Predicated on Agent, this new median profit price of a sodium River Urban area residence is $529,900. Which have a normal financing, you’d need lay an advance payment greater than $100,000 to help you qualify.

An enthusiastic FHA financing will get will let you lay out less than $25,000, however, might have to pay individual financial insurance (PMI) every month. Doctor mortgages do not require PMI.

Even $twenty-five,000 is a significant sum of money to own a current scientific college graduate with tall charge card or student loan debt. Doctor finance are created to make the family-to get process available for physicians across the Utah. Continue reading →