Physicians can finance new healthcare technology through a combination of equipment loans, leasing programs, lines of credit, or practice loans designed for medical professionals. Choosing the right option depends on the cost of the technology, cash flow, and...
For many physicians, a physician loan is the better option when buying a high-priced home because it may require a lower down payment, eliminate private mortgage insurance (PMI), and offer flexible underwriting for medical professionals. However, a jumbo mortgage may...
Call requirements can influence where physicians choose to live. Doctors who must respond quickly to hospital calls or emergencies often prefer living closer to their workplace to ensure they can arrive within the required response time. When physicians accept a new...
Physician loans are not available in all 50 states through every lender, but physicians can access these specialized mortgage programs in most states. Availability depends on the lender’s licensing, loan products, and the state where you’re purchasing a...
Physicians can refinance into a physician loan later, but it depends on the lender and eligibility criteria at the time of refinancing. Some lenders allow refinancing into physician loan programs to take advantage of benefits like no PMI or lower down payment...
In many physician employment agreements, relocation assistance is provided with the expectation that the physician will remain with the employer for a specific period of time. If the physician leaves before that period ends, they may be required to repay some or all...
