Loan Officer: Jim Secrest
States: AZ, AR, CO, FL, IL, IN, IA, KS, MN, MO, NE, OK, TX, WI

Terms:

  • 100% mortgage financing up to $1,000,000
  • 95% mortgage financing up to $1,500,000
  • 90% mortgage financing up to $2,000,000
  • Term offered are a 5 year, 7 year or 10 year arm, fixed for that period of time on a 30 year note
  • Single Family, Owner Occupied, Primary Residence only
  • Income based on contract salary and will close up to 90 days before you start, exceptions to extend longer can happen if warranted/approved.
  • Minimum Credit Standards apply.
  • Student loan debt, $0 counts in debt calculation for Residents, .5% of outstanding debt used for debt calculation for practicing MD’s.

Professionals:

  • You have to be a practicing physician, MD or in Residency.

Strengths:

  • I pride myself on communication and being accessible, you can get me on my cell phone 24/7.
  • We portfolio these loans which means you stay with Great Southern Bank for the life of the loan.
  • Common sense underwriting for both Self-Employed and W-2 physicians.
  • We are known in the market for having competitive pricing.
  • No pre-payment penalty.
  • Gift Funds accepted.
  • No Private Mortgage Insurance.
  • Up to 43% debt ratio.
  • H1B Visa accepted.
  • We can use income from the non-physician to help qualify.
  • Non-Warrantable Condo’s OK

Jim Secrest (NMLS #1104170) can be reached at 913-634-2323 or [email protected]