Physician Homebuying Preparation Checklist

STEP 01

Start with your plans

Useful before the first conversation.

Choose your target California location and move date.Write down a monthly housing budget that leaves room for your other goals.Identify your professional designation, career stage and income arrangement.Estimate cash available for closing and the cushion you want to retain.

STEP 02

Organize your financial picture

Your loan team will confirm the exact documents and secure delivery method.

Locate current asset statements and information about large transfers or gifts.Gather current student-loan statements and repayment-plan details.List existing mortgages, other recurring debts and any planned property sale.Locate your identification, degree and professional licensing documents.

STEP 03

Match documents to your income

Gather the items relevant to you; not every item applies to every borrower.

For salaried work: organize pay statements and the requested W-2 history.For training or a new position: find the fully signed contract with start date and pay.For a new 1099 contract: identify guaranteed work, compensation and required business expenses.For practice ownership or established self-employment: organize personal/business returns and a current profit-and-loss statement.

STEP 04

Before committing to a home

Coordinate these items with Sasha and your real estate agent.

Review what your preapproval covers and which conditions remain.Get a property-specific insurance quote and review estimated taxes and assessments.Flag condo, unusual property or occupancy details for an early lender review.Compare written loan costs, cash to close and the cash required after closing.

STEP 05

Prepare for closing

Ask your loan team about your specific deadlines.

Discuss new debt, job changes and large account transfers before making changes.Confirm outstanding underwriting, title, valuation and insurance conditions.Review the Closing Disclosure and ask about changes from earlier estimates.Confirm your final funds and use independently verified instructions before sending money.

Your next move,
better organized.

Start with your plans

Organize your financial picture

Match documents to your income

Before committing to a home

Prepare for closing

Bring your questions. We’ll work through them.

Start with your plans

Organize your financial picture

Match documents to your income

Before committing to a home

Prepare for closing

Bring your questions. We’ll work through them.

Stay informed.