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May 2110:00 AM EDT
-10:30 AM EDT
Most candidates submit a resume built for a recruiter. Admissions committees are reading for something else entirely. This session covers what adcoms actually evaluate, where strong candidates lose ground before a single essay is written, and why...
May 2208:30 AM PDT
-09:00 AM PDT
Get the inside scoop on what makes Emory’s Goizueta Business School great and how you can present a strong MBA application. Explore the difference between our One-Year MBA and Two-Year MBA programs, talk to our admissions team, and meet students.
May 2203:00 PM EDT
-04:00 PM EDT
The old MBA recruiting playbook is dead. Here’s how top admits are getting ahead this summer.
May 2308:00 PM PDT
-09:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
May 2910:00 AM PDT
-11:00 AM PDT
Download the MBA Launchpad App, for FREE access to the largest MBA database - Data backed read on your profile - Identify gaps before you apply - Build a balanced school list - Track your deadlines - Mock interviews - Extensive content library
Jun 1006:00 AM PDT
-06:15 PM PDT
Register for the GMAT Club Virtual MBA Spotlight Fair – the world’s premier event for serious MBA candidates. This is your chance to hear directly from Admissions Directors at nearly every Top 30 MBA program..
05 Apr 2007, 16:19
Kudos
Bookmarks
One thing I didn't really consider was the quality of accommodations available for buy v. rent. If you have a family or are hauling around some dead weight 
then a house would be nice.
I also had incorrect transaction costs while I was thinking about it. Brokers fees will be about $20k (friend of the family discount) for me to sell my house here, but the fees would only be a few thousand dollars for places near Durham or Charlottesville.
There would be almost no way to recover the $30-40k in brokers fees I was mistakenly thinking about. I think there is zero chance I would stay on afterwards and selling seems like a big hassle to me. I understand RTP is a very nice place to live though.
then a house would be nice.
I also had incorrect transaction costs while I was thinking about it. Brokers fees will be about $20k (friend of the family discount) for me to sell my house here, but the fees would only be a few thousand dollars for places near Durham or Charlottesville.
There would be almost no way to recover the $30-40k in brokers fees I was mistakenly thinking about. I think there is zero chance I would stay on afterwards and selling seems like a big hassle to me. I understand RTP is a very nice place to live though.
06 Apr 2007, 10:50
Kudos
Bookmarks
Here are two ways to get a mortgage as a B-school student
1. Purchase the home before you quit your job. Say the property is a 2nd home or an investment property. Don't leave your job until after your loan funds. One of the last things a lender does is re-verify employment.
2. If you've already quit your job, get a NO DOC or NINA (no income no asset) loan. These loans require no income documentation or employment verification. Stated income really isn't an option because lenders still verify employment. Stating that you earn 50k a year at a job you just quit is fraud. If you still have a job or legitimate business in B-School, Stated Income would be a good option.
Option 1 will probably get you a better rate, and require less money down, but it will vary from lender to lender. If anyone has questions about mortgage stuff, feel free to send me a pm.
1. Purchase the home before you quit your job. Say the property is a 2nd home or an investment property. Don't leave your job until after your loan funds. One of the last things a lender does is re-verify employment.
2. If you've already quit your job, get a NO DOC or NINA (no income no asset) loan. These loans require no income documentation or employment verification. Stated income really isn't an option because lenders still verify employment. Stating that you earn 50k a year at a job you just quit is fraud. If you still have a job or legitimate business in B-School, Stated Income would be a good option.
Option 1 will probably get you a better rate, and require less money down, but it will vary from lender to lender. If anyone has questions about mortgage stuff, feel free to send me a pm.
