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Specialty Mortgage Financing for Medical Professionals

The information contained herein is intended as informational material for the sole and exclusive use of the business entities to which it was distributed and is subject to change without written notice.

Truist Bank is an Equal Housing Lender. ©2020 Truist Financial Corporation. SunTrust, Truist, SunTrust Mortgage, and the SunTrust now Truist logo are service marks of Truist Financial Corporation. REV011020KM-R

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What is the Doctor Loan?1

The Doctor Loan Program is a residential mortgage loan specifically created for licensed medical

professionals to help make obtaining mortgage financing easier and more hassle-free.

The program is designed to flex to the needs of physicians and dentists, and our loan officers are experts at working within busy schedules. Since each loan is subject to individual underwriting credit approval

and additional qualifications, it is important to continue the conversation with your loan officer.

Eligible Doctors:• Licensed Residents/Interns/Fellows in MD, DO and DPM programs

• Medical Doctors (MD)

• Doctors of Osteopathy (DO)

• Doctors of Dental Medicine - Dental Surgeons, Orthodontists, General Dentists (DMD/DDS)

• Psychiatrists licensed as a Medical Doctor

• Podiatrists (DPM)

1 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 fifteen years. Doctors with equal to or over fifteen 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. Fifteen year restriction does not apply when refinancing an existing SunTrust Doctor Loan. Other program restrictions may apply, please consult your loan officer.

31 Fifteen year restriction does not apply when refinancing an existing SunTrust Doctor Loan. 2 Adjustable Rate Mortgage (ARM) products have interest rates that may increase after consummation.3 Cash-Out Refinance not currently offered in Texas. Availability and cash-out amount are both subject to loan-to-value ratio requirements.

Availability:• In some states, the Doctor Loan

product requires a pre-existingdepository relationship and is notavailable for properties located inAlaska, Arizona, Hawaii and Oregon,contact your loan officer for details

Eligibility:• Licensed Residents, Interns,

Fellows in MD, DO andDPM programs

• Licensed Physicians and Dentists(MD, DO, DDS, DMD, DPM) whohave completed their trainingwithin the last fifteen years1

• Doctors with over fifteen years posttraining need to be a client of, orbelong to a practice that is a clientof SunTrust PrivateWealth Management

Doctor Loan Mortgage Features

Loan Terms:• Fixed or adjustable rate2 mortgages

Purpose:• Purchase

• Rate/Term Refinances

• Cash-Out3 Transactions

Occupancy/Property Types:• Primary residence

• One unit properties

• Attached or detached properties

(including Row Houses)

• Leasehold properties (excluding Georgia Power)

• Condos and PUDs (Warrantable Condos only,additional 5% down payment/equity requiredfor condos)

41 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 property values decline you could owe more than your property’s value. Additional LTV restrictions may apply.

Doctor Loan Program Features

Maximum Loan Amount

Financing Available Up To

During internship, residency and fellowship in MD, DO and DPM programs

$750,000 100%1

Physicians and Dentists (MD, DO, DDS, DMD, DPM)

< Ten years since completion of training (residency or fellowship)

$750,000 100%1

$1,000,000 95%

$1,500,000 89.99%

Ten up to fifteen years since completion of training (residency or fellowship) and more than fifteen years since completion of training for SunTrust Private Wealth Management clients*

$1,500,000 89.99%

Mortgage Insurance Not required

*If you completed your training equal to or more than fifteen years ago and are not enrolled in Private Wealth Management, please ask about the other flexiblesolutions offered by SunTrust Mortgage.

Doctor Loan Mortgage Loan Amounts

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We’re here to help!

With SunTrust Mortgage, you get an experienced mortgage provider with a personal approach. We are committed to providing excellent client service.

Should you have additional questions regarding the Doctor Loan or other available loan products, SunTrust Mortgage is here to help!

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Contact me today!

Whether you’re looking for traditional or specialty loans, our highly trained, professional loan officers will help find the

perfect mortgage solution for you.

Should you have additional questions regarding your mortgage financing needs, I’m happy to assist you.

We’re here to help.

Bob HallVP, Doctor Loan & Jumbo Loan SpecialistSunTrust now Truist404.432.1006 Cellbob.hall@suntrust.com www.suntrust.com/bob.hall NMLSR# 658867