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
Managing Student Loan Debt Managing Student Loans and Payment Options Student loan payments can be very high and may impact the price range of home you are able to qualify for. When it comes to managing both your debt and your budget, selecting a payment plan for student loans will
Fed to raise rates this month? March 14, 2017 ⇒ Jobs Report Released ⇒ CFPB Case Moves On ⇒ Buyers See Sticker Shock The Jobs Report and Fed Meeting The data is in. The jobs report has been released and the Federal Reserve Board’s Open Market Committee is meeting as
Buying a Condominium? If you would like a home where you won’t have to worry about lawn care, snow plowing, or multiple other homeowner responsibilities, a condominium may be for you. In most cases if you need financing the bank will want to see if the condominium is “warrantable”, which
Ready Set “MATCH”! It’s that time of year again when medical school graduates all over the country wait anxiously to find out what city they will spend the next several years of their lives in. For a lot of these medical students, this is the first opportunity for them to
What is Private Mortgage Insurance PMI? How to avoid it. PMI Mortgage Insurance and the Physician Mortgage Loan Program.WHAT IS PMI? PMI (private mortgage insurance) is normally part of any mortgage loan if the buyer has less than 20% equity in the home. For those new to the home buying
Impact of Rates on Mortgage Payment With the Federal Reserve indicating they are ready to increase interest rates, it’s time to take a serious look at your loan options, if you are considering a home purchase in 2017. Rising interest rates increase the cost of housing and can impact the
Lets talk Seller Concessions on Physician Loans You have the money to buy a new home, however it would be nice to not have to drain your savings. The good news is; the seller can help with your cost to do a loan, which can be significant. Although you will
Should I pay Points or No Points? Many lenders offer loans with and without an origination point. Before deciding whether or note to pay this point, you must consider two things: How long do you plan to own the property? What is my recapture period? A recapture period is the
Mortgage Rates, The Election and The New Year Without getting too political I think it’s safe to say that was one of the craziest campaign seasons and elections our country has ever seen. It also ended with probably one of the biggest upsets ever and the markets weren’t sure how
