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Physician Loans

$0 Down Payment
Physician Loans

Our suite of physician loan products are offered exclusively to practicing physicians, and medical residents. Financing is available in all 50 U.S. states for home purchases, home refinancing, personal loans and business loans.

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Physician Loans For Doctors

Home Mortgage Loans estimate

Physician Bank offers physician mortgage loans, private banking services and personal loans for licensed physicians in all 50 U.S. states.  Licensed physicians with the following medical degrees can qualify for financing with Physician Bank: Medical Doctor (MD), Doctor of Dental Surgery (DDS), Doctor of Medicine in Dentistry (DMD), Doctor of Optometry (DO), Doctor of Osteopathic Medicine (OD), Doctor of Podiatric Medicine (DPM), Doctor of Veterinary Medicine (DVM), or Registered Pharmacists (PharmD).

Physician Home Loans by Physician Bank are only available through www.physicianbank.com.

  • 100% financing1
  • 90 day locks2
  • Leniency towards student loan debt during decisioning3
  • No private mortgage insurance fees (PMI)
  • DTI up to 45%4
  • Single family dwellings, townhome, condo and 4-unit owner occupied purchases

Additionally, qualified physicians can obtain mortgage financing up to $4,000,0005. Medical residents and practicing physicians may apply. Contact us today to learn more!

1 100% financing available on purchase loans up to $1,000,000. Property use must be primary residence.
2 Subject to terms and conditions of the lock agreement.
3 .5% of student loan balance used as monthly qualifying payment.
4 Maximum DTI is 45%
5 Subject to approval, 100% financing not available on loans over $1,000,000. Contact us to learn more.

Flexible FINANCING For Physicians

Physician Home Loans
Physician Home Loan

$0 down payment on loans up to $1M for qualified physicians.

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Home Refinance Loans
Refinance Loan

Cash-out and Rate & Term refinancing available.

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Personal Loans
Personal Physician Loans

Financing up to $200,000, flexible repayment terms.

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BANK DEPOSIT ACCOUNTS
Physician eCentive® Account
Physician eCentive Account
Your checking account, amplified.

Earn high interest while maintaining the checking account functionality you need.

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Jumbo Deposit Account
Jumbo Deposit Account
Your savings, safe and secure.

A high-yield interest-bearing savings account with flexible options to ensure deposits up to $7 million can be fully FDIC insured.

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Health Savings Account
Health Savings Account
Health funds, conveniently.

An interest-bearing account allowing eligible individuals to save for current and future qualified medical expenses. To be used in conjunction with high-deductible health insurance plans.

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Convenient Digital Mortgage Lending

Enter your number and we’ll text you a link to download Physician Bank’s mobile app for Physician home loans.

By sending your phone number you agree to receive automated messages from Physician Bank to this mobile phone number. Standard SMS rates apply.

The 100% financing option while we started our first post-residency job, their rapid and efficient response rate to our questions and our numerous changes in schedule that occurred with our builder, and the absence of PMI were all extremely helpful.

Dr. David Ogden, UT

The entire team was easy to work with & made our loan a seamless process for buying a home. Being able to avoid PMI is an awesome benefit.

Dr. Sayer Mansfield, TX

The Physician home loan was exactly what we needed and our lending specialists, Chris, made buying our home easy and enjoyable.

Dr. Moe Reno, NV

Being able to have a 0% down payment was convenient and made it feasible to buy property right out of school. The Physician Bank team was super easy to work with and responsive to our needs either via text, call or email!

Dr. Catibog Roseville, MN

Kept us informed all throughout the process and was very patient with our questions. We cannot recommend this institution and Julie Velline enough. Thank you!

Dr. Radu Minot, ND

    Physician Bank

    140 North Phillips Avenue Unit 101a, Sioux Falls

    4.9 41 reviews

    • Avatar Kirbi Sullivan ★★★★★ 3 weeks ago
      Matt was the best! Wonderful to work with and made the process so easy. Very responsive and easy to get ahold of 24/7. Great option for first time home buyers and young physicians in residency. My husband looked at several options for mortgages … More and the Physician Bank team was by far the best. Juanita was also wonderful and very helpful! Will definitely be recommending to other physicians looking to buy.
    • Avatar Cristina Toledo-Cornell ★★★★★ a month ago
      I worked with Teresa DeWolf anf her awesome team and I could not be happier with their professionalism, engagement, efficiency and overral stellar costumer service. I have now referred her and her team at Physicians bank to other colleagues … More and family. She gave ne a great rate and I am a seasoned Buyer (4th home). The process is seameless and the app super user friendly. I could not have asked for a more seameless experience on getting a loan! Thank you!! Picture of my new home bellow!
    • Avatar Nicolette Stanton ★★★★★ a week ago
      Physician Bank has provided a great experience with buying our first home. Ryan Kaufman was who we worked with and he was amazing! Very knowledgeable, always willing to answer questions and very timely responses! He was a pleasure to work … More with. Highly recommend!!
    • Avatar Johnny Holm ★★★★★ 3 months ago
      I've closed several loans with Matt Velline and have every intention to only use his services in the future! Not only is Matt very experienced and knowledgeable, but makes himself available outside "banker hours!" That is … More a huge benefit to working with him. A true professional and a very patient and thorough loan officer! Matt and Physician Bank are the best!
    • Avatar Jessica Levy ★★★★★ 5 months ago
      Our experience with Matt, Tanya & Juanita has been great! They took the time to answer all of our questions and ensure we felt comfortable throughout the entire process, even with the closing of our home falling over the holidays. We … More are so appreciative of all their support. Would definitely recommend!
    • Avatar Josh Macke ★★★★★ a month ago
      I had an amazing experience with physician bank. I had a lender prior to physician bank that fell through but they were able to help out when the other bank could not. They were also very quick to do so. Within 5 minutes of showing interest … More I had Ryan Kaufman on the phone with me and assisting in the transition from my prior lender to their bank. Ryan was super helpful in explainging the steps and what else was needed during the whole process and was always reachable when I had questions. I recommend them to all for buying a home. I also want to awknowledge Juantia Schmunk who help set up my bank account over the phone. She was super personable and fun to talk to and after each call with her I was in a better mood. This team is great and if I ever need to buy another house I will aboslutely use them in the future. 5 stars+!!!

    Average response time <10 minutes

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