Skip to content

Doctor Home Loans in Mississippi

If you’re contemplating a home purchase or a refinance option, then a doctor home loan in Mississippi can be a smart financial move. Start by getting connected with a knowledgeable lender and they can help you through the entire physician loan process. With almost 6,600 physicians who call The Magnolia State their home, your dream of home ownership in Mississippi is possible with a physician home loan.

Mississippi offers its 2.9 million residents a variety of lifestyles. From a life on the coast, to rural areas and small towns – there’s no shortage of places to call home. Whether you prefer the life in the country or the vibe of a college town, Mississippi has a lot to offer its residents.

Recommended Lenders for Doctor Home Loans in Mississippi

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. 

 

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.

 

“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 visiting this link or call (916) 788-7982

 

Truist physician loanMike Fitzmeyer, Sales Manager/V.P. | SunTrust (now Truist) | NMLSR #93716

Mike Fitzmeyer of SunTrust (now Truist) understands the mortgage business. He is a seasoned professional with over 28 years of experience with a specific focus on Doctor Mortgage financing.  Mike understands the needs of the Physician community and will tailor a mortgage solution for each client’s individual needs and financial plan. Mike and SunTrust (now Truist) have tremendous Doctor Mortgage experience and have flexibility in dealing with different situations in order to customize a mortgage solution for each client.   

Contact Mike by visiting this link to get the best service for your next home purchase or refinance needs. 

 

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.

 

Mississippi is more than football and fishing to those who call it home. It’s also a place with a changing healthcare landscape and one that is trying to rise above current challenges. Whether it’s your residency, beginning your career as an attending, or simply moving back near family and friends that brings you to Mississippi, a doctor home loan can make it possible.

Working with a lender who specializes in doctor home loans in Mississippi can be a great resource throughout your home-buying journey. Getting pre-qualified for a doctor home loan in Mississippi will give you the right numbers to work with as you begin your house-hunting process. You’ll know exactly how much you’ll have to pay for your monthly mortgage as you navigate through your housing options. When you do make an offer on a home, being pre-qualified will show the seller you are a serious buyer. 

If you’re ready to get started finding the best doctor home loan in Mississippi, then you’ll find these lenders ready to assist you with your new loan. 

 

List of Lenders for Doctor Home Loans in Mississippi

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.

 

SunTrust (now TRUIST) – The doctor home loan program from SunTrust Bank (now Truist) is available to MDs, DOs, DDS’, and DMDs that are currently in residency, and practicing professionals that have completed their training within the last 10 years. Residents and fellows are eligible for a SunTrust physician loan up to $750,000 with no down payment at 100% financing! Meanwhile, those within ten years of residency completion are eligible for higher physician loan amounts up to $1,000,000 with 95% financing and up to $1,500,000 with 89.99% financing!

 

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 Mississippi

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

 

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.

 

Close
Did you know that we have a podcast exclusively for physicians? Want to understand your personal finances with out all the confusing jargon? Listen Now.
Scroll To Top