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.
Put together your down payment. On traditional loans, according to Velt's report, you might need to put down 20 to 30 percent. With an FHA loan, just 3.5 percent of the home's value is required. Unlike a conventional loan, this money can be a gift from family or a charity.f you default on an FHA loan, the government pays your lender. Thanks in part to this guarantee, the requirements for an FHA loan are less stringent than for a conventional mortgage. There are several requirements to consider, however, before you apply.