I have a client that is closing on a new home and was exploring this route. Currently looking at 10 year ARM. How do rates in this space differ from traditional options?

I don't have one but usually they offer very good rates. The bank wants the office business and wealth management

Give my boy Gene an email.

gene.zink@bbva.com

+1 (972) 897-4120

I've used him twice and have been very shoot with his rate and his ability to get things done.

Will do, thanks!

flyingaggie12 said:

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I have a client that is closing on a new home and was exploring this route. Currently looking at 10 year ARM. How do rates in this space differ from traditional options?

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Did one through BBVA but since they just got bought by PNC I don't know if they are still doing them. Suntrust does a lot.

Rates typically don't differ much. The advantage for a Physician loan is no PMI with 100-90% financing and I think student loans don't have as much of an impact in the ability to get a loan. Usually advantageous for new physicians. If those don't interest you then there might be better options to look at, jumbo loans are fairly competitive if you shop around.

I did a Jumbo 7 yrs ago with UFCU credit. 2.5%, 20% down Doc 30 yr which was much better than a conventional 30 yr.

I believe they still do these doc loans but not sure about terms.