All Forum Posts by: Hau N.

Congratulations! I'm impressed by what you have done at such a young age.  

@Eric Lee Is your rate for primary residence, 2nd home or investment? SFH or MF 2-4 units? I'm shopping for rate also. The best I've gotten was 4.625% with a credit union for MF investment properties.

I agree with most have said so far.  401k match money from your company is free money.  Why not take it?  I'm glad you look into your account gains again, which is consistent with my 401k accounts with 11-12% returns YTD.

I owed $150K after professional school. Loan forgiveness wasn't something I considered so I refinanced with a online company (not sure if I'm allowed to say any name here) earlier this year. Brought interest rate down from 6.8% to 3.375% (with autopay). My employer helps with loan repayment so that helps as well. It was a monkey on my back but I feel much better now. I use the extra money to save for REI.

If loan forgiveness is uncertain, then another option I didn't see you mention is refinancing to lower your interest rates to 3-4%.  

 Have you considered refinancing the loan not on forgiveness plan?  There are many online companies that can reduce your rates from a typical 6.8% to 3-4%.  

Good suggestions.  I know someone bought a house under the name of the one with lesser debt.  

Most medical students owe $150K on average by the time they are done with medical school.  A few lucky ones have parents to help out.  It's not unheard of for some to owe more than $500K.  

Young physicians are still relatively "poor" due to student loan debt even though income quadrupled. 

Have you gotten into medical school yet?  If you have (which is kind of early unless you deferred from previous cycle), then congrats!  There was another post recently asking the same question you're posing.  I recommend searching for it.  If you haven't gotten in, then I would wait to see where you get in before wasting your time searching around in Houston.