Atlantic Union Bank

At Atlantic Union Bank, we recognize the hard work you put into getting where you are today as a medical professional. Whether you have years of experience as a doctor or are a recent grad with a contract for employment, we have a home loan program designed to fit your needs.

Loan Officers

Stephanie Arcelay (NMLS #897166)
STATES:  DE, GA, IN, MD, NC, PA, TN, VA, DC
EMAIL:  [email protected]
PHONE:  615-484-6690

Terms:

0% down for loans up to $1M; 5% down from $1M to $1.5M; 10% down from $1.5M to $2M

No mortgage insurance

No limit on the length of time out of residency

Student loans deferred for at least one year may be excluded from debt-to-income qualifications

Qualify using future income with an employment contract and a start date within 90 days of closing

Eligible for interest rate discount with an automatic payment from an Atlantic Union Bank deposit account

Fixed and adjustable-rate options

Professions:

MD, DO, DDS, DMD, Resident, Fellows, DVM, DC, OD, DPM, Pharmacist

Strengths:

Combine our Medical Professionals Home Loan with our Certified Buyer Pre-Approval Program, which isn’t your standard pre-qualification. We’ll fully underwrite your loan to determine how much you could be approved for by verifying your information and documentation. This can make you as attractive as a cash buyer when negotiating for your home and may even make the difference between your offer being accepted over another!

Close your loan in as little as 10 business days after pre-approval. Compete directly with cash buyers and remove the need for a financing contingency.

Disclaimer:

*Maximum loan amount for licensed medical residents and interns is $750,000.

Atlantic Union Bank NMLS #551889. This is not a commitment to lend or extend credit. All loans, credit and collateral are subject to approvals. Terms, rates, data, programs, information and conditions are subject to change without notice. Specific program restrictions may apply so please consult your dedicated Mortgage Loan Officer for complete details. Owner-occupied residences only (single family homes, Fannie/Freddie warrantable condos and townhomes). Borrower(s) may only have one (1) Medical Professionals Program serviced by Atlantic Union Bank at any time. Not all loans or products are available in all states.