Physician Home Loans

Physician Home Loans

Your Path to Homeownership

Unlocking the dream of homeownership can be an exciting journey, but for physicians, it can also present unique challenges. Balancing the complexities of the housing market with the demands of a medical career may feel like a daunting task. That’s why Physician Home Loans exist – to offer a custom loan solution crafted specifically for doctors. With our Physician Home Loans, doctors can prioritize their patients’ well-being, confident that their housing needs are in trusted hands.

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AVERAGE RESPONSE TIME <10 MINUTES

Physician Loans For Doctors

Physician Loans are only available through www.physicianbank.com.

  • 95% 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

Get up to $2 million in mortgage financing as a qualified physician. Whether you’re a medical resident or a practicing physician, we’ve got you covered. Contact us now to learn about our amazing physician loans program for doctors!

Get personalized mortgage loan and banking solutions tailored specifically for licensed physicians in all 50 U.S. states. We offer physician loans, personal and business loans, and private banking services to help you achieve your financial goals. Whether you have a Medical Doctor (MD), Doctor of Dental Surgery (DDS), Doctor of Medicine in Dentistry (DMD), Doctor of Optometry (OD), Doctor of Osteopathic Medicine (DO), Doctor of Podiatric Medicine (DPM), Doctor of Veterinary Medicine (DVM), or are a Registered Pharmacist (PharmD), we can help you get the financing you need.

  1. Enjoy 95% financing for up to $725,000 on physician loans, exclusively for your primary residences. Apply now!
  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. Get in touch with us to learn about your loan options! Keep in mind that 95% financing may not be available for physician loans exceeding $725,000 and is subject to approval.

Important Information

Procedures for Opening an Account Mandated by the USA PATRIOT ACT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT ACT, a Federal law, requires all financial institutions to obtain, and record information that identifies each person who opens an account.

What this means for you:

When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

95% Financing Available For our Physician Home Loan

95% financing available on physician loans up to $725,000. Property use must be primary residence.

Student Loan Debt Leniency with a Physician Bank Home Loan for Physicians

Leniency towards student loan debt during decisioning. .5% of student loan balance used as monthly qualifying payment.

Physician Mortgage Loans Apply to Single Family Housing and More

Single family dwellings, townhome, condo and 4-unit owner occupied purchases1.

90-Day Locks For Physician Mortgage Loans

90-Day locks are subject to terms and conditions of the lock agreement.

No Private Mortgage Insurance Fees (PMI) for Physician Loans

No Private Mortgage Insurance PMI Fees

Physician Loans with 45% Maximum Debt to Income

Maximum Debt to Income is 45%.

95 percent financing

95% financing available on physician loans up to $725,000. Property use must be primary residence.

student loan debt leniency

Leniency towards student loan debt during decisioning. .5% of student loan balance used as monthly qualifying payment.

single family dwellings

Single family dwellings, townhome, condo and 4-unit owner occupied purchases1.

90 day locks

90-Day locks are subject to terms and conditions of the lock agreement.

no private mortgage insurance

No Private Mortgage Insurance Fees (PMI)

maximum debt to income ratio

Maximum Debt to Income is 45%.

Additionally, qualified physicians can obtain physician loan financing up to $2,000,0001. Medical residents and practicing physicians may apply. Contact us today to learn more about loans for physicians!

We offer physician mortgage loans, personal and business loans, and private banking services for licensed physicians in all 50 U.S. states. Licensed physicians with the following medical degrees can qualify for financing with Physician Bank:

1Loan subject to approval, 95% financing not available on loans over $725,000. Contact us to learn more.

