Truist

216-616-4332

This lender is available in the following states (no construction loan or lot loans, just purchase and refinance): AL, AK, AR, CO, CT, DC, DE, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NC, ND, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

This lender is available in the following states: AL, AR, CA, CT, DL, FL, GA, IN, KY, MD, MA, MS, NJ, NC, OH, PA, SC, TN, TX, VI, DC, WV.

DOCTOR PROGRAM FEATURES:

Doctor Loan Program* Features:

For MD, DO, DDS, DMD, DPM

— Maximum of 100% financing* for loan amounts not to exceed $1,000,000

— Maximum of 95% financing* for loan amounts not to exceed $1,500,000

— Maximum of 89.99% financing* for loan amounts not to exceed $2,000,000

No monthly mortgage insurance payments
For licensed medical professionals (physicians and dentists) who have completed their residency within ten to 15 years
Maximum of 89.99% financing* for loan amounts not to exceed $1,500,000

— Fixed and variable -rate options available.

Eligible Borrowers:

Licensed Residents/Interns/Fellows

Licensed Medical Professionals

Medical Doctors (MD), Doctors of Osteopathy (DO), Doctor of Dental Medicine- Dental Surgeons, Orthodontists, General Dentist (DMD/DDS), Doctors of Podiatric Medicine (DPM)

Loan to Value

-Loan Amounts up to $1,000,000 with 0% Down

-Loan Amounts up to $1,500,000 with 5% Down

-Loan Amounts up to $2,000,000 with 10.01% Down

-The maximum loan to value / total loan to value for borrowers practicing 10 years but less than 15 years is 89.99%

-NO PMI

-No Minimum Loan Amount

-Reserve Requirements Vary

-Close up to 90 days before employment starts

Fully Amortizing 15 and 30 year fixed

Fully Amortizing 5/6-Month, 7/6-Month and 10/6-Month SOFR ARMs

Occupancy/ Property Types: