Professional Mortgage Loans: Options for Professionals in High-Paying Fields

After the 2008 financial crisis, the government placed strict underwriting restrictions on mortgage lenders. To qualify for a traditional mortgage today, you typically need to show two years of steady income. You’ll also need a 20% down payment to avoid paying private mortgage insurance (PMI). And for 2021, your mortgage loan amount can’t exceed $548,250. […]

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