Your years of hard work and commitment might make you eligible for a mortgage with special terms created just for medical professionals. Even with large amounts of student debt, you can also be considered for a substantial loan with no downpayment and no private mortgage insurance. (see terms below)
The Dentist/Doctor Loan was designed with the your financial needs in mind. As a Realtor, I'm pleased to recommend one of the Southeast's top Dentist/Doctor loan experts. As a team, we offer seamless service throughout the buying process.
Contact me at (910) 622-4971 to start your home search anywhere in North Carolina. I will make sure you are in hands of an experienced Doctor Loan Specialist who will match your needs with the right financing option.
The Dentist/Doctor Loan Program
1 Available only in AL, AR, DE, FL, GA, MD, MS, NC, SC, TN, VA, WV, DC and select counties in PA to licensed Residents, Interns, Fellows in MD and DO programs and licensed Physicians and Dentists (MD, DO, DDS, DMD) who have completed their residency within the last ten years. Doctors with over ten years post residency need to be members of SunTrust Private Wealth Management or belong to a practice that is part of Private Wealth Management to be eligible for this product. Ten year restriction does not apply when refinancing an existing SunTrust Doctor Loan.
2. Borrowers should note that 100% mortgage financing will result in no property equity until such time as the loan principal is paid down through regular mortgage payments and/or the property value appreciates. Additionally, if the property values decline you could owe more than your property's value. A down payment may be required if the property is located in a declining market. Subject to state limitations.
3. Subsequent time spent as a teaching attending or in a fellowship program doesn't count in this ten year period.
Equal Housing Lender.