If you’ve never put together a formal plan for your family’s future, it can feel like a pretty big undertaking. However, there are some professionals who can help you along the way — including the MD Preferred Network — and an action plan will help guide you. Here’s key advice for moms and dads with disabilities who want to lay a solid foundation for their families. And given that we are in the midst of a global pandemic, knowledge is power.
Margaret Sucré-Vail, AIF® AWMA® l Sucré-Vail Wealth Advisors l www.sucrevailwa.com
The financial conditions facing young doctors and med students today are significantly different than they were 30, 20 or even just 10 years ago. If you are starting a career in medicine, student debt and a challenging insurance reimbursement environment, among other factors, make it essential to take a proactive approach to understanding your financial and career options in order to improve your chances of achieving long-term financial success.
Purchasing a home is one of the best ways to build your personal equity. It is also one of the biggest financial decisions you will ever make… right behind going to medical school! No matter where you are buying, here are some helpful tips to start thinking about before you purchase.
Josh Mettle, Fairway Mortgage
Medical professionals face several unique challenges when buying a home and applying for a conventional or FHA mortgage loan. Until recently, physician home loans or doctor mortgages were only available to M.D. and DMD, excluding many other medical professionals with similar needs.
Now medical professionals have options outside conventional and FHA loans to help them overcome these common challenges and in many instances borrow at lower total costs.