Home Loans for Optometrists

Are you an optometrist looking to navigate the complexities of homeownership? At Physician Bank, we recognize the unique challenges and financial needs of optometry professionals. With our extensive experience, we offer mortgage solutions specifically designed for optometrists. Our Optometrist Home Loans cater to the distinct requirements of your profession.

Answer a few questions to connect with one of our experts and learn more.

*Loans are subject to credit approval.

WHY CHOOSE A OPTOMETRISTS MORTGAGE?

Optometrist mortgages are crafted to address the specific financial hurdles faced by optometrists. These loans provide unique benefits:

Low Down Payment: Many optometrists carry substantial student loans, making it difficult to save for a large down payment. Our mortgage options enable you to purchase a home with minimal upfront costs.

Reduced Private Mortgage Insurance (PMI): In certain cases, private mortgage insurance (PMI) can be minimized, further reducing monthly payments. Explore our PMI options.

Flexible Debt-to-Income Limits (DTI): Flexible Debt-to-Income Limits: Our programs accommodate high student loans with flexible debt-to-income ratios.

By opting for an optometrist home loan, you gain access to benefits that traditional loans do not offer, ensuring a smoother path to your dream home.

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PARTNERING WITH PHYSICIAN BANK FOR yOUR OPTOMETRIST MORTGAGE

At Physician Bank, we don’t just provide mortgages; we offer a partnership rooted in understanding and support. We specialize in banking for optometrists, which means:

Personalized Service: Our team takes the time to understand your financial situation, including your income and student loans.

Expertise in Optometry Financing: With years of experience serving optometry professionals, we are adept at navigating your specific challenges.

Trust and Reliability: Trust and Reliability: We are committed to your financial journey. Beyond securing a loan, we aim to build lasting relationships with our clients.

HOW tO QUALIFY fOR AN OPTOMETRIST HOME LOAN

Get ready to take the first step towards securing your optometrist home loan! While it might seem daunting, we’ve got you covered with our easy-to-follow criteria. With Physician Bank, you’ll need to meet these six requirements to qualify.

Secure your loan approval by showing your professional credentials and employment verification. We require a stable income and optometry experience. Start your journey to enhanced visual wellness now.
Your income level and debt-to-income ratio are key factors that we review to determine if you can repay a loan. We’ll look at your monthly debt payments compared to your gross monthly income. The lower your ratio, the better your chances of approval.
Make sure you have a good credit score. We evaluate your credit history to evaluate your repayment habits and assess risk, making it essential to keep a strong credit score and positive credit history to improve your chances of getting favorable loan terms.

Boost your chances of securing a loan with better terms by proving your fiscal prudence through saving for a down payment. While down payment requirements differ, a bigger down payment is typically advantageous in qualifying for loans and reducing the amount borrowed.
Maintaining consistent employment and stable income can greatly improve your chances of getting approved for a loan. We look for a strong employment history or proof of long-term contracts to assess your financial stability.
Looking for a way to improve your chances of qualifying for a loan? Start by managing your existing debts, including student loans, credit card balances, and outstanding loans. We’ll help you evaluate your debts and develop a plan to keep them within reasonable limits.

Ready to own your dream home as an optometrist? Our Optometrist Home Loan program can make it happen! Meet the qualifying criteria and consult with our experts to guide you through the process. Your hard work and success as an optometrist deserve a home that reflects your accomplishments. Start your journey today.

HOME LOANS FOR OPTOMETRISTS AT EVERY STAGE OF THEIR CAREER

Whether you’re a recent graduate starting your career, an experienced optometrist seeking to enhance your skills, or a professional looking to refinance, we have the perfect solution for you.

For Recent Graduates: For Recent Graduates: Our tailored solutions help you transition smoothly from student life to homeownership.

For Established Optometrists: If you’re looking to buy your dream home, we offer options that align with your financial goals.

