Susan Edmonds, Physician Loan Specialist, Loan Officer

SunTrust Mortgage

Susan Edmonds Photo
Susan Edmonds, Physician Loan Specialist, Loan Officer

SunTrust Mortgage

NMLSR#:659597
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5303 SW 91st. Dr.

Gainesville, FL 32608

About

Integrity and outstanding client service has been paramount to Susan Edmonds' success in the residential mortgage lending business. She has been assisting clients meet their home financing goals for the last 25 years with SunTrust Mortgage. Susan specializes in residential mortgage needs for licensed medical physicians, residents, interns and fellows, which include MDs(Medical Doctors) & DOs(Doctors of Osteopathy). The program is also available for those with DMD/DDS(Doctors of Dental Medicine-Dental Surgeons, Orthodontists and General Dentists). Not a doctor or dentist? Don't worry as Susan can assist with all types of financing - Conventional, FHA, VA and Jumbo.

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. Doctors out of training over 10 years, not meeting the above requirements may qualify for our Premier Product with financing available up to 89.99% with no MI.

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

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