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Lee Harris

BBVA Compass Professional Mortgage

Tuesday, February 26, 2013 - Article by: Lee Harris - 123 - Message

Hello Lender 411 Community,

I wanted to make sure everyone out there is aware of the Professional Mortgage Solutions BBVA Compass offers for practicing Physicians, Dentists, Medical Students, Attorneys and CPAs. Our program allows 95% LTV financing up to 1 million loan amounts for any new home purchase of a single family detached property. We require very limited reserves and also waive mortgage insurance. If you are starting a new career we accept Employment Contracts as verification of income. We do not require that you are in your filed for two years. You can even close on your mortgage as long as your first paycheck falls before your first mortgage payment.

We offer the following LTV levels for loan amounts over 1 million on new home purchases

  • 90% LTV up to 1.25 million
  • 85% LTV up to 1.50 million
  • 80% LTV up to 1.75 million

Refinances and One-Time Construction Loans under our Professional Mortgage Program

  • 90% LTV up to 1 million
  • 85% LTV up to 1.25 million
  • 80% LTV up to 1.50 million
  • 75% LTV up to 1.75 million
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