For Those Seeking to Refinance: Benefit from lower rates or better terms to ease your financial burden

GET STARTED WITH AN OPTOMETRIST HOME LOAN

Secure financing for your dream home as an optometrist. Follow these easy steps to get started:

Organize your finances first: Before moving forward with your optometrist home loan, make sure you organize your financial information such as credit score, income statements, and any existing debts or loans. Don’t let poor financial organization prevent you from securing the home of your dreams.
Research different Optometrist home loan options: Find the perfect loan by comparing multiple options. Take a close look at interest rates, repayment terms, and fees to ensure it aligns with your needs.
Contact us: Reach out to us once you’ve got a clear idea of what you need and we’ll guide you through the application process. Don’t forget to bring all the financial information you’ve gathered in step 1!

Complete the application: Get the loan you deserve by filling out our application with accurate and complete information. We need this to determine your eligibility and ensure a smooth approval process.
Wait for approval: We’ll carefully evaluate your application to deliver a decision. Depending on the volume of applications, the entire process can last anywhere from a few days to a few weeks.
Receive your funds: When approved for the loan you will receive your funds. Ensure responsible use and timely payments to keep your credit score in good standing.

SIMPLIFY YOUR FINANCES WITH BANKING FOR OPTOMETRISTS

Get more bang for your buck with our Optometrist home loans and high-interest checking and savings accounts. Our competitive interest rates and low fees make it easy to save more money. Plus, our health savings account (HSA) helps you save money on your medical expenses. You can contribute pre-tax dollars to your account and use the funds for qualifying medical expenses tax-free. Keep your finances in top shape with our comprehensive banking options!

Choose one or all of our financial products to help you achieve your financial goals. Contact us today to learn more about our offerings.

PAYROLL PLUS ACCOUNT

Give your paycheck a boost!

Get the best of both worlds – the convenience of Direct Deposit and an excellent rate of return.

JUMBO DEPOSIT ACCOUNT

Your savings, safe and secure.

Secure Your Savings: Benefit from High-Yield Interest and Flexible Options up to $7 Million, Fully FDIC Insured!

HEALTH SAVINGS ACCOUNT

Convenient health funds.

Save for your medical expenses with our interest-bearing account available for eligible optometrists – perfect for both current and future qualified medical expenses and can be used alongside high-deductible health insurance plans.

oPTOMETRIST HOME LOAN fAQ

What makes an optometrist home loan different from traditional loans?

Optometrist home loans are tailored to address the unique financial challenges that optometrists face, such as high student loans and fluctuating income.

What credit score is needed for an optometrist home loan?

Requirements vary, but many programs accommodate a range of credit scores.

Are there refinancing options available for optometrists?

Yes, we offer refinancing options for optometrists looking to take advantage of lower rates or better terms.

How do I know if an optometrist home loan is right for me?

If you are an optometrist looking for a mortgage solution that understands your unique financial situation, an optometrist home loan might be right for you.

