Central Bank

Central Bank has established a top-tier Professional Loan Program. With extensive experience in the mortgage field and a specialized focus on serving Physicians, Dentists, Attorneys, 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:  AR, CO, FL, IA, KS, MO, NC, OK
EMAIL:  [email protected]
PHONE:  317-446-0904

Terms

  • 100% Financing up to $1.25 million (up to 1.5mm in CO & FL), 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
  • 700 Minimum Credit Score Required
  • Available to many other professions as listed below

Professions

MD, DO, DDS, DMD, Resident, Fellows, Attorney, Engineers, Professor w/PHD employed by University

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 & RVU based Income without a 2 year history allowed with a guaranteed minimum.

Disclaimer

Owner occupied, single-family dwellings only. Purchase of primary residence or rate-term refinance. 1Offered to residents or fellows earning at least $45,000 per year. All other eligible professions require earnings of at least $90,000 per year. This is not a commitment to lend or extend credit. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. All rates, programs and fees are subject to underwriting guidelines and are subject to change without notice. Other restrictions may apply. See bank for details. The Central Trust Bank NMLS #407985 MEMBER FDIC 238 Madison St, Jefferson City, MO 65101. Copyright Central Bancompany. All rights reserved. Equal Housing Lender.