Regions Bank |

Paul Cushman

Vice President

Regions Mortgage

Direct: 904-982-6910

Fax: 904-222-8123

NMLS: 512713

DOCTOR PROGRAM FEATURES:

Offers mortgage loans to medical physicians, including Residents, Fellows, Doctor of Dental Medicine (DMD/DDS) or Doctor of Osteopathy (DO).
Doctors who have been self-employed for a minimum of 2 years are eligible.
1099 income with contract is allowed – must have minimum monthly income guarantee.
Mortgages are available for purchases and refinances.
They offer fixed rate and ARMS.
No private mortgage insurance (PMI).
Up 100% financing is available.
For loan amounts $750,000 or less, 100% financing is available. For loan amounts up to $1,000,000, 95% financing is available.
Student loans are not included in the debt to income ratio with sufficient documentation supporting that the student loans are currently in deferment/forbearance.
This loan is for primary residences only, single-family residences, and townhomes.
Minimum credit score is 720 for loan amounts above 484,350K
Minimum credit score is 700 for loan amounts below 484,350K
Residents entering the medical profession are required to have a copy of the executed written agreement as evidence of employment or future employment.
Bi-Weekly options available

Click the link below to apply online:

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