GET STARTED WITH PHYSICIAN HOME LOANS

If you are a physician looking to secure financing to purchase or refinance a home, our physician loans can help. Here are some steps to get started:

  • Collect your financial information: Get organized before applying for a physician mortgage loan! Gather essential financial information such as credit score, income statements, and outstanding debts or loans to increase your chances of securing financing.
  • Explore various loan options: Discover the perfect physician loan for your needs! Check out our interest rates, repayment terms, and fees before choosing one to ensure a good fit.
  • Connect with our team: Ready to take the first step towards your goal? Get in touch with us once you have a clear idea of what you need, and we’ll guide you through the loan application process. Don’t forget to have your financial information handy from step 1!
  • Complete the application: Apply with precision! Accurate and comprehensive information is key for us to assess your loan eligibility. We will discover your loan eligibility with the information provided.
  • Please await approval: Your application is important to us. Our team will carefully review your information and promptly make a decision. While it may take a few days to a few weeks to complete this process, we assure you that we are working diligently to provide you with a response.
  • Get your funds quickly and easily: Get the funds you need with our loan approval. But don’t forget to use them responsibly and stay on top of payments to keep your credit score in good standing.
  • Collect your financial information: Get organized before applying for a physician mortgage loan! Gather essential financial information such as credit score, income statements, and outstanding debts or loans to increase your chances of securing financing.
  • Explore various loan options: Discover the perfect physician loan for your needs! Check out our interest rates, repayment terms, and fees before choosing one to ensure a good fit.
  • Connect with our team: Ready to take the first step towards your goal? Get in touch with us once you have a clear idea of what you need, and we’ll guide you through the loan application process. Don’t forget to have your financial information handy from step 1!
  • Complete the application: Apply with precision! Accurate and comprehensive information is key for us to assess your loan eligibility. We will discover your loan eligibility with the information provided.
  • Please await approval: Your application is important to us. Our team will carefully review your information and promptly make a decision. While it may take a few days to a few weeks to complete this process, we assure you that we are working diligently to provide you with a response.
  • Get your funds quickly and easily: Get the funds you need with our loan approval. But don’t forget to use them responsibly and stay on top of payments to keep your credit score in good standing.

More Than Physician Home LoanS

Along with the best physician mortgage loan program in the US, we also provide high interest-bearing checking and savings accounts with low fees and competitive interest rates. Plus, our health savings account (HSA) offers a tax-free solution to help you pay for qualified medical expenses with pre-tax dollars. Sign up now and take charge of your financial and health goals!

Transform your financial future with our wide range of products. Whether you want to save for a down payment, invest for retirement, or simply build wealth, we have the right tools to help you reach your goals. Get in touch with us today to discover how we can help you achieve financial success.

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.

Physician Payroll Plus High Interest Checking Account

JUMBO DEPOSIT ACCOUNT

Your savings, safe and secure.

Get high returns on your savings with our flexible account options that guarantee FDIC insurance on deposits up to $7 million.

Note: FDIC insurance up to $7 million is subject to additional terms and conditions.

Save With Jumbo

HEALTH SAVINGS ACCOUNT

Convenient health funds.

Save for current and future qualified medical expenses with this interest-bearing HSA account, exclusively available to eligible individuals. Pair it with high-deductible health insurance plans for maximum benefits.

Health Funds HSA

PAYROLL PLUS ACCOUNT

Payroll Plus Checking 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

Jumbo Deposit

Your savings, safe and secure.

Get high returns on your savings with our flexible account options that guarantee FDIC insurance on deposits up to $7 million.

Note: FDIC insurance up to $7 million is subject to additional terms and conditions.

HEALTH SAVINGS ACCOUNT

Health Funds

Convenient health funds.

Save for current and future qualified medical expenses with this interest-bearing HSA account, exclusively available to eligible individuals. Pair it with high-deductible health insurance plans for maximum benefits.

New! 4.04% APY* on checking.
*APY = Annual Percentage Yield

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Payroll Plus Checking Account

*APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened. Rate applies to balances between $0.01 and $100,000

To earn 4.04%, you must:

  1. Have at least $5,000 in direct deposit each month from payroll, social security, investment income, or other forms of monthly income.
  2. Have monthly debit card purchases posted to your account equaling a minimum of $500. Please note that ATM transactions do not count toward the debit card purchase requirement.
  3. Enroll and receive monthly eStatements. With eStatements, you must have a valid email address to enroll. $4 per month fee applies if not enrolled in eStatements and paper statements are sent through U.S. Mail.

Payroll Plus Rates effective as of April 1, 2024. Minimum opening deposit of $100.