BB&T Bank: AL, DE, FL, GA, IN, KY, MD, NC, OH, PA, SC, TN, VA, DC, WV
-95% up to $850,000
-Maximum Loan Amount** $850,000
-10 years or less out of residency
-Types of properties: Single family detached/attached, condos, and PUDs
-Private Mortgage Insurance Not Required
-Minimum FICO LTV > 90% = 720 LTV ≤ 90% = 700
-Escrow for Taxes & Insurance Required
-Loan Purpose Purchase and No Cashout
-Occupancy Primary Residence Only
-Eligible Property Types One-unit Single Family Detached, Warrantable Condos and
-Eligible Products 15- and 30-year Fixed Rates, 5/1, 7/1, and 10/1 LIBOR ARMs
-(5% LTV/TLTV reduction for declining markets & 10% for severely declining)
All of the loan officers listed here specialize in working with doctors ONLY. They are battle tested, seasoned, and recommended by your peers.
Holly Walsh (NMLS# 898813)
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Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions.