What Is Academy Bank’s Premier Choice Home Loan Program? A Guide from Cole Griggs

Hi, I’m Cole Griggs, a mortgage loan officer at Academy Bank, and if you’re a busy professional looking to buy a home, I want to introduce you to Academy Bank’s Premier Choice Home Loan Program. Unlike traditional mortgages, this program is tailored specifically for high-achieving professionals in demanding fields like medicine and law. And one of the biggest perks? No mortgage insurance (MI) is required.

Let’s dive into why that’s a game-changer and how the Premier Choice Loan Program helps you purchase a home while keeping your financial goals intact.

1. No Mortgage Insurance = Big Savings on Your Mortgage Payment

For many homebuyers, private mortgage insurance (PMI) is an added expense that can cost hundreds of dollars each month. The Premier Choice Loan Program eliminates this cost, freeing up money for more important things—whether that’s upgrading your home, paying down student loans, or boosting your retirement savings.

2. Up to 100% Loan-to-Value (LTV) Financing for your Home Loan

Saving for a down payment is one of the biggest hurdles to homeownership. But with this special mortgage offer, you can purchase a home with 0% down while still skipping mortgage insurance. That means you don’t have to drain your savings to buy a home—you can keep your cash for other financial goals* while securing a mortgage with no extra MI costs.

3. Same Rates for Jumbo Loans

If you’re buying in a high-cost area or looking at a larger home, you’ll love this: The Premier Choice Loan Program offers the same competitive rates, even on jumbo home loans. That’s a huge benefit compared to conventional lenders, who typically charge higher interest rates for large loan amounts.

4. Mortgages for Professionals

This program was built specifically for professionals with demanding careers. If you’re a doctor, lawyer, pharmacist, military officer (O4 and above), or in a similar field, you may qualify. With a minimum credit score of 720, you can access a mortgage that’s tailored to your unique financial situation.

5. Why Settle for a Standard Mortgage?

Traditional home loans weren’t designed with professionals in mind. With the Premier Choice Loan Program, you get a mortgage that works for you—eliminating the hassle of MI, minimizing upfront costs, and giving you more buying power with zero down and low rates

Let’s Talk About Your Homeownership Goals!

If you’ve been holding off on buying a home because of mortgage insurance costs or down payment concerns, let’s chat! I’d love to walk you through how the Premier Choice Loan Program can make homeownership more accessible and financially smart for you. Reach out to me today, and let’s get started.