Don Crabtree, Doctor Loan and Jumbo Loan Specialist, Loan Officer

SunTrust Mortgage

Don Crabtree Photo
Don Crabtree, Doctor Loan and Jumbo Loan Specialist, Loan Officer

SunTrust Mortgage

NMLSR#:476364
-Hide Locations

46175 Westlake Dr. Suite 350

Sterling, VA 20165

2401 Centreville Rd.

Herndon, VA 20171

22350 S. Sterling Blvd.

Sterling, VA 20164

3402 Wisconsin Ave. NW

Washington, DC 20016

About

For more information on the best Doctor Loan Program available, the Premier Jumbo Loan product or the many other mortgage financing programs we offer, please feel free to call Don Crabtree at 571.215.5457.

Advantages of Doctor Loans:

  • Fixed or adjustable-rate options
  • Up to 100% financing and no monthly mortgage insurance payments
  • Favorable repayment terms provide flexibility to meet your financial reality

For Licensed Residents/Interns/Fellows in MD and DO programs, we offer:

  • Maximum of 100% financing for purchases and rate/term refinances
  • There is a maximum loan amount of $750,000

For Practicing Doctors (MD, DO, DDS, DMD, DPM), we offer:

  • 100% financing for loans up to $750,000
  • 95% financing for loans up to $1 Million
  • 89.99% financing for loans up to $1.5 Million
  • Please note: Doctors with over ten years post training experience are limited to maximum 89.99% financing. These Doctors need to be members of SunTrust Private Wealth Management or belong to a practice that is part of SunTrust Private Wealth Management to be eligible for this product. Subsequent time spent as a teaching attending or in a fellowship program doesn't count in this ten year period.

What you'll need to consider:

  • Loans are available in select states (AL, AR, DE, FL, GA, MD, MS, NC, SC, TN, VA, WV, DC and select counties in PA)
  • State law may put further restrictions on maximum loan-to-value ratio
  • Adjustable-rate mortgages have interest rates that may increase during the life of the loan
  • 100% mortgage financing will result in no property equity until the borrower pays down the loan principal through regular mortgage payments and/or the property value appreciates
  • A down payment may be required if the property is located in a declining market

The Doctor Loan program is available only in Alabama (AL), Arkansas (AR), Delaware (DE), Florida (FL), Georgia (GA), Maryland (MD) , Mississippi (MS), North Carolina (NC), South Carolina (SC), Tennessee (TN), Virginia (VA), Washington, D.C., West Virginia (WV); and the following counties in Pennsylvania: Adams, Chester, Franklin, Lancaster and York.

Don is a Producing Branch Manager who specializes in serving the mortgage financing needs of licensed medical physicians, dentists, podiatrists, medical residents, interns and fellows, which include both medical doctors (MD) and doctors of osteopathy (DO) and doctors of podiatric medicine (DPM). Overall, Don is consistently one of the top loan officers at SunTrust Mortgage in his region. He is exceptionally knowledgeable about all mortgage loan products and his 20+ years of mortgage experience matters when it comes to helping you choose the best option to meet your financial needs.

Don has been the recipient of the President's Club Award with his former company in his recent years for his production and service and owes some of this success to his unique background as a processor and underwriter - a rare find among his peers.

Don's team will listen to your specific needs, answer your questions and attend to your financial needs thoroughly and beyond. To him, service matters from day one to loan closing. As a result of his award winning service, much of his business comes from repeat clients and recurrent referral sources that include past physician clients, Realtors®, physician recruiters, financial professionals and others.

Don is a married father of two and an active member of his community and the Department of Family Services in Loudoun County.

Continue Reading