If you are a new graduate of UAMS, or from a medical school outside of Arkansas, and you are preparing to serve your residency placement in Arkansas or selected surrounding states, we have developed a special mortgage loan that provides for 100% financing for the purchase (including closing costs) of a new home. Some salient facts about our program are:
- 100% of the purchase price plus closing costs
- No-cost, low rate personal credit lines may be added to your mortgage package
- 3/1, 4/1, and 5/1 loan terms
- No Mortgage Insurance
- No other required banking products or deposit accounts
- Deferred student loan debts not counted against your income qualification
- No set minimum credit score requirement - all cases considered
- Low rates and closing costs
- Streamlined documentation
- Closing allowed prior to the start of your residency
Your loan will be personally managed by the CEO of Riverside Bank, and you will be given quick answers and customized options that meet with your personal circumstances.
Call us at 501.614.6161 x115, email us, or apply online today and see what special options Riverside Bank can offer.
