Monthly Archives: March 2015

NHF 5% down payment grant available in 26 states, perfect for resident physicians

The NHF Platinum homebuyer assistance program currently gives eligible families and individuals a grant that does not have to be repaid. The grant (up to 5% of the loan amount*) can be used towards down payment or closing costs. Highlights … Continue reading

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Do young physicians face challenges when refinancing a home mortgage?

Student loans are always going to present specific underwriting challenges or problems, depending on how they’re reporting, if they’re in deferment or some sort of forbearance or pay-as-you-earn or income-based repayment. Work with a firm that is in your area … Continue reading

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What are points and origination fees?

 In IRS Publication 936, both are considered “pre-paid interest” paid at closing one-time to get the benefit of a lower interest rate. Some lenders use the term “total points” to include origination fees and discount points, but not all lenders … Continue reading

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