Employment Contracts You have accepted a new job offer and would like to purchase a home, the catch, you still have to fulfill the contingencies of the offer; such as background check, drug testing – all the normal employment criteria. The question is, when I can start looking for a

Loan Exceptions So, you would like a loan program tailored to your specific needs? In some cases this may be considered an “exception”, something that is outside of specific loan program parameters, i.e., a credit score requirement, down payment, property type, lower interest rate, waiving a fee – these would

Tax Advantages of Home Ownership During tax season there is an active search for more deductions in order to reduce your tax liability. Unfortunately the ability to take deductions is largely reduced once the tax year is closed out. For this reason savvy consumers begin their quest for lower taxes

Does 100% financing mean NO money at closing? If you have been on staging.doctorloanprograms.com for more than 2 minutes you probably realize that there are several great options available for a doctor buying a house! Some lenders in certain states even allow 100% financing with no mortgage insurance, which may

New Home Purchase and Funds to Close If they are funds that came from a family member they will be considered a “gift” and gift documentation will be required. If they came from the sale of something you will need a bill of sale and evidence of the value. Tax

Understanding Loan Approval Amounts At the start of a home search, one of the most pressing questions on the minds of borrowers is how much can I be approved for? While it is a simple and straightforward question, the answer can be very convoluted, leading to a universal, it depends.

So what happens after your purchase contract is signed? You have found the perfect home, negotiated a price, and signed the purchase contract. Now the process towards closing begins, which includes inspections, surveys and a property appraisal. Understanding the value in this process will help you decide if you want

How to Choose the Best Real Estate Agent Real Estate agents have a wide range of expertise and approaches to real estate purchases. Finding an agent you can trust, will listen to your needs, and will work to find you a home will create a strong relationship. Purchasing a home

Have you thought about insurance lately? It’s the old adage “better to have it and not need it, than to need it and not have it”. I’m specifically talking about disability insurance. “It’s never going to happen to me” attitude won’t cut it – as unpleasant as it is to