International Medical Schools Whose IMGs Enter U.S for Residency

2020-05-15T14:33:35-04:00

International medical graduates (IMGs) play an essential role in the US health care system and comprise about 25% of physicians in practice. All IMGs go through the US medical licensing examination and verifying of credentials to receive certification from the Educational Commission for Foreign Medical Graduates (ECFMG) to become eligible to enter the practice in the United States. In 2020, according to the National Residency Matching Program (NRMP), of the number of U.S. citizen international medical school students and graduates (IMGs), 61% percent matched to PGY-1 positions, representing the highest match rate since 1991. Of the non-U.S. citizen IMGs, 61.1% matched to first-year positions in [...]

International Medical Schools Whose IMGs Enter U.S for Residency2020-05-15T14:33:35-04:00

The Pros and Cons of Having a Mortgage under the Physician Loan Program

2019-09-13T01:32:54-04:00

In 2006, Bank of America realized that there was a great potential in securing newly trained physicians to have a mortgage. On average, US physicians are close to 30 years old when they complete residency and many are married and looking to buy their first home. With large amounts of debt, minimal prior work experience or credit history, and not enough money saved for a down payment, these new physicians were initially unlikely candidates for having a mortgage. Many banks have followed pursuit and taken advantage of their large earning potential by creating physician loans with no money down and loads of interest. Below [...]

The Pros and Cons of Having a Mortgage under the Physician Loan Program2019-09-13T01:32:54-04:00

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