If you’re like most people, your greatest concern when buying a home isn’t the monthly mortgage payment. It’s having enough saved for a down payment. Many homebuyers assume you need to have a down payment equal to 20% of the home’s value. That’s not the case. Yes, there are benefits to putting down that [...]

While some people search for their dream home among a pool of houses already built, others prefer to customize them by building on a specific plot of land. If building your dream home appeals to you, you may want to consider home construction loans. They are designed to help you with home construction financing. [...]

When you start house hunting, you probably have general thoughts about applying for a mortgage, such as the sale price, down payment, and interest rate. But in the end, it's going to come down to finding a monthly mortgage payment that fits your budget. As a homeowner, it's important to understand what goes into your [...]

You probably hear about credit scores all the time. But how much do you actually know about them? You likely understand the basics of how your credit score works. You pay off your debts on time and your credit score goes up, right? Not exactly. Let’s discuss how you actually get a good credit [...]

Once upon a time . . . Using physician loans to buy second homes or investment properties really was a fairy tale . . . When the story of physician loans first began, our protagonists—the poor, but virtuous, young doctors—were crippled by their high debt-to-income ratios. These poor doctors had educations but no place [...]

Condos and Doctor Loans Star-crossed lovers or a match made in heaven? Condominium living can be great for folks who love living in community and who don't want to deal with a lot of exterior property maintenance. You simply pay your HOA (Home Owners Association) fees each month, and someone else takes care of [...]