PHYSICIAN MORTGAGE OFFERS
Save up to $1,000 on Closing Costs
Physician Bank offers mortgage closing cost credits that may help eligible borrowers reduce the cost of purchasing a primary residence. Current offers include an exclusive Physician Bank Heroes Credit and the Bank With Us Mortgage Credit. All offers are subject to eligibility requirements, loan approval, and program guidelines.
EXCLUSIVE PHYSICIAN MORTGAGE OFFERS
Eligible borrowers may receive up to $1,000 toward closing costs through the Physician Bank physician loan program. This includes an exclusive $500 Heroes credit for being a physician and a $500 Bank with Us mortgage closing credit for borrowers who have or open a Physician Bank checking account with qualifying direct deposit.
FIND OUT IF YOU QUALIFY
WHAT COUNTS AS A QUALIFYING DIRECT DEPOSIT?
Qualifying direct deposits include electronic deposits such as:
- Payroll
- Social Security benefits
- Investment income
- Other recurring income deposits
FREQUENTLY ASKED QUESTIONS
The Physician Loan Closing Cost Credit is a promotional offer that may provide eligible borrowers with up to $1,000 toward closing costs on a qualifying physician mortgage. Eligibility and loan requirements apply.
Eligible borrowers may receive up to $1,000 through the Physician Loan Closing Cost Credit. Eligible borrowers who meet the requirements for the Bank With Us Mortgage Credit may receive up to $500 in additional savings. Individual eligibility and program requirements apply.
Mortgage offers are subject to current promotional terms, eligibility requirements, and loan guidelines. A Physician Bank mortgage expert can explain which offers may be available based on your situation.
A qualifying direct deposit is an electronic deposit such as payroll, Social Security benefits, investment income, or another recurring income source. Transfers, mobile deposits, ATM deposits, and peer-to-peer payments do not qualify.
Yes. Physician Bank states that medical residents, fellows, and practicing physicians may apply for its physician mortgage program, subject to qualification requirements and loan approval.
Yes. Medical fellows may apply for a Physician Bank physician mortgage if they meet program requirements and loan approval standards.
Physician Bank states that eligible borrowers may be able to close before their contract start date and move into a home up to 90 days before employment begins. Loan approval and program requirements apply.
Physician mortgage offers referenced on this page are intended for qualifying borrowers purchasing a primary residence, subject to program guidelines and approval requirements.
No. Mortgage offers are not guaranteed and remain subject to eligibility requirements, loan approval, program guidelines, and current promotional terms.
Questions about eligibility, qualifying direct deposits, or current mortgage offers? A Physician Bank mortgage expert can help explain available options and current offer requirements.
PHYSICIAN BANK ACCOUNT OPTIONS
Alongside physician personal loans, we have high-interest checking and savings accounts with competitive rates and low fees. You can also take advantage of our interest-bearing health savings account (HSA) to reduce your medical expenses. With our HSA, you can contribute pre-tax dollars and use them to pay for qualified medical expenses without any additional taxes. Start saving today!
Ready to achieve your financial goals? Choose from our selection of financial products – one or all – and start your journey towards success. Get in touch with us today and discover more about our offerings.
PHYSICIAN 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.
Maximize your savings potential with our high-yield savings account, offering flexibility and full FDIC insurance for up to $7 million in deposits.
HEALTH SAVINGS ACCOUNT
Convenient health funds.
An interest-bearing account specially designed to help you save up for current and future qualified medical expenses. (Can be paired with a high-deductible health insurance plan to maximize savings.)
PHYSICIAN HOME LOANS
Your path to home ownership.
Get up to $2 million in mortgage financing with custom solutions crafted specifically for doctors.
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.
