What credit score do you need to have a doctor financing during the Utah?

What credit score do you need to have a doctor financing during the Utah?

Centered on Agent, brand new median income price of a sodium Lake Urban area house is $529,900. With a normal financing, might have to lay a down-payment greater than $100,000 so you can qualify.

An enthusiastic FHA financing will get enables you to lay out less than $25,000, but you would need to pay private financial insurance policies (PMI) each month. Medical practitioner mortgage loans don’t need PMI.

Also $twenty-five,000 is a huge amount of cash to possess a current scientific university scholar that have tall credit card otherwise education loan financial obligation. Continua a leggere