Referral (medicine) From Wikipedia, the free encyclopedia. In medicine, referral is the transfer of care for a patient from one clinician to another. Tertiary care is usually done by referral from primary or secondary medical care personnel.
A down payment of at least 20 percent lets you avoid mortgage insurance. To explain how bankers and real estate agents talk about down payments, letâs say you buy a house for $100,000: A 3 percent down payment means that you pay the seller $3,000 and you borrow $97,000. Find a low down-payment mortgage today. With a 20 percent down payment, you would pay the seller $20,000 and you would borrow $80,000. Sometimes youâll hear a phrase like, âAlex put 20 percent down on the house.â That means that Alex made a 20 percent down payment. The money for a down payment can come from: Your own savings.
Your down payment is proportionate to the mortgage amount you finance and your lender can give you the down payment requirement for your loan. For example, if your mortgage requires a 20 percent down payment and the home you want to purchase has a price of $200,000, you need a down payment of $40,000.or example, if your mortgage requires a 20 percent down payment and the home you want to purchase has a price of $200,000, you need a down payment of $40,000.