Usually no, a physician’s medical license does not automatically transfer across state lines. Moving within the same state is fine, but relocating to a new state almost always requires applying for a new license or additional state licensure before...
For most physicians, the maximum loan amount depends on the type of mortgage, the property, and your financial profile. Physician mortgage programs can allow borrowing well above standard conforming limits, sometimes into the millions, provided you meet lender...
Yes, physicians often qualify for targeted discounts and incentives across mortgages, insurance, banking, relocation packages, and professional services. These programs exist because doctors typically have strong long-term earning potential but delayed savings, and...
Most early-career physicians choose a 30-year mortgage for flexibility, while mid-career doctors often consider a 20-year term, and established physicians may prefer a 15-year loan to minimize interest and build equity faster. The best loan term depends on cash flow,...
For many physicians planning to stay in a home long-term, a fixed-rate mortgage offers stability and predictable payments, while an adjustable-rate mortgage (ARM) can be financially efficient for doctors who expect to move or refinance within a few years. The better...
