Richard Ricci, Doctor Loan and Jumbo Loan Specialist, Loan Officer

SunTrust Mortgage

Richard Ricci Photo

Richard Ricci, Doctor Loan and Jumbo Loan Specialist, Loan Officer

SunTrust Mortgage

NMLSR#:659699

Phone Number

Phone

855.501.6730

Mobile Number

Cell

904.994.0847

Fax Number

Fax

844.402.7701

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12929 Atlantic Blvd.

Jacksonville, FL 32225

9890 Hutchinson Park Dr.

Jacksonville, FL 32211

3720 South Third St.

Jacksonville Beach, FL 32250

13728 Beach Blvd.

Jacksonville, FL 32224

About

Since graduating with a business degree from the University of Florida, Richard Ricci has made mortgage lending and quality of service his passion. Richard is a Vice President who has won several awards based on production and customer service throughout his 10+ years as a top loan officer with SunTrust Mortgage. These awards include the Performance Excellence Award, the Gold Award, multiple Top Service Quality Awards and multiple Chairman's Team Awards. Even though Richard specializes in SunTrust's industry leading Doctor Loan program (see details below), he is also an expert in all types of mortgage loans, including conventional, VA, FHA, Jumbo and new construction.

Basic courtesies in customer service seem to be disappearing in our modern workplace, but if you want someone who will always return your calls, continually keep you apprised of the progress and details of your mortgage and will always be available to work on your best interests, then Richard is the loan officer to call. Please apply online or give Richard a call to start the process today.

Doctor Loan / Physician Loan / Resident Loan / Dentist Loan / No PMI

Advantages of Doctor Loans:

  • Fixed or adjustable-rate options
  • Up to 100% financing and no monthly mortgage insurance payments (No PMI)
  • Competitive Pricing

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
  • No PMI

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.

* The Doctor Loan Program features a variety of fixed and adjustable-rate mortgages with up to 100% financing and no monthly mortgage insurance payments (state restrictions on Loan to Value may apply). Available only in AL, AR, DE, FL, GA, MD, MS, NC, SC, TN, VA, WV, DC and select counties in PA to licensed residents, interns, fellows in MD, DO and DPM programs and licensed physicians and dentists (MD, DO, DPM, DDS, DMD) who have completed their training within last ten years. Doctors with over ten years post training need to be members of SunTrust Private Wealth Management or belong to a practice that is part of Private Wealth Management to be eligible for this product. Ten year restriction does not apply when refinancing an existing SunTrust Doctor Loan. Borrowers should note that 100% mortgage financing will result in no property equity until such time as the loan principal is paid down through regular mortgage payments and/or the property value appreciates. Additionally, if property values decline you could owe more than your property's value. Some equity may be required if the property is located in a declining market or if required by state regulations. Other restrictions may apply, please consult your loan officer for details.

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