SunTrust Mortgage

April Lane, NMLSR#659236




Advantages of Doctor Loans:
  • Fixed or adjustable-rate options
  • Up to 100% financing and no monthly mortgage insurance payments
  • Favorable repayment terms provide flexibility to meet your financial reality

For Licensed Residents/Interns/Fellows in MD, DO, and DPM programs, we offer:
  • Maximum of 100 percent financing for purchases and rate/term refinances
  • There is a maximum loan amount of $750,000

For Practicing Doctors (MD, DO, DPM, DDS, DMD), we offer:
  • 100% financing for loans up to $750,000
  • 95% financing for loans up to $1 Million
  • 90% financing for loans up to $1.5 Million
  • Please note: Doctors with over ten years post residency experience are limited to maximum 90 percent financing.

What you'll need to consider:
  • In some states, the Doctor Loan product requires a pre-existing depository relationship and is not available for properties located in Alaska, Arizona, Hawaii and Oregon, contact your loan officer for details.
  • This product is available to licensed Residents, Interns, Fellows in MD, DO and DPM programs and licensed Physicians and Dentists (MD, DO, DPM, DDS, DMD) who have completed their training within the last ten years. Ten year restriction does not apply when refinancing an existing SunTrust Doctor Loan.
  • Doctors with over ten years post training 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.
  • Other program restrictions may apply, please consult your loan officer.
  • State law may put further restrictions on maximum loan-to-value ratio.
  • Adjustable-rate mortgages have interest rates that may increase during the life of the loan.
  • 100 percent mortgage financing will result in no property equity until the borrower pays down the loan principal through regular mortgage payments and/or the property value appreciates.
  • If 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 or if required by state regulations.