It's time to look. Subject to credit approval and program terms.
Which loan should a new physician choose?
For most residents and new attendings, the physician loan. It keeps cash in your pocket and treats student loans fairly. Subject to credit approval and program terms.
How do you make an offer that wins?
Get preapproved first. A strong preapproval letter and a fast close win offers. You can close in as little as 30 days. Subject to credit approval and program terms.
Common questions
Can I close before I start my job?
Yes. With a signed contract you can close before your start date. Subject to credit approval and program terms.
Can a resident get a mortgage?
Yes, absolutely. Subject to credit approval and program terms.
Do I need to buy where I trained?
No. I serve physicians in all 50 states. Subject to credit approval and program terms.