White Coat Investor Podcast

WCI #25: Military and 1099 Physicians

Informações:

Sinopsis

Military and 1099 Physicians. WCI discusses important financial aspects of being a military physician or a physician paid on a 1099. If this applies to you, make sure you listen to this podcast! At some point in our financial lives, it will be time to buy a home. A physician mortgage can be a good vehicle for a young doctor who’s just out of school and has a more effective place to use their money than on a big down payment. These loans allow doctors to secure a mortgage with fewer restrictions and a lower down payment than a conventional mortgage. But if you’re further advanced in your career or deeper into your journey to financial freedom, buying a home with a conventional mortgage and then, later on, potentially refinancing that loan to a better rate with a shorter time frame could be a great move. Wherever you are in your financial journey, make sure you use the mortgage that will be most financially beneficial for you. Hop over to our recommended tab to learn more about all of your mortgage and refinanc