I would say lenders are still reeling at the uncertainity of liquidity in the markets.
The liquidity pendulum has swung to far to the left on relaxed stardards, it’s now swinging toward the right of overtightening. Hopefully, sometime in the future, it will stabilize somewhere in the middle.
It would have been interesting to find out who the lender was.Also how much the doctor was making. Doctors aren’t necessarily paid “that” much these days (save, the specialists), especially if it’s a single income. Also, how long has the doctor been in practice? (Newer doctors with educational debt might have issues)
