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Doctor Home Loans in Louisiana

Doctor Home Loans in LouisianaIf you’ve been considering a doctor home loan in Louisiana, getting connected with an experienced lender can help you through the entire physician loan process. With almost 14,000 physicians who call The Pelican State their home, your dream of homeownership is possible with a physician home loan.

Louisiana offers its 4.6 million residents many different lifestyles – from life on the coast, or the cities of New Orleans and Shreveport and lots of places in between. Louisiana is known for being a Sportsman’s paradise, tons of outdoor activities and a beautiful place to enjoy Mother Nature. 

Recommended Lenders for Doctor Home Loans in Louisiana

Tony Umholtz, Sr. Vice President Mortgage Banking | Iberia Bank | NMLS#377409

Tony Umholtz and Financial Residency Doctor Home LoansTony Umholtz and his team at IBERIABANK/First Horizon Mortgage have helped many people achieve their goal of homeownership over the years and do that by offering 100% financing with no PMI to licensed physicians. Whether you are a first-time homebuyer, refinancing or building your dream home, Tony has the expertise to help navigate you through this ever-changing mortgage environment. In addition to traditional mortgage financing solutions, IBERIABANK/First Horizon Mortgage is pleased to offer specialty financing programs for clients with unique borrowing needs. Tony specializes in the:  The Medical Professional Loan Program: financing designed to meet the needs of licensed medical physicians.

Reach Tony at Iberia Bank by visiting this link or by calling (813) 603-4255. 

 

US Bank physician loan

Jonathan Brozek, Mortgage Loan Officer | U.S. Bank | NMLS# 850168

Equal Housing Lender

“Pinch me. I must be dreaming!” is what one of Jonathan’s physician endorsers expressed after reflecting on his mortgage experience. Others state their experience allowed them to enjoy the process of buying a home. We’re optimistic you’d experience the same. But, there’s only one way to find out.

Contact Jonathan by emailing him here: jonathan.brozek@usbank.com (email preferred) or call (916) 788-7982

 

UMB physician loans

Doug Crouse, Mortgage Loan Officer | BMO Bank

Whether it’s your first home, a refinancing project or looking for the next home upgrade, Doug is focused on making a real and lasting difference. That’s why he takes the time to understand each of his clients’ unique home buying needs (as he has with my very own physician family).

Contact Doug by visiting this link.

 

 

Jared Bahr of Regions Bank has been in the lending business for over 11 years and has a wealth of experience! While closing thousands of doctor home loans in his career, Jared has mastered the underwriting process and seen almost every type of contract. With Regions (and Jared) your physician loan will automatically qualify you for private banking with all its corresponding perks. As a family man himself, Jared puts a high priority on letting his clients focus on what matters most: their family and career.

Let Jared help you find your dream home today! Contact Jared by going here.

Louisiana is more than Mardi Gras and life on the bayou though. It’s also home to a changing healthcare landscape, even in the midst of the healthcare challenges that face the state. Whether it’s your residency program, your career as an attending or simply moving back home that brings you to Louisiana, a doctor home loan can make it possible.

Working with a lender who specializes in doctor home loans in Louisiana can be a great asset throughout the home-buying process. Getting pre-qualified for a doctor home loan in Louisiana will give you the right numbers to work with as you begin your house-hunting journey. You’ll know what to expect with your monthly mortgage payment as you navigate through your housing options. When you do make an offer, being pre-qualified helps show the seller you’re a serious buyer. 

If you’re ready to discover the best doctor home loan in Louisiana, then you’ll find these lenders ready to help you with your new loan. 

 

List of Lenders for Doctor Home Loans in Louisiana

BMO Harris – BMO Harris offers several mortgage options for physicians. Physicians can borrow up to 100% on mortgages up to $1M, 95% on mortgages up to $1.5M, and 90% on mortgages up to $2M. There is no PMI on physician mortgage loans through BMO Harris. The loan programs are available with either fixed or adjustable rates and without any special fees. BMO Harris is headquartered in Chicago, IL and also operates in the states of AZ, FL,IN, KS, MN, MO, and WI – excludes NY.

 

US Bank – U.S. Bank is a leader in the mortgage industry. Many of their customers have said they would recommend them in the future. They offer loans that meet almost every mortgage need. You may be eligible for the U.S. Bank Customer Credit with a new or existing U.S. Bank Personal Checking Package, or with an existing first mortgage with U.S. Bank. Take 0.25% of the loan amount and deduct it from the closing costs, up to a maximum of $1,000. At U.S. Bank, they know that your home is one of the biggest investments you’ll ever make. And whether you’re looking for a new mortgage loan, a mortgage refinance or a home equity loan, you want a partner you can trust. 

 

Citizens Bank – Citizens Bank offers a special mortgage program for physicians and dentists through their doctor loan program. The Citizens Bank Doctor Loan is available for purchases and limited cash‑out refinances of primary residence. A few highlighted features of the program include up to 95% financing, no mortgage insurance, and your choice of a fixed-rate or adjustable-rate mortgage. Headquartered in Providence, RI, Citizens Bank has over 1,200 locations across the country.

 

Regions Bank – Regions Bank can help borrowers finance a loan with no down payment options for loans up to $750,000 or a 5% down option for those who need up to $1M. In addition, PMI will be excluded. Regions bank will also exclude certain student loan debt when calculating your debt-to-income ratio.

 

IberiaBank – IberiaBank offers several mortgage solutions for borrowers. Physician loans are offered to those both residents, fellows and practicing physicians. Doctors are eligible to borrow up to $1M with no money down. Mortgage loans are offered with options including  5/1 ARM, 7/1 ARM and 30 year fixed – all with no mortgage insurance. Iberia Bank is headquartered in Louisiana and is available in several states.

 

Recommended Real Estate Agents In Louisiana

Financial Residency has partnered with Dr. Moves to offer you a tailored home buying experience with agents that specialize in working with physicians in Louisiana.

 

Moving to a different state? Click on the state you are moving to and get the best lenders in that state.

 

Return to learn more on physician home loans.

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