140 North Phillips Avenue #101A, Sioux Falls

4.7 99 reviews

Tj Rajchel ★★★★★ 2 months ago
Julie was beyond amazing to work with. She spent well over 12 months as I went from house to house trying to make a purchase and each time, Julie was more than ready to assist with anything whether that be a preapproval letter or questions … More about financing. I cant say enough good things about my experiences with her and how simplified the mortgage process was! If I need to refinance I know I'm in good hands with Julie! Thank you again!
Hannah Mears ★★★★★ a month ago
We are very pleased with the service that Matt Velline provided during our home buying process! He is very efficient and a great communicator, making the experience less stressful. We will recommend him to our friends and family and will … More be using him in any future endeavors.
Kazvin Marfatia ★★★★★ a year 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 🙂
Abby Bennett ★★★★★ 6 months ago
Incredibly responsive and helpful when pursuing a home loan. I would highly recommend Julie. She communicates in whichever avenue is easiest for you (email, phone, etc) and answers questions in as much or little detail as is needed. She … More also has competitive rates which kept me from needing to shop around too much for another lender!
Sydney Rice ★★★★★ 6 months ago
Great experience! For something that is traditionally very stressful, Julie Velline and her team made our home-buying process smooth, quick and painless. We received our pre-approval in record time and throughout the remainder of the lending … More process, she was in constant contact and would respond to questions quickly. Highly recommend Julie for your next mortgage/refinance!
Tyler Roicki ★★★★★ 6 months ago
This was my wife & I's second time working with Matt Velline in the past year and a half on a home purchase, using a Physicians Loan. The loan & closing process was absolutely seamless each time.
Not only did we close on time … More which was very important to us, but funding happened as quickly as any I've ever seen (I'm a real estate agent, so I've seen a lot of different situations).
We're super happy with Matt & his team. I look forward to working with him again in the future & would highly recommend!
J. Eric Fischer ★★★★★ 7 months ago
I have been working with Kara regarding what I may qualify for. She has given me a wealth of information and a strategy for my next steps in the process. I spoke with several other lenders before working with Kara and no one was willing … More to give me the time of day because I was not planning on buying for 6-12 months. Also, she is able to lend in all 50 states. This makes it really easy for me to look at relocating to another part of the country and being able to coordinate that with the purchase of a new home. I would highly recommend working with Kara. She’s been in the business for over 20 years and knows what she is talking about and helps create a great financial strategy for being prepared to make a purchase.
Siavosh Tarighi ★★★★★ 9 months ago
Exceptional Mortgage Lending Service – A Seamless Refinancing Experience
I had the pleasure of working with Julie and her outstanding team during my recent mortgage refinancing, and I am thoroughly impressed by the level of service I received. … More From the very start of the process, Julie demonstrated exceptional professionalism, expertise, and commitment. Her team worked tirelessly around the clock, maintaining clear communication and providing timely updates at every stage. Their attention to detail and thorough approach ensured that the refinancing process was not only smooth but efficient and stress-free.
Having secured multiple mortgage loans in the past, I can confidently say that this experience stands out as the most seamless and well-executed. Julie and her team's dedication to excellence, coupled with their ability to navigate the complexities of the refinancing process, is truly unmatched in the industry. Their focus on client satisfaction and ensuring that all of my questions and concerns were addressed in real-time made a significant difference.
I wholeheartedly recommend Julie and her team for anyone seeking mortgage services. Their commitment to delivering a top-tier customer experience, alongside their strong work ethic and ability to meet deadlines, sets them apart in the lending space. Without a doubt, Julie has raised the bar, and I look forward to working with her again in the future.
Marge Haworth ★★★★★ 5 months ago
Julie is a Realtors dream to work with. Responsive and prompt. She actually closed our transaction almost 2 weeks early, capturing the best rates for our comman clients. 5 stars all day long!
Erin Brandsgard ★★★★★ 3 months ago
Jeremy was incredibly helpful, resourceful, kind, and always available in our process of buying our first house. He made it so easy for us and helped us through every step of the way!
Katie Moore ★★★★★ 10 months ago
I feel so incredibly lucky to have been able to work with Nikki Rydberg for my physician home loan. She repeatedly went above and beyond the call of duty to help me. She not only was the one who discovered a long-standing error in my credit … More report that even I had somehow missed (my medical student loans were reported in duplicate!), but she helped correct that error for the sake of this loan, and additionally helped me figure out next steps to take for permanent dispute of this reporting error for the sake of my credit in general. She was available to me around the clock for any and all questions, and I truly could not have asked for a better partner in navigating this stressful time. @Heritage Bank and @Physician Bank, you are incredibly lucky to have Nikki on your staff – I do not have enough positive things to say about my experience working with her!
