BBVA COMPASS: AL, AR, AZ, CA, CO, FL, GA, ID, KS, LA, MA, NM, NV, OH, OK, OR, PA, TN, TX, VA, and WA
DOCTOR PROGRAM FEATURES:
The program is available for practicing physicians with a 720+ FICO score who are purchasing a single family detached home.
-100% loan to $650K with no mortgage insurance
-95% loan to $1.25M with no mortgage insurance
-90% loan to $1.5M with no mortgage insurance
-80% loan to $1.75M obviously with no mortgage insurance.
-30, 20 and 15 year fixed loans as well as a 5 and 7 year ARM.
-Can be used for Refinance
-Deferred school debt not counted in qualifying debt ratios
-For Residents & Fellows, MD, DO, DDS, DMD (other designations maybe acceptable)
-Approved Condominiums are acceptable
-One-Time Close Construction/Renovation loans
-Construction Loan Program only available in the following states: CA, AZ, CO, NM, TX, FL, and AL.
All of the loan officers listed here specialize in working with doctors ONLY. They are battle tested, seasoned, and recommended by your peers.
Do you want a someone to contact you?
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Disclaimer: The postings on this site do not represent this banks positions, strategies or opinions.