Regions Bank recently announced a new mortgage program specifically designed for physicians. The program, called the Physician Mortgage Program, is designed to provide physicians with a streamlined mortgage process and competitive rates.
The program is available to physicians who are employed by a hospital, clinic, or other healthcare facility. It offers a variety of loan options, including fixed-rate and adjustable-rate mortgages, as well as jumbo loans. The program also offers a variety of loan terms, including 15-year, 20-year, and 30-year terms.
The program also offers a variety of benefits for physicians. For example, physicians can take advantage of a reduced down payment requirement, which can be as low as 5%. Additionally, the program offers a streamlined application process, which can help physicians save time and money.
The program also offers competitive rates. According to Regions Bank, the program offers rates that are up to 0.5% lower than the market rate. This can help physicians save money on their mortgage payments.
Overall, the Physician Mortgage Program from Regions Bank is a great option for physicians who are looking for a streamlined mortgage process and competitive rates. The program offers a variety of loan options and benefits, which can help physicians save time and money.