Academy Bank
Academy Bank has established a top-tier Professional Loan Program. With extensive experience in the mortgage field and a specialized focus on serving Physicians, Dentists, and various other Professionals, Cole Griggs leads the way. Our commitment is to provide a seamless and expert experience for all buyers, guiding them from start to finish.
Loan Officers
Cole Griggs
(NMLS #1950167)
STATES: AZ, AR, CO, KS, MN, MO, TN
EMAIL: [email protected]
PHONE: 317-446-0904
STATES: AZ, AR, CO, KS, MN, MO, TN
EMAIL: [email protected]
PHONE: 317-446-0904
Terms:
- 100% Financing up to $1 million, 97% Financing up to $1.25 million, 95% financing up to $1.5 million, 90% financing up to $2 million.
- No Private Mortgage Insurance.
- Financing available for Single Family Residences.
- Available to US Citizens, Permanent Residents, and Non-Permanent Residents.
- 720 Minimum Credit Score Required.
- Available to many other professions as listed below.
Professions:
MD, DO, DDS, DMD, Resident, Fellows, NP, DVM, CPA, OD, Pharmacist, Attorney
Strengths:
- Student Loan Debt omitted in debt ratios if deferred at least 12 months.
- Ability to use income based repayment schedule if not deferred for 12 months.
- No restriction on time in the field.
- Gift Funds allowed for closing costs, down payment, and reserves.
- Retirement Accounts acceptable for reserves.
- 1099 Income without a 2 year history allowed with a guaranteed minimum.
Disclaimer:
