Doctor Home Loans in Missouri

Doctor Home Loans in MissouriPurchasing a new home in Missouri is an exciting – yet overwhelming – adventure. A doctor home loan in Missouri can help make the financing (or refinancing) process run as smoothly as possible. Whether it’s a move to be closer to the family, or your medical career that brings you to the Show-Me State, you’ll join over 20,000 who currently practice in Missouri.

Missouri remains the Gateway to the West and happens to be one of the most populated states in the Midwest.  There are over 6.1M residents who call Missouri home, with steady growth over the last several years. Missouri has more to offer its residents than professional sports teams and BBQ competitions. It’s a state full of variety – both in living spaces and healthcare options.  

Recommended Lenders for Doctor Home Loans in Missouri

Jim Secrest - Arvest BankJim Secrest, Mortgage Lending Supervisor | Arvest Bank

Prior to being with Arvest, Jim spent 20 years in the Consumer Finance, Mortgage Lending and Title industries, holding positions in both Operations and Sales Management. Jim has a proven track record of working with customers to position themselves in the best product available and walking them through the “team” concept that streamlines the closing process. This is accomplished by creating transparent communication with everyone involved in the transaction.

Reach out to Jim at Arvest here or call 913-634-2323. 

 

UMB physician loansDoug 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.

 

Darick Hensel,  Mortgage Banker, Huntington Bank (formerly TCF Bank) NMLS #1177936

With over 15 years experience in mortgage lending and many years specializing in physician loans, Darick Hensel draws on every previous client to help improve for the next.

He understands the nuances of physician contracts, relocations, and financial strategies. Married to a trauma surgeon, Darick values your time and need for expediency. Outside of helping new and experienced physicians with their mortgage needs, he loves his wife, 2 dogs, golfing, and traveling.  He and his wife already have tickets to the 150th British Open! Get to know Darick too.

Find him by visiting this link, emailing him at Darick.hensel@huntington.com, or calling 517-214-3257.   

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

 

 

 

 

Living in Missouri means you have tons of choices with housing. You can choose to live in a small town, a big city or anywhere in between. A physician mortgage loan can make it possible to finalize your dream of homeownership.  

To get started with a doctor home loan in Missouri, you’ll want to choose a lender who understands the challenges with your finances and demands on your busy schedule. The right lender can get you pre-qualified for a physician mortgage loan so you’ll be prepared as you begin your house-hunting journey. A preferred lender can walk you through each step of the process of obtaining a mortgage. They can also help you make the best decisions while factoring in your student loans and other challenges unique to physicians.  

If you’re ready to get started on your doctor home loan in Missouri, then you’ll find these recommended lenders ready to help you move forward. 

 

List of Lenders for Doctor Home Loans in Missouri

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.

 

TCF Bank – TCF Bank has approximately 475 banking centers primarily located in Michigan, Illinois, and Minnesota with additional locations in Colorado, Ohio, South Dakota, and Wisconsin. They offer a doctor home loan designed to fit the unique needs of physicians, dentists, chiropractors, veterinarians, and more! No down payment for those who qualify (closing costs could apply). No private mortgage insurance is required for those who qualify. Their mortgage loan officers are experienced in working with medical professionals and are ready to guide them through the loan process for their purchase or refinance. 

 

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. 

 

Arvest Bank – Arvest Bank offers several options for physician mortgages. The doctor loans feature benefits such as mortgages up to 103% loan to value, flexible underwriting guidelines and no PMI. These loans are available to those who recently graduated from medical school, in residency or a physician who has been practicing for years. There are many other loan products available to best suit your financial needs. Arvest Bank is headquartered in Bentonville, AR and has over 260 locations.

 

Citizens Bank – Citizens Bank offers a special mortgage program for physicians and dentists through their doctor loan program. Their 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.

 

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.

 

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.

 

Recommended Real Estate Agents In Missouri

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

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

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