Ken Reichner, Doctor Loan Specialist, Loan Officer

SunTrust Mortgage

Ken Reichner Photo
Ken Reichner, Doctor Loan Specialist, Loan Officer

SunTrust Mortgage

NMLSR#:659697
Phone Number
Phone

866.903.6756

Mobile Number
Cell

954.647.9708

Fax Number
Fax

954.337.3884

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1200 Weston Rd. 2nd. Floor

Weston, FL 33326

4480 Weston Road

Davie, FL 33331

About

Ken Reichner is a top producing (2015, 2016) and dedicated loan officer specializing in meeting the residential mortgage needs of MDs (Medical Doctors), DOs (Doctors of Osteopathy), as well as DMD/DDS (Doctors of Dental Medicine-Dental Surgeons, Orthodontists and General Dentists). The Doctor Loan program features a variety of fixed and adjustable-rate mortgages with up to 100% financing and no monthly mortgage insurance payments. Since 2007 Ken has applied his considerable experience and expertise to assure every one of his SunTrust clients receives the very best service and the most appropriate custom tailored solution for their home purchase or refinance. With a thorough understanding of the SunTrust Mortgage Doctor Loan Program, Ken has helped many physicians and dentists achieve the dream of homeownership.

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), 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.

For more information or to prequalify today, please call or text Ken at 954.647.9708 or e-mail him at ken.reichner@suntrust.com.

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