Physician Bank

We launched Physician Bank in February 2022. You may be wondering how it’s going. The short answer is very well! But wait, you are probably wondering who we are.

To properly introduce you to Physician Bank, here are 6 things we think you should know:

#1 – Our name is Physician Bank 

Not Physicians Bank, or Physician’s Bank or Physicians’ Bank or Physician Banks. We did consider adding an “s” but decided against it. We’re the one and only Physician Bank.

#2 – We Do Business Nationwide

Physicians in any state are welcome to apply for loans or open accounts though our website. Whether you’re a Physician in Alaska or a Veterinarian in South Dakota, we’ve got your back.

#3 – How Can You Find Physician Bank?

We made it easy for you to find us online at PhysicianBank.com.

You can also find us on Physician Bank LinkedIn and Physician Bank Facebook. Like us, please!

If you are or know medical students or residents, you can send a link to our page directed specifically to them:

https://www.PhysicianBank.com/medical-students/

https://www.PhysicianBank.com/residents/

#4 – As our Client, You Receive Exclusive Private Banking Services

This means access to a dedicated Private Banker with flexible after-hours, along with our in-house Credit Coach.

#5 – We Offer a Suite of Products Tailored for Physicians:

Home Loans and Refinancing

Including our most sought-after Physician Home Loan featuring:

100% financing¹
90-day locks²
Leniency toward student loan debt³
We pay private mortgage insurance (PMI) fees

And much more…

Personal Loans

Featuring:

An easy on-line application process
Funding in as few as 5 days

Flexible repayment terms
No collateral requirements

Deposits

Notably, our Physician eCentive™ Account, which pays premium interest rates on qualifying balances up to $100,000.⁴

Also, qualifying eCentive™ customers receive automatic fee reimbursement at any of the half million ATMs nationwide, up to $25 per month.⁵

More information on all these products is available on the Physician Bank website.

#6 – The Physician Home Loan is our Leading Product

This loan is exclusively available to individuals who have earned one of the following degrees:

Doctor of Medicine, MD
Doctor of Dental Medicine, DMD
Doctor of Dental Surgery, DDS
Doctor of Optometry, OD

Doctor of Osteopathic Medicine, DO
Doctor of Podiatric Medicine, DPM
Doctor of Veterinary Medicine, DVM
Registered Pharmacist, RPh

Thanks for reading a little about us, we appreciate your time. Learn more about us at Physicianbank.com and make sure to follow us on LinkedIn. Going forward, we look forward to sharing more of our journey with you!

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 When the Physician eCentive® bank account qualifications are met, balances up to $100,000 will earn that qualification rate for the entire statement cycle. Balances of $100,000.01 and above will receive that qualification rate for the entire month. If applicable, sales tax will be applied to service charges for accounts opened in Iowa.
⁵ Must meet qualifications (Refunds for domestic ATM fees charged by other ATM owners and MasterCard cross border/currency conversion fees for debit card foreign transactions)

Interest Rates Effective Since December 27, 2022.

Physician Bank

140 North Phillips Avenue #101A, Sioux Falls

Kazvin Marfatia ★★★★★ 2 months ago

My fiancé and I are so grateful we got to work with Julie! As first time home buyers, the home buying process can be daunting but we honestly could not have had a better experience. Julie is available night and day to address any of our … More concerns and her responses are always very prompt. We valued how organized she is and would recommend her expertise to anyone. Thank you Julie!!! Looking forward to working with you again in the future :)

Kirbi Sullivan ★★★★★ 4 months 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.

Cristina Toledo-Cornell ★★★★★ 4 months 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!

Trinh To ★★★★★ a week ago

We had the utmost pleasure to work with Julie Velline. She is amazing!!! She helped us close the house in 4 days!! She honestly did God's work and made our dream come true. We were with another lender for 2.5 weeks and were not satisfied … More with their service. The previous lender clearly did not specialized in physician loans like we thought they do. Otherwise, they wouldn't have made the process more complicated than what it really is. It was the constant back and forth and none of our goals were being met. You would think there'll be minimal issues when you have 1 pharmacist and 1 medical physician in the household with 2 incomes. We had major headaches with the previous lender before we finally gave up on them and decided to be brave to reach out to a new lender during the buying process!! I called 1-2 other lenders and they all gave me the realistic answer of "No, we need at least 3-4 weeks to gather all the paperwork and process the loan". It was understandable considering we were with another lender for literally 2.5 weeks yet no loan was officially closed. I finally reached out to Julie for one final effort… and it was on Labor Day, 9/4! I did not anticipate any response due to the holiday and clearly all the banks would be closed. However, Julie responded!! She said they were closed for the holiday but she was willing to look over our documentation. I asked her if she can realistically help us close the loan on our closing date & she said "I don't see why not??". I was nearly in shock. My boyfriend and I sent over all the required documents. Julie and her processor literally worked around the clock for 2-3 days straight, I tell you! She was super responsive to her emails and worked like no other. She made sure to take care of us and to meet our goal of closing the house on 9/13/23. Honestly wow. Everyone we encountered during this buying process was nice and enjoyable to work with. They clearly know what they're doing and clearly have worked with other physicians and healthcare professionals before. They know how doctors live their life and their typical situations. They didn't have much questions regarding our background and finances. A+++ for Physician Bank and Julie! We are truly thankful for you.

