Is ANYONE offering a home construction loan for doctors at 80-100% LTV in California? Looking to finance $850K-1million.

Asked by Coconut1947, Sacramento, CA Thu Jan 6, 2011

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14
, ,
Wed Feb 15, 2017
yes, call me at 916-601-8782 or email me at jonathan.brozek@usbank.com
0 votes
up to $3MM loan amount and beyond
Flag Wed Feb 15, 2017
Smpmd, Home Buyer, Folsom, CA
Tue Sep 27, 2016
Im a physician

I have project in Texas 2.6 M total project, with 15%, possibly 20%, down. High income, little other debt. Credit 750+

Im looking for potential lenders

Please contact.

smpmd@me.com
0 votes
call me at 916-601-8782 or email me at jonathan.brozek@usbank,com
Flag Tue Dec 20, 2016
did you ever get help with this?
Flag Tue Dec 20, 2016
GBear, Home Buyer, Houston, TX
Thu Jul 7, 2016
Anyone offering home construction loans for doctors at 90% LTV in Texas, max $1M?
0 votes
I know of a couple, do you still need help with this? 916-601-8782 or jonathan.brozek@usbank.com
Flag Tue Dec 20, 2016
lopez_luis_e, , Orlando, FL
Wed Nov 4, 2015
Anyone offering home construction loan for doctors at 100-95% LTV in Florida? 1-1.2M Residential
0 votes
Any idea if he can do physician mortgages in Hawaii?
Flag Sun Mar 6, 2016
Yes, Eduard Gubarik with National Residential Mortgage, is offering up to 100% financing. Must have FICO of 620+. I got my construction loan through him in CA but he can finance nationwide. Look him up on https://www.linkedin.com/in/landloanguy
Flag Fri Nov 6, 2015
, ,
Tue Oct 13, 2015
I can finance 100% construction and 80% on land. Up to $3million, FICO 720. We use equity in appraised value as the down payment for the construction loan.

Feel free to call anytime (916) 223-4257
0 votes
Yes
Flag Fri Nov 6, 2015
Is this program available in Florida?
Flag Wed Nov 4, 2015
Is this program available in Florida?
Flag Wed Nov 4, 2015
Matthew Albe…, Landlord, Greensboro, NC
Sun Mar 1, 2015
My name is Matt Albert (NMLS# 658999) and I am a Doctor/Physician Loan Specialist with RBS Citizens/Charter One Home Loans. I have been specifically working with physicians for over 12 years. We cover licensed medical physicians, residents, interns and fellows, which include MDs, DOs, along with DMDs and DDS. While we do have a construction loan for physicians up to 89% loan to value to $1m we are not able to provide outside of our footprint however on our normal purchase program we can on an exception basis do up to 89% loan to value outside of our footprint (plus exception is still possible to exceed $1m loan maximum). We normally provide financing of 95% up to $850,000, 89% to $1 million AND 89% to $1 million for a one time close construction Doctor Loan, all with NO PMI! We offer our Doctor Program in the following states:

Connecticut, Delaware, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, Washington DC, West Virginia. *Additional States are possible on an exception basis, exceptions also possible in regards to loan amounts on a case by base basis*

If I can be of any assistance please feel free to contact me regarding details of the program as we are NOT allowed to share guidelines of the program in online forums. You may do a search of my name and Doctor loan and easily find my contact information or see my profile. Good luck!
0 votes
yes, US BANK. Call 916-601-8782 or email jonathan.brozek@usbank.com for more details. good luck
Flag Tue Dec 20, 2016
Do you know of anyone who offers this in California?
Flag Wed Oct 19, 2016
Do you know of anyone who offers this in California?
Flag Wed Oct 19, 2016
, ,
Tue Oct 22, 2013
BBVA Compass has a One Time Construction Program for Professionals(Doctors, Dentists, CPA's, and Attorney's). Program benefits include:

-No Mortgage Insurance.
-90% LTV up to $1M(w/ loan amounts up to $1.75M).
-Lock long term rates up front.
-Cost Savings- One application/one closing for constructon and permanent loan.

Program available in CA, AZ, NM, CO, TX, AL and FL.

Please contact me for more details.

Regards,
-Matt Brozek
BBVA Compass
NMLS# 8985
Ph: 916-671-4028
Email: Matthew.Brozek@bbvacompass.com
0 votes
K. Nathan, , Plano Community Home, Plano, TX
Tue Apr 26, 2011
Anyone offering doctors construction loan in Delaware?
knathan@kw.com
0 votes
Yes! My name is Matt Albert (NMLS# 658999) and I am a Doctor/Physician Loan Specialist with RBS Citizens/Charter One Home Loans. I have been specifically working with physicians for over 12 years. We cover licensed medical physicians, residents, interns and fellows, which include MDs, DOs, along with DMDs and DDS. We provide financing of 95% up to $850,000, 89% to $1 million AND 89% to $1 million for a one time close construction Doctor Loan, all with NO PMI! We offer our Doctor Program in the following states:

Connecticut, Delaware, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, Washington DC, West Virginia. *Additional States are possible on an exception basis, exceptions also possible in regards to loan amounts on a case by base basis*
Feel free to see my profile for contact information if you have any questions. Good luck!
Flag Sun Mar 1, 2015
Coconut1947, Home Owner, Sacramento, CA
Mon Jan 24, 2011
Hi TJ PhD,

Wondering if you have any updated numbers for the Regions Bank and Bank of America contacts. Those seem to be out of service or a fax line. Thanks so much!
0 votes
, ,
Sun Jan 9, 2011
75% to 80% maybe. I don't think you will find anyone offering 100% financing on a construction loan, even if they offer other special terms to doctors.

In addition to B of A, I strongly suggest to talk to representatives with Wells Fargo and U.S. Bank.

Happy funding, Rudi
Web Reference:  http://www.umboc.com
0 votes
Coconut1947, Home Owner, Sacramento, CA
Thu Jan 6, 2011
I will check these sources out. Thank you all very much for the info!
0 votes
jjacobsDO, Landlord,
Thu Jan 6, 2011
My Law Firm and Real Estate Offices have used a few different lenders as stated below on several reported instances and have received 90-100% LTV with NO MI, great rate/term, standard fees, Jumbo amounts included.
The special Doctor / Attorney program does allow for construction lending so you should reach out to these Bankers as they most likely can help you. The only web site I had available is listed here as well.
Regions Bank, Carol DaMerco 904-564-3321
BBVA Bank, Tom Callahan 904-591-6722
Bank of America Charlie Stone 818-320-1120

Good luck to you, TJ PhD
0 votes
Jim Hamilton, Agent, Folsom, CA
Thu Jan 6, 2011
Agree with Mike. Check with BOA.
0 votes
Mike Malvey, Agent, Fort Collins, CO
Thu Jan 6, 2011
Check with your local Bank of America because they have great loans for doctors with higher LTVs.
0 votes
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