Options for doctors, lawyers, and others

Following the 2008 financial crisis, the government imposed strict restrictions on underwriting on mortgage lenders.

Typically, to qualify for a traditional mortgage today, you must have two years of stable income. You will also need a 20% deposit to avoid paying private mortgage insurance (PMI). For 2021, your mortgage loan amount cannot exceed $ 548,250.

These rules are designed to protect the average American. But for some professionals, like doctors and lawyers, they can …

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