Benjamin Moreno ★★★★★ 2 months ago

This summer my wife and I purchased our first home and had the opportunity to work with Jeff Asche. Jeff was very responsive and punctual when it came to addressing any concerns, and his experience of the entire process was evident throughout. … More Most importantly, Jeff helped my wife and I accomplish our biggest objective out of the entire process. With his help, we managed to time our purchase perfectly with the end of our lease. I could not have imagined a smoother transaction without Jeff!

Fernando Zayas Bazan ★★★★★ 3 months ago

Physician Bank helped me secure a home loan at a great interest rate. We just closed June 12th 2023! Thank you Ryan and Physician Bank for making this sooo smooth!

4.9 61 reviews

Kazvin Marfatia ★★★★★ 2 months ago
My fiancé and I are so grateful we got to work with Julie! As first time home buyers, the home buying process can be daunting but we honestly could not have had a better experience. Julie is available night and day to address any of our … More concerns and her responses are always very prompt. We valued how organized she is and would recommend her expertise to anyone. Thank you Julie!!! Looking forward to working with you again in the future :)
Kirbi Sullivan ★★★★★ 4 months 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.
Cristina Toledo-Cornell ★★★★★ 4 months 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!
Trinh To ★★★★★ a week ago
We had the utmost pleasure to work with Julie Velline. She is amazing!!! She helped us close the house in 4 days!! She honestly did God's work and made our dream come true. We were with another lender for 2.5 weeks and were not satisfied … More with their service. The previous lender clearly did not specialized in physician loans like we thought they do. Otherwise, they wouldn't have made the process more complicated than what it really is. It was the constant back and forth and none of our goals were being met. You would think there'll be minimal issues when you have 1 pharmacist and 1 medical physician in the household with 2 incomes. We had major headaches with the previous lender before we finally gave up on them and decided to be brave to reach out to a new lender during the buying process!! I called 1-2 other lenders and they all gave me the realistic answer of "No, we need at least 3-4 weeks to gather all the paperwork and process the loan". It was understandable considering we were with another lender for literally 2.5 weeks yet no loan was officially closed. I finally reached out to Julie for one final effort… and it was on Labor Day, 9/4! I did not anticipate any response due to the holiday and clearly all the banks would be closed. However, Julie responded!! She said they were closed for the holiday but she was willing to look over our documentation. I asked her if she can realistically help us close the loan on our closing date & she said "I don't see why not??". I was nearly in shock. My boyfriend and I sent over all the required documents. Julie and her processor literally worked around the clock for 2-3 days straight, I tell you! She was super responsive to her emails and worked like no other. She made sure to take care of us and to meet our goal of closing the house on 9/13/23. Honestly wow. Everyone we encountered during this buying process was nice and enjoyable to work with. They clearly know what they're doing and clearly have worked with other physicians and healthcare professionals before. They know how doctors live their life and their typical situations. They didn't have much questions regarding our background and finances. A+++ for Physician Bank and Julie! We are truly thankful for you.
Benjamin Moreno ★★★★★ 2 months ago
This summer my wife and I purchased our first home and had the opportunity to work with Jeff Asche. Jeff was very responsive and punctual when it came to addressing any concerns, and his experience of the entire process was evident throughout. … More Most importantly, Jeff helped my wife and I accomplish our biggest objective out of the entire process. With his help, we managed to time our purchase perfectly with the end of our lease. I could not have imagined a smoother transaction without Jeff!
Fernando Zayas Bazan ★★★★★ 3 months ago
Physician Bank helped me secure a home loan at a great interest rate. We just closed June 12th 2023! Thank you Ryan and Physician Bank for making this sooo smooth!

Physician Bank - 6 Things to Know About Us

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