Randy Cox ★★★★★ 10 months ago
Julie was great to work with through the mortgage process! She was very attentive, responsive, and supportive through the entire process. Highly recommend her and will be working with her in the future for any new home purchases or refinances! … More
Dr. CRP ★★★★★ 10 months ago
I need to provide a big thank you to Julie. I had an extremely hard time finding a lender who would provide a preapproval after relocating for work. All the other lenders were immediately dismissive since I have complicated finances due … More to owning multiple rental properties and the way lenders have been tightening their approvals. Julie straight up told me: I will find a way to get it done. And she followed through with that statement. Now I am typing my review in the comfort of my new home. It wasn't an easy process due to how complicated the structure of my properties are, but complicated and not having a home are two completely different scenarios. No one else could do it, but Julie did. A much deserved should out and 5 star review for getting the job done that no one else could. I am grateful.
Kelly Newton ★★★★★ a year ago
We had a lot of life changes and purchasing a new home was one of them. Julie was patient, knowledgeable, and walked us through every part of the process. Julie is an excellent communicator and was available at random times around my schedule. … More I highly recommend her and we now have the house of our dreams!
Chase Jackson ★★★★★ 10 months ago
Excellent & easy to work with. The smoothest process we've ever had dealing with any bank transactions. Julie made closing a breeze…we were in and out in less than 30 minutes at closing.
Tessa LaBounty ★★★★★ a year ago
I can not thank Julie Velline enough for the service she provided us during the home buying process. With the help of Julie and Physician Bank my husband and I were able to build our dream home. Julie was extremely knowledgeable and able … More to answer all of our questions (which as first time home buyers we had a lot of). She made the entire process run smoothly. I would definitely recommend Julie to anyone looking to buy or build a home, especially physician's who are interested in building their dream home as Physician Bank made the construction loan process so easy and seamless.
Brent Berry ★★★★★ a year ago
Julie is INCREDIBLE!! She is efficient and sooooo knowledgeable. The best part I would say is she cares!! She Pays close attention to each of my clients details and puts them in the best product to fit each buyers needs. Above all else … More she is the most kind and genuine person I know!
Brent Berry
eXp Realty
Fernanda Morais ★★★★★ a year ago
Julie was such a pleasure to work with. She was able to get everything we needed done quickly and smoothly (and responds during off hours) – even our realtor mentioned how efficient Julie was in making this process super easy.
Antoinette Hunt ★★★★★ 11 months ago
Nikki was a pleasure to work with. She made the transaction smooth to the closing. She is a professional and was responsive whenever needed to all parties concerned. She cares about her clients. I would highly recommend her for any of your … More loan needs.
Antoinette Hunt
Boukari Realty
Alachua Fl
Kirbi Sullivan ★★★★★ 2 years 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 ★★★★★ 2 years 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!
Fernando Zayas Bazan ★★★★★ 2 years 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!
Tony Captain ★★★★★ a year ago
Matt velline was an amazing mortgage loan originator. This was undoubtedly the most flawless and efficient process I have ever been involved in to obtain home mortgage loan. Rather the Spanish inquisition, I encountered a consummate professional … More who embodied sincerety and kindness. He was informative every step along the way and made the experience pleasant and tranquil. Matt made the process seem easy and comfortable. So, indeed wonderful loan mortgage originator that was the most superb!!!! Thank you physician bank for being the best ever in my book!!!! Also, Julie and Juanita were an intricate part of the process and great assets to the team!!! Kudos to all!!!!
Trinh To ★★★★★ a year 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.
Carolyn Lussenhop ★★★★★ 2 years ago
I had a wonderful experience with Physician Bank and they worked very closely with me to help me purchase my first home. My mortgage officer, Chris, was extremely helpful throughout the entire process. She is very knowledgeable, accountable, … More and went above and beyond to ensure that we closed on our home very quickly. We will continue to work with Physician Bank in the future, and I would absolutely recommend them to anyone!
Carrie Nemeh ★★★★★ 2 years ago
We just closed on our new home today and couldn't be more impressed with the service provided by Ryan at Physician Bank! He was incredibly responsive from start to finish. This was our first time buying a home so we had a lot of questions … More and Ryan was so patient and helped us every step of the way. We were able to get into our first choice home and close within 30 days. After extensive research we were most impressed by the choices and service provided by Ryan at Physician Bank which is why we ultimately chose this lender. Thank you!