First Citizens Bank

Thank you for your interest in First Citizens Bank!  We offer physician loans at 100% financing to $1,000,000, 95% to $1,250,000, as well as higher loan sizes with tiered down payments.  Options include purchase and refinance of primary and secondary residence as well as construction to permanent financing.  There is no PMI on our Medical Mortgage products and no limit on years in practice for established physicians.  The minimum credit score for this program is 680.  Treatment of student loan payments in calculating debt to income ratios can often be of concern to physicians; but we are very flexible on how we underwrite deferment and income based repayment.  Loans may close up to 60 days prior to employment start date.  This program is open to US citizens, permanent, and non-permanent residents.


Loan Officers

Valerie Leonard (NMLS #415176)
EMAIL:  [email protected]
PHONE:  864-630-0921


Fixed rate and ARM options depending on loan amount and occupancy type. Primary residence – 100% financing up to $1,000,000; 95% up to $1,250,000; 90% up to $1,500,000; 80% up to $2,000,000; 75% to $3,000,000. Second home – 89.99% financing up to $1,250,000; 85% up to $1,500,000; 80% up to $2,000,000. Construction and Renovation – 89.99% financing up to $1,500,000; 85% up to $1,750,000. Minimum credit score – 680. Eligible borrowers include US Citizens, Permanent Resident Aliens, and Non-Permanent Resident Aliens


MD, DO, DDS, DMD, Resident, Fellows, PA, NP, CRNA, DC, OD, DPM


Program is open to all qualifying doctors regardless of years in practice, flexible underwriting on student loans, down payment and reserves may be gifted, excellent client service, and retained loan servicing.  I specialize in physician lending and have over 20 years of experience in mortgage loan originations.  I also have prior experience in loan processing and underwriting.  Our origination and fulfillment teams have a great partnership environment and I’m confident in our ability to deliver a smooth and stress free experience. Apply online here.