Your First Physician Mortgage: How does it work?

A physician has made the decision to buy a house, so what’s the next step? How should physicians acquire a mortgage? What is the difference between a preferred lender vs. a standard bank loan? What type of loan is the best option for a physician? Tune in to learn the seven recommended steps for physicians in the home buying process that, with planning and preparation, can help physicians get the best mortgage.

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IN THIS EPISODE

• [01:50] The first of seven steps to guide physicians in the right direction when looking to buy a house. 
• [04:00] How can a physician know how much they can or should spend on a house? 
• [06:55] How to find the right lender. 
• [12:00] The reason most real estate agents insist buyers work with their preferred lenders. 
• [15:24] What is a physician loan and is it the right choice? 
• [20:26] What to do and what not to do when working with a broker. 
• [26:39] The shopping and home buying processes